FORM 6 -
K
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a - 16 or 15d - 16 of
the
Securities Exchange Act of 1934
As
of 9/8/2008
Ternium
S.A.
(Translation
of Registrant's name into English)
Ternium
S.A.
46a,
Avenue John F. Kennedy – 2nd floor
L-1855
Luxembourg
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or 40-F.
Form 20-F
þ Form 40-F o
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12G3-2(b) under the Securities Exchange Act of 1934.
Yes o No þ
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
Not
applicable
The attached material is being furnished
to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K
under the Securities Exchange Act of 1934, as amended.
This
report contains Ternium S.A.’s press release announcing it plans to invest
US$4.2 billion in new flat steel plant in Mexico.
SIGNATURE
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized.
TERNIUM S.A.
By: /s/ Raúl
Darderes
Name: Raúl Darderes
Title: Secretary to the Board of
Directors
Dated:
September 8, 2008
 |
 |
Sebastián
Martí
Ternium
- Investor Relations
USA +1 (866)
890 0443
Mexico +52
(81) 8865 2111
Argentina +54
(11) 4018 2389
www.ternium.com
Ternium
Plans to Invest US$4.2 Billion in New Flat Steel Plant in Mexico
Luxembourg, September 8, 2008 – Ternium
S.A. (NYSE: TX) today announced that it plans to invest a total of US$4.2
billion over the next five years to build a flat steel plant in Mexico aimed at
expanding its production capacity.
The project’s initial phase involves the
design and construction of a state-of-the-art flat-rolled mini mill in the
Monterrey area, with a direct reduction unit, two
electric arc furnaces, two ladle furnaces, a thin-slab-caster and a hot-strip
mill, intended to produce two million tons per year of hot rolled coils. Ternium
expects that this new facility will require a total investment of approximately
US$2.7 billion and will be in full production within the next four
years.
The second phase of the project involves
the construction of a cold rolled and galvanizing plant, including a pickling
line and a cold rolled tandem mill with annual capacity of one million tons of
cold rolled coils and a hot-dipped galvanizing line with annual capacity of
300,000 tons, to serve the industrial and commercial markets. Ternium
expects that this second phase, to be completed by 2013, will require an
additional investment of approximately US$1.5 billion.
Ternium believes that demand for
value-added flat steel products in Mexico will grow steadily in the medium term,
driven by new construction and industrial development. With the
additional capacity in Mexico, Ternium expects to support the
anticipated demand growth in the region.
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 one of the leading steel
companies in Latin
America, manufacturing and
processing a wide range of flat and long steel products for customers active in
the construction, home appliances, capital goods, container, food and automotive
industries. With its principal operations in Mexico and Argentina, Ternium serves markets in the
Americas through its integrated manufacturing
system and extensive distribution network. The Company has annual
sales of approximately US$10 billion and ships approximately 8 million tons of
steel products each year. More information about Ternium is
available at www.ternium.com.