S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Aperam S.A. stock logo
APEMY
Aperam
$28.50
$31.37
$26.52
$36.84
$2.22B1.69314 shs1 shs
Commercial Metals stock logo
CMC
Commercial Metals
$55.21
-0.1%
$55.41
$39.85
$59.81
$6.39B1.33998,079 shs599,592 shs
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
$78.02
-1.7%
$69.44
$44.40
$82.16
$3.92B1.56488,227 shs683,433 shs
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
$136.90
+0.6%
$136.21
$90.55
$151.34
$21.62B1.421.17 million shs983,335 shs
Ternium S.A. stock logo
TX
Ternium
$43.20
+0.7%
$40.63
$35.22
$45.58
$8.66B1.69178,525 shs138,423 shs
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Aperam S.A. stock logo
APEMY
Aperam
0.00%-11.46%-3.81%-8.30%-18.85%
Commercial Metals stock logo
CMC
Commercial Metals
-1.06%-2.26%+1.43%+10.80%+14.86%
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
+2.06%+0.62%+15.80%+19.53%+67.61%
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
-2.06%-5.66%-3.41%+20.57%+28.10%
Ternium S.A. stock logo
TX
Ternium
+0.49%-0.65%+5.64%+10.45%+2.70%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Aperam S.A. stock logo
APEMY
Aperam
4.1865 of 5 stars
0.05.03.30.02.60.03.8
Commercial Metals stock logo
CMC
Commercial Metals
3.8019 of 5 stars
1.25.02.51.91.42.52.5
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
3.9438 of 5 stars
1.55.02.50.02.61.73.1
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
3.7191 of 5 stars
1.15.04.21.23.71.71.3
Ternium S.A. stock logo
TX
Ternium
3.2398 of 5 stars
2.53.03.30.03.10.02.5

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Aperam S.A. stock logo
APEMY
Aperam
1.50
ReduceN/AN/A
Commercial Metals stock logo
CMC
Commercial Metals
2.33
Hold$57.674.45% Upside
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
3.00
Buy$81.674.67% Upside
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
2.14
Hold$120.29-12.14% Downside
Ternium S.A. stock logo
TX
Ternium
3.00
Buy$50.8317.67% Upside

Current Analyst Ratings

Latest STLD, TX, CMC, APEMY, and CRS Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/16/2024
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetUnderweight ➝ Underweight$100.00 ➝ $118.00
4/4/2024
Ternium S.A. stock logo
TX
Ternium
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$49.00 ➝ $54.00
3/22/2024
Commercial Metals stock logo
CMC
Commercial Metals
BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetMarket Perform ➝ Market Perform$52.00 ➝ $60.00
3/21/2024
Ternium S.A. stock logo
TX
Ternium
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$48.00 ➝ $51.50
3/18/2024
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetMarket Perform ➝ Market Perform$110.00 ➝ $120.00
3/13/2024
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$130.00 ➝ $160.00
1/24/2024
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetNeutral ➝ Neutral$120.00 ➝ $119.00
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Aperam S.A. stock logo
APEMY
Aperam
$7.13B0.31$5.64 per share5.05$47.85 per share0.60
Commercial Metals stock logo
CMC
Commercial Metals
$8.41B0.76$9.28 per share5.95$36.49 per share1.51
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
$2.72B1.42$3.87 per share20.15$28.76 per share2.71
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
$18.80B1.15$17.90 per share7.65$53.57 per share2.56
Ternium S.A. stock logo
TX
Ternium
$17.61B0.49$12.07 per share3.58$85.64 per share0.50

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Aperam S.A. stock logo
APEMY
Aperam
$219.69M$2.999.535.93N/A3.06%5.81%3.53%N/A
Commercial Metals stock logo
CMC
Commercial Metals
$859.76M$5.769.599.65N/A8.09%17.72%11.09%6/27/2024 (Estimated)
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
$56.40M$2.8927.0017.03N/A5.27%10.21%4.64%5/1/2024 (Confirmed)
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
$2.45B$14.599.3812.61N/A13.04%29.49%17.09%4/23/2024 (Confirmed)
Ternium S.A. stock logo
TX
Ternium
$676.04M$3.4412.566.08N/A3.84%10.84%8.00%4/24/2024 (Confirmed)

