Ternium Benefits From High Demand For Steel In Latin America

For value investors like myself, it is becoming extremely hard to find an investment to which I am willing to commit in this strong market. A lack of opportunity at home has led me overseas and into some sectors that traditionally I would not usually look into. However, there have been some surprising results. Ternium S.A. (NYSE:TX) is a South American steel producer with operations in Argentina, Mexico, the U.S. and other regions. The company has seen a strong sustained demand for its products in recent years as rising steel demand in Latin America has far outweighed low demand for steel from the U.S. Ternium is a specialist in construction steel as well as flat rolled products and more specialist items. Although...