The Techint Group announced this day that it decided to make a global move that includes the triangulation of shares between its different subsidiaries.
Ternium Argentina received an offer from Ternium Internacional to sell 28.73% of the shares it owns in Ternium México for US $ 1 billion. In turn, it was speculated that The steel giant led by Paolo Rocca seeks to recover the shares that passed into the hands of Anses in 2009.
As to U.S. Steel, an article published on Nasdaq.com maintains that “the company obtained solid results financials in the first nine months of 2021, and stocks are now attractive even after one-year earnings of about 48%. “
In addition, the company announced that the major industrial and transportation companies in the United States (along with Norfolk Southern Corporation and The Greenbrier Companies) created a new sustainable steel gondola that brings benefits: extended life cycle, higher sustainability, higher energy efficiency and higher load capacity.
The main casualties, among the most traded papers, were Mercado Libre, which fell more than 7%, Globant, which lost 4.7%, and the oil company Vista Oil & Gas, which fell 3.4%. As for the stocks with the largest market capitalization, Coca Cola rose 2%, Apple fell 0.9% and Tesla fell 1.6%.
Source From: Ambito
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