Ternium Reports Explosion at Its Guerrero Facility

Ternium Reports Explosion at Its Guerrero Facility 
LUXEMBOURG -- (Marketwired) -- 07/23/13 --  Ternium S.A. (NYSE: TX)
announced today that an explosion occurred yesterday during routine
maintenance work at the DRI intake of an electric arc furnace at its
Guerrero facility in Monterrey, Mexico. The cause of the incident is
under investigation. The company regrets to inform that, up to date,
the incident caused four fatalities; in addition, ten injured persons
continue receiving medical treatment as necessary. 
Ternium Mexico is following the contingency plan prepared for these
situations, which includes notification to the appropriate
governmental agencies. At this time Ternium cannot estimate the cost
and required time for completion of the repairs or restart of
steelmaking operations, as investigations and damage-assessment are
in the initial stage. 
The Guerrero facility has an annual thin-slab casting production
capacity of 2.3 million tons per year. Ternium's total annual
finished products production capacity is approximately 10.8 million
tons. The company maintains property damage and business interruption
insurance, with certain deductibles and up to certain limits. Ternium
does not currently expect that these unfortunate events will
materially impact customer shipments. 
Further details will be released as soon as additional information
becomes available. 
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 10.8 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. 
Sebastian Marti
Ternium - Investor Relations
+1 (866) 890 0443
+54 (11) 4018 2389
www.ternium.com 
 
 
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