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Ternium
Ternium S.A. is a manufacturer of flat and long steel products with production centers in Argentina, Brazil, Mexico, Guatemala, Colombia, and the United States. Ternium owns a 51.5% interest in Usiminas of Brazil. The company has an annual production capacity of 15.4 million tons. In 2023, 55% of its sales were from Mexico; 21% of sales were from Argentina; Bolivia, Chile, Paraguay and Uruguay; 13% of sales were from Brazil; and 11% of sales were from the United States, Colombia and Central America. Approximately 21% of the company is publicly-traded; the remainder is controlled by San Faustin S.A., which is in turn controlled by Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a Stichting. The company takes its name from the Latin words ''Ter'' (three) and ''Eternium'' (eternal) in reference to the integration of the three steel mills. History Ternium was formed in 2005 by the consolidation of three companies: Siderar of Argentina, Sidor of Venezuela and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel Novegil
Daniel Agustín Novegil is an Argentine business executive. He is currently the chief executive officer of Ternium, main company in the steelmaking industry of Latin America. Novegil leads this firm since 2005, after working as executive director of Siderar (Argentina), Sidor (Venezuela), Hylsa and IMSA (México). Professional career In 1978, Daniel Novegil entered Techint in the planning and new business area. In 1993, he became General Director of Siderar, the main steelmaking company in Argentina. He was Sidor’s Executive Director from 1997 to 2003, until President Hugo Chávez nationalized the Venezuelan firm in 2008. In 2005, Novegil led the purchase of Hylsa, based in Monterrey, Mexico, giving birth to Ternium. Two years later, he negotiated the acquisition of IMSA, creating the largest steelmaking company in Latin America. From that moment onwards, Daniel Novegil is the company’s CEO. In 2012, Ternium became part of Usiminas’ control group, after the acquisition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paolo Rocca
Paolo Rocca (born 1952) is an Argentine-Italian businessman, CEO of the Techint Group, which owns Tenaris, Ternium and other companies in the engineering, construction and energy sectors. He is also chairman and CEO of Tenaris, and chairman of Ternium. As of July 2024, ''Forbes'' estimated his net worth at US$5.0 billion. Early life Paolo Rocca was born in Milan, Italy, in 1952. He is the son of Roberto Rocca, who was Honorary Chairman of Techint, and grandson of Agostino Rocca, founder of this industrial group. Paolo Rocca earned a degree in political science from the Università degli Studi di Milano. In 1985 he attended the PMD at Harvard Business School. Career After having been an assistant to the executive director of the World Bank, in 1985 Paolo Rocca began his career at Techint Group as assistant to the chairman of the board of directors. In 1990 he assumed as executive vice-president of Siderca. Techint Since 2002, he is the CEO of Tenaris and Techint. In add ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Usiminas
Usiminas is one of the largest producers of steel in the Americas, with major steel mills in Brazil with a total capacity of 9.5 million metric tons of steel per year. The company accounts for 28% of total steel output in Brazil. Usiminas has an installed capacity of producing 9.5 million tons of crude steel. The company also operates in the logistics sector through a stake in logistic company MRS Logística. The Usiminas industrial complex is the largest plain steel complex in Latin America and one of the top 20 in the whole world. The company was one of the largest shareholders in the Argentine company Ternium Ternium S.A. is a manufacturer of flat and long steel products with production centers in Argentina, Brazil, Mexico, Guatemala, Colombia, and the United States. Ternium owns a 51.5% interest in Usiminas of Brazil. The company has an annual produ ..., accounting for 14.2% of total capital. References See also * Ipatinga massacre Steel companies of Brazil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tenaris
Tenaris S.A., organized in Luxembourg, is a manufacturer and supplier of steel pipes and related services for the petroleum industry. The company produces and ships over 4 million tons of pipes annually. In 2023, 53% of the company's sales were to North America, 22% of sales were to South America, 18% of sales were to the Asia-Pacific, and 7% of sales were to Europe. The company owns 11.46% of Ternium, 3.96% of the share capital of Usiminas, and 22% of Techgen. The company is 60.45% owned by Techint, which is controlled by San Faustin S.A., which is in turn controlled by Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a Stichting, while 38.41% of the company is publicly-traded. History Tenaris traces its roots to the formation of Siderca, the sole Argentine producer of seamless steel pipe products by the predecessor of San Faustin in 1948. Tenaris was organized on December 17, 2001. In June 2006, the company acquired Maverick Tube for $3.185 billion. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MERVAL
