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Ternium (MEX:TX) Construction In Progress : MXN41,687 Mil (As of Dec. 2024)


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What is Ternium Construction In Progress?

Ternium's quarterly construction in progress stayed the same from Jun. 2024 (MXN0 Mil) to Sep. 2024 (MXN0 Mil) but then increased from Sep. 2024 (MXN0 Mil) to Dec. 2024 (MXN41,687 Mil).

Ternium's annual construction in progress increased from Dec. 2022 (MXN11,573 Mil) to Dec. 2023 (MXN24,215 Mil) and increased from Dec. 2023 (MXN24,215 Mil) to Dec. 2024 (MXN41,687 Mil).


Ternium Construction In Progress Historical Data

The historical data trend for Ternium's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ternium Construction In Progress Chart

Ternium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,266.09 11,889.75 11,573.08 24,214.87 41,687.10

Ternium Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,214.87 - - - 41,687.10

Ternium Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Ternium Business Description

Industry
Address
26 Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449
Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel, Usiminas and Mining. In its steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The Usiminas segment include iron ore extraction, steel transformation, production of capital goods and logistics. The vast majority of its revenue comes from the steel segment and geographically from Mexico.