Latest STLD, TX, CMC, APEMY, and CRS Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/1/2024N/A
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
$0.95N/A-$0.95N/AN/AN/A  
4/24/2024N/A
Ternium S.A. stock logo
TX
Ternium
$1.67N/A-$1.67N/AN/AN/A  
4/23/2024N/A
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
$3.53$3.51-$0.02N/AN/AN/A  
3/21/2024Q2 2024
Commercial Metals stock logo
CMC
Commercial Metals
$0.93$0.88-$0.05$1.03$1.80 billion$1.85 billion      
2/20/2024Q4 2023
Ternium S.A. stock logo
TX
Ternium
$1.32$2.11+$0.79$2.11$4.94 billion$4.93 billion    
2/9/2024Q4 2023
Aperam S.A. stock logo
APEMY
Aperam
N/A$1.03+$1.03$1.03N/A$1.67 billion
1/25/2024Q2 2024
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
$0.85$0.85N/A$0.85$669.56 million$624.20 million    
1/23/2024Q4 23
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
$2.63$2.61-$0.02$2.61$4.22 billion$4.23 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Aperam S.A. stock logo
APEMY
Aperam
$1.846.46%N/A61.54%N/A
Commercial Metals stock logo
CMC
Commercial Metals
$0.721.30%+10.06%12.50%1 Years
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
$0.801.03%N/A27.68%N/A
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
$1.841.34%+19.35%12.61%12 Years
Ternium S.A. stock logo
TX
Ternium
$2.205.09%N/A63.95%N/A

Latest STLD, TX, CMC, APEMY, and CRS Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/12/2024
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
Quarterly$0.201.03%4/22/20244/23/20246/6/2024
2/20/2024
Ternium S.A. stock logo
TX
Ternium
Semi-Annual$2.206.9%5/2/20245/3/20245/13/2024
2/26/2024
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
quarterly$0.461.45%3/27/20243/31/20244/14/2024
3/20/2024
Commercial Metals stock logo
CMC
Commercial Metals
Quarterly$0.181.29%3/28/20244/1/20244/10/2024
3/16/2024
Aperam S.A. stock logo
APEMY
Aperam
$0.46043/19/20243/20/20243/21/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Aperam S.A. stock logo
APEMY
Aperam
0.17
3.01
0.82
Commercial Metals stock logo
CMC
Commercial Metals
0.27
4.19
2.69
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
0.47
2.90
1.26
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
0.30
2.91
1.67
Ternium S.A. stock logo
TX
Ternium
0.08
3.17
1.86

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Aperam S.A. stock logo
APEMY
Aperam
N/A
Commercial Metals stock logo
CMC
Commercial Metals
86.90%
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
92.03%
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
82.41%
Ternium S.A. stock logo
TX
Ternium
11.98%

Insider Ownership

CompanyInsider Ownership
Aperam S.A. stock logo
APEMY
Aperam
0.18%
Commercial Metals stock logo
CMC
Commercial Metals
1.00%
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
3.40%
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
6.00%
Ternium S.A. stock logo
TX
Ternium
0.04%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Aperam S.A. stock logo
APEMY
Aperam
10,70078.04 million77.90 millionNot Optionable
Commercial Metals stock logo
CMC
Commercial Metals
13,022115.71 million114.55 millionOptionable
Carpenter Technology Co. stock logo
CRS
Carpenter Technology
4,50049.41 million47.73 millionOptionable
Steel Dynamics, Inc. stock logo
STLD
Steel Dynamics
12,600157.95 million148.47 millionOptionable
Ternium S.A. stock logo
TX
Ternium
34,458200.47 million200.39 millionOptionable

