LUXEMBOURG / ACCESSWIRE / August 17, 2021 / Ternium S.A. (NYSE:TX) has been informed that the first-instance judge in charge of the Notebooks Case acquitted Ternium's Chairman, Paolo Rocca, of all charges brought against him in the case. In its decision, the first-instance judge stated that Mr. Rocca's involvement in the Notebooks Case's judicial proceedings does not affect his good name and honor in any way. The first-instance judge's decision concerning Mr. Rocca was not appealed by either the prosecutor or the government unit prosecuting economic crimes (UIF).
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.
Ternium is Latin America's leading flat steel producer, with operating facilities in Mexico, Brazil, Argentina, Colombia, the southern United States and Central America. The company offers a broad range of high value-added steel products for customers active in the automotive, home appliances, HVAC, construction, capital goods, container, food and energy industries through its manufacturing facilities, service center and distribution networks, and advanced customer integration systems. More information about Ternium is available at www.ternium.com.
SOURCE: Ternium S.A.
08/17/2021 EQS Newswire / EQS Group AG