Steelmaker Ternium expects CAPEX this year to total around $1.8 bln
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MEXICO CITY, Feb 21 (Reuters) - Steelmaker Ternium will likely devote around $1.8 billion this year to capital spending in a push to boost its projects, the company's top executive said in an earnings call on Wednesday, adding the figure will rise to $2.5 billion in 2025.
Ternium reported fourth-quarter net income of $414 million on Tuesday, a more than tenfold leap from the same period in 2022, as volumes surged. (Reporting by Aida Pelaez Fernandez and Valentine Hilaire; Editing by David Alire Garcia)
