Ternium raises Mexico and Argentina investment by 33%
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Ternium Steel Company is estimating to invest roughly US$600 million during 2018 for its locations in Mexico and Argentina, informed Pablo Brizzio, Administration and Finance Director of this Firm. This quantity will surpass by 33% the expected total allotment of US$450 million for 2017. Ternium announced in late September that US$1,140 million will be spent to expand their special steel production capacity over the next three years at the plant in Pesqueria, Nuevo Leon.