Ternium Participates in Usiminas Capital Increase

LUXEMBOURG--()--Ternium S.A. (NYSE: TX) announced today, by the expiration of the initial subscription round of the proposed issuance of 200 million ordinary shares of Usinas Siderúrgicas de Minas Gerais – Usiminas at an amount of BRL5.0 per share, that each of the entities within the T/T Group (including Ternium, Siderar and its wholly-owned subsidiary Prosid) has exercised its preemptive rights in connection with the share issuance and has also indicated its willingness to subscribe ordinary shares not subscribed by Usiminas’ current shareholders up to a maximum number to be specified in due course.

Accordingly, the T/T Group has subscribed today to 38.7 million ordinary shares for a total amount of BRL193.5 million, of which Ternium and its subsidiaries Siderar and Prosid have subscribed to 33.6 million for a total amount of BRL168.2 million (approximately USD47.7 million).

The term for indicating the maximum number of ordinary shares to be subscribed to under the second round is expected to expire on June 14, 2016.

Forward Looking Statements

Some of the statements contained in this press release are “forward-looking statements”. Forward-looking statements are based on management’s current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products and other factors beyond Ternium’s control.

About Ternium

Ternium is a leading steel producer in Latin America, with an annual production capacity of approximately 11.0 million tons of finished steel products. The company manufactures and processes a broad range of value-added steel products for customers active in the construction, automotive, home appliances, capital goods, container, food and energy industries. With production facilities located in Mexico, Argentina, Colombia, the southern United States and Guatemala, Ternium serves markets in the Americas through its integrated manufacturing system and extensive distribution network. In addition, Ternium participates in the control group of Usiminas, a Brazilian steel company. More information about Ternium is available at www.ternium.com.


Sebastián Martí, +1 866-890-0443
Investor Relations
+54 (11) 4018 2389

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