STLD, TX, CMC, APEMY, and CRS Headlines

SourceHeadline
Ternium S.A. (NYSE:TX) Shares Sold by Ninety One UK LtdTernium S.A. (NYSE:TX) Shares Sold by Ninety One UK Ltd
marketbeat.com - April 18 at 1:50 PM
Ternium (TX) to Release Earnings on WednesdayTernium (TX) to Release Earnings on Wednesday
americanbankingnews.com - April 17 at 1:14 AM
Analysts Are Bullish on These Materials Stocks: Ternium SA (TX), Rio Tinto Limited (RTNTF)Analysts Are Bullish on These Materials Stocks: Ternium SA (TX), Rio Tinto Limited (RTNTF)
markets.businessinsider.com - April 16 at 4:15 PM
Ternium (NYSE:TX) Sees Strong Trading VolumeTernium (NYSE:TX) Sees Strong Trading Volume
marketbeat.com - April 15 at 2:49 PM
Ternium S.A. (NYSE:TX) Short Interest Up 208.1% in MarchTernium S.A. (NYSE:TX) Short Interest Up 208.1% in March
marketbeat.com - April 11 at 8:12 PM
The Goldman Sachs Group Raises Ternium (NYSE:TX) Price Target to $54.00The Goldman Sachs Group Raises Ternium (NYSE:TX) Price Target to $54.00
marketbeat.com - April 4 at 12:44 PM
KENNETH RAPOZA: Mexico Is Becoming China’s Mini-MeKENNETH RAPOZA: Mexico Is Becoming China’s Mini-Me
shorenewsnetwork.com - March 28 at 6:19 PM
Ternium S.A.: Ternium Files 2023 Form 20-FTernium S.A.: Ternium Files 2023 Form 20-F
finanznachrichten.de - March 27 at 10:16 PM
Ternium Files 2023 Form 20-FTernium Files 2023 Form 20-F
accesswire.com - March 27 at 6:32 PM
Ternium (NYSE:TX) PT Raised to $51.50Ternium (NYSE:TX) PT Raised to $51.50
marketbeat.com - March 21 at 10:56 AM
Terniums (NYSE:TX) Dividend Will Be Increased To $2.20Ternium's (NYSE:TX) Dividend Will Be Increased To $2.20
finance.yahoo.com - March 17 at 3:10 PM
Ternium SA ADR (TX)Ternium SA ADR (TX)
uk.investing.com - March 15 at 8:18 PM
Ternium S.A.: Ternium Announces Annual General Meeting of ShareholdersTernium S.A.: Ternium Announces Annual General Meeting of Shareholders
finanznachrichten.de - March 15 at 8:18 PM
Ternium Announces Annual General Meeting of ShareholdersTernium Announces Annual General Meeting of Shareholders
accesswire.com - March 15 at 5:25 PM
TX Apr 2024 45.000 putTX Apr 2024 45.000 put
finance.yahoo.com - March 15 at 10:17 AM
Union uses leverage to draw line for Nippon Steel in bid for US Steel - BloombergUnion uses leverage to draw line for Nippon Steel in bid for US Steel - Bloomberg
seekingalpha.com - March 13 at 7:01 PM
Ternium: Trading At Less Than 3 Times EBITDATernium: Trading At Less Than 3 Times EBITDA
seekingalpha.com - March 7 at 10:30 AM
Ternium SA DRC (TXR)Ternium SA DRC (TXR)
uk.investing.com - March 6 at 5:25 PM
Ternium (NYSE:TX) Has Announced That It Will Be Increasing Its Dividend To $2.20Ternium (NYSE:TX) Has Announced That It Will Be Increasing Its Dividend To $2.20
finance.yahoo.com - February 24 at 9:46 AM
Ternium reports profits in late 2023Ternium reports profits in late 2023
recyclingtoday.com - February 23 at 1:18 AM
Ternium S.A. (NYSE:TX) Q4 2023 Earnings Call TranscriptTernium S.A. (NYSE:TX) Q4 2023 Earnings Call Transcript
finance.yahoo.com - February 22 at 10:17 AM
Gerdau reports Q4 resultsGerdau reports Q4 results
msn.com - February 21 at 1:12 PM
Steelmaker Ternium posts tenfold profit leap in fourth quarterSteelmaker Ternium posts tenfold profit leap in fourth quarter
finance.yahoo.com - February 21 at 1:12 PM
Ternium proposes $2.20/ADS interim dividendTernium proposes $2.20/ADS interim dividend
msn.com - February 21 at 1:12 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

Aperam logo

Aperam

OTCMKTS:APEMY
Aperam S.A., together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys. It is also involved in the management of direct sales of stainless steel products from production facilities; distribution of its products; and the provision of transformation services that include value added and customized steel solutions. In addition, the company designs, produces, and transforms various specialty alloys and other specific stainless steels in forms, such as bars, semis, cold-rolled strips, wire and wire rods, and plates in a range on grades. Further, it engages in the trading, processing, and recycling of raw materials, such as superalloys and titanium; provides Recyco, an electric arc furnace recycling facility that retrieves dust and sludge to recycle stainless steel raw materials and reduce waste; and produces wood and charcoal from cultivated eucalyptus forests. The company serves customers in aerospace, automotive, catering, construction, household appliances, electrical engineering, industrial processes, medical, and oil and gas industries. It distributes its products through a network of steel service centers, transformation facilities, and sales offices. The company was incorporated in 2010 and is headquartered in Luxembourg, Luxembourg.
Commercial Metals logo

Commercial Metals

NYSE:CMC
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
Carpenter Technology logo

Carpenter Technology

NYSE:CRS
Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
Steel Dynamics logo

Steel Dynamics

NASDAQ:STLD
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, and governmental entities, as well as e-commerce warehouses, data centers, metal buildings, and education and commercial building projects. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.
Ternium logo

Ternium

NYSE:TX
Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.