The S&P MERVAL Index (''MERcado de VALores'', ) is the most important index of the Buenos Aires Stock Exchange. It is a price-weighted index, calculated as the market value of a portfolio of stocks selected based on their market share, number of transactions and quotation price. The base of MERVAL is set at 30 June 1986 = 0.01 Argentine pesos. It is part of a joint-venture between S&P Dow Jones Indices and BYMA. The corporations and weighted prices that compose MERVAL are updated every three months, based on their market share during the previous period. As of 30 July 2021 the constituent companies of the index include Aluar (aluminium smelter), BBVA Argentina (financial services), Banco Macro (financial services), Sociedad Comercial del Plata (holding), Edenor (electricity), Grupo Financiero Galicia (financial services), Pampa Energía (energy), Ternium (steel), Telecom Argentina (telecommunications), and YPF (oil and gas). Historical values The following is a t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Venezuela
Venezuela is a federal presidential republic. The chief executive is the President of Venezuela who is both head of state and head of government. Executive power is exercised by the President. Legislative power is vested in the National Assembly of Venezuela. Supreme judicial power is exercised by the Supreme Tribunal of Justice. Legislative power Legislation can be initiated by the executive branch, the legislative branch (either a committee of the National Assembly or three members of the latter), the judicial branch, the citizen branch (Defensoría del Pueblo (Venezuela), ombudsman, public prosecutor, and Comptroller, controller general) or a public petition signed by no fewer than 0.1% of registered voters. The voting age is 18, and voting is not compulsory voting, compulsory. Executive power The President of Venezuela, president is elected by a plurality vote with direct and universal suffrage for a six-year term. A president may be re-elected perpetually (only in conse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association For Iron And Steel Technology
The Association for Iron and Steel Technology (AIST) is a non-profit professional organization focused on promoting the international iron and steel industry through networking and education. The AIST has over 17,500 members in over 70 countries, though the majority of its members are from North America, reflecting its historical link to the American Steel industry. The AIST was formed from a merger from two older organizations, the Association of Iron and Steel Engineers and the Iron and Steel Society in 2004. AIST is a member organization of the American Institute of Mining, Metallurgical, and Petroleum Engineers (AIME). The head office of the organization is in Warrendale, Pennsylvania. From these offices is published the monthly Iron and Steel Technology magazine. The Association also runs an international conference each year called AISTech. AIST also offers training courses and local events organized by its various member chapters and technical committees. Technology Div ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GlobeNewswire
GlobeNewswire provides press release distribution services globally, with substantial operations in North America, Europe and Asia. In 2025, Notified, parent company GlobeNewswire entered into an agreement to be acquired by Equiniti. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (noNotified acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. History GlobeNewswire was established in 1998 with the goal of eliminating the 15-minute delay in disclosing financial releases to all media, as well as offering Investor relations, Investor Relations website management services, hosting online customer service centers, and delivering the news via HTML email. GlobeNewswire facilitates the distribution of corporate press releases, financial disclosures, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Buenos Aires Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Luxembourg City
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strike Action
Strike action, also called labor strike, labour strike in British English, or simply strike, is a work stoppage caused by the mass refusal of employees to Working class, work. A strike usually takes place in response to employee grievances. Strikes became common during the Industrial Revolution, when Labour economics, mass labor became important in factories and mines. As striking became a more common practice, governments were often pushed to act (either by private business or by union workers). When government intervention occurred, it was rarely neutral or amicable. Early strikes were often deemed unlawful conspiracies or anti-competitive cartel action and many were subject to massive legal repression by state police, federal military power, and federal courts. Many Western nations legalized striking under certain conditions in the late 19th and early 20th centuries. Strikes are sometimes used to pressure governments to change policies. Occasionally, strikes destabilize the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
