XML 60 R42.htm IDEA: XBRL DOCUMENT
v3.23.1

BASIS OF PRESENTATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Disclosure of notes and other explanatory information [Abstract] |
Disclosure of interests in subsidiaries | Detailed below are the companies whose financial statements have been consolidated and accounted for interest in these consolidated financial statements. 2. BASIS OF PRESENTATION (continued) .
Company |  | Country of Organization |  | Main activity |  | Percentage of ownership at December 31,
|  |  |  |  |  | 2022 |  | 2021 |  | 2020
Ternium S.A. |  | Luxembourg |  | Holding |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Investments S.à.r.l. |  | Luxembourg |  | Holding |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Internacional España S.L. (1) |  | Spain |  | Holding and marketing of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Solutions S.A. (1) |  | Uruguay |  | Other services |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Internationaal B.V. (1) |  | Netherlands |  | Marketing of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium USA Inc. (2) |  | USA |  | Manufacturing and selling of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Argentina S.A. (3) |  | Argentina |  | Manufacturing and selling of flat steel products |  | 62.57 | % |  | 62.49 | % |  | 62.46 | %
Prosid Investments S.A. (4) |  | Uruguay |  | Holding |  | 62.58 | % |  | 62.49 | % |  | 62.46 | %
Ternium Mexico S.A. de C.V. (5) |  | Mexico |  | Manufacturing and selling of steel products |  | 89.25 | % |  | 89.22 | % |  | 89.21 | %
Las Encinas S.A. de C.V. (6) |  | Mexico |  | Exploration, exploitation and pelletizing of iron ore |  | 89.25 | % |  | 89.22 | % |  | 89.21 | %
Ferropak Comercial S.A. de C.V. (6) |  | Mexico |  | Scrap services company |  | 89.25 | % |  | 89.22 | % |  | 89.21 | %
Transamerica E. & I. Trading Corp. (6) |  | USA |  | Scrap services company |  | 89.25 | % |  | 89.22 | % |  | 89.21 | %
Galvacer Chile S.A. (6) |  | Chile |  | Distributing company |  | 89.25 | % |  | 89.22 | % |  | 89.21 | %
Ternium Gas México S.A. de C.V. (7) |  | Mexico |  | Energy services company |  | 89.25 | % |  | 89.22 | % |  | 89.21 | %
Consorcio Minero Benito Juarez Peña Colorada S.A.de C.V. (8) |  | Mexico |  | Exploration, exploitation and pelletizing of iron ore |  | 44.62 | % |  | 44.61 | % |  | 44.61 | %
Exiros B.V. (8) |  | Netherlands |  | Procurement and trading services |  | 50.00 | % |  | 50.00 | % |  | 50.00 | %
Servicios Integrales Nova de Monterrey S.A. de C.V. (9) |  | Mexico |  | Medical and Social Services |  | 66.49 | % |  | 66.47 | % |  | 66.47 | %
Ternium Internacional Nicaragua S.A. |  | Nicaragua |  | Manufacturing and selling of steel products |  | 99.38 | % |  | 99.38 | % |  | 99.38 | %
Ternium Internacional Honduras S.A. de C.V. |  | Honduras |  | Manufacturing and selling of steel products |  | 99.18 | % |  | 99.18 | % |  | 99.18 | %
Ternium Internacional El Salvador S.A. de C.V. |  | El Salvador |  | Manufacturing and selling of steel products |  | 99.92 | % |  | 99.92 | % |  | 99.92 | %
Ternium Internacional Costa Rica S.A. |  | Costa Rica |  | Manufacturing and selling of steel products |  | 99.98 | % |  | 99.98 | % |  | 99.98 | %
Ternium Internacional Guatemala S.A. (10) |  | Guatemala |  | Manufacturing and selling of steel products |  | 99.98 | % |  | 99.98 | % |  | 99.98 | %
Ternium Colombia S.A.S. (11) |  | Colombia |  | Manufacturing and selling of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium del Cauca S.A.S. (11) |  | Colombia |  | Manufacturing and selling of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium del Atlántico S.A.S (11) |  | Colombia |  | Manufacturing and selling of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Procurement S.A. (11) |  | Uruguay |  | Marketing of steel products and procurement services |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Technology & Engineering Services S.A. (11) |  | Uruguay |  | Engineering and other services |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Brasil Ltda. (12) |  | Brazil |  | Manufacturing and selling of steel products |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Tenigal S. de R.L. de C.V. (13) |  | Mexico |  | Manufacturing and selling of steel products |  | 51.00 | % |  | 51.00 | % |  | 51.00 | %
Soluciones Integrales de Gestión S.A. (14) |  | Argentina |  | Other services |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Ternium Participaçoes S.A. em liquidaçao (14) |  | Brazil |  | Holding |  | 100.00 | % |  | 100.00 | % |  | 100.00 | %
Vientos de Olavarría S.A. (15) |  | Argentina |  | Renewable energy project |  | 62.57 | % |  | — |  |  | — |
Ternium Siderúrgica de Caldas S.A.S. (16) |  | Colombia |  | Manufacturing and selling of steel products |  | — |  |  | 100.00 | % |  | 100.00 | %
Impeco S.A. (17) |  | Argentina |  | Manufacturing of pipe products |  | — |  |  | 62.49 | % |  | 62.49 | %
Hylsa S.A. de C.V. (18) |  | Mexico |  | Manufacturing and selling of steel products |  | — |  |  | — |  |  | 89.21 | %
2. BASIS OF PRESENTATION (continued)
Company |  | Country of Organization |  | Main activity |  | Percentage of ownership at December 31,
|  |  | 2022 |  | 2021 |  | 2020
Técnica Industrial S.A. de C.V. (18) |  | Mexico |  | Services |  | — |  |  | — |  |  | 89.21 | %
Peña Colorada Servicios S.A. de C.V. (19) |  | Mexico |  | Services |  | — |  |  | — |  |  | 44.61 | %
Ternium Treasury Services S.A. (20) |  | Uruguay |  | Financial Services |  | — |  |  | — |  |  | 100.00 | %
(1) Indirectly through Ternium Investments S.à.r.l. Total voting rights held: 100.00%. (2) Since the second quarter of 2021, indirectly through Ternium Internacional España S.L. Total voting rights held 100.00%. Before that, indirectly through Ternium Investments S.à.r.l. total voting rights were 100.00% in 2020. (3) Indirectly through Ternium Internacional España S.L. Total voting rights held 62.57%. (4) Indirectly through Ternium Argentina S.A. and Ternium Procurement S.A. Total voting rights held 100.00%. (5) Indirectly through Ternium Argentina S.A. and Ternium Internacional España S.L. Total voting rights held 100.00%. (6) Indirectly through Ternium Mexico S.A. de C.V. Total voting rights held: 100.00%. (7) Indirectly through Ternium Mexico S.A. de C.V. and Tenigal S. de R.L. de C.V. Total voting rights held: 100.00%. (8) Total voting rights held: 50.00%. The Company recognizes the assets, liabilities, revenue and expenses in relation to its interest in the joint operation. (9) Indirectly through Ternium Mexico S.A. de C.V. Total voting rights held: 74.50%. (10) Indirectly through Ternium Internacional España S.L. and Ternium Mexico S.A. de C.V. Total voting rights held: 100.00%. (11) Indirectly through Ternium Internacional España S.L. Total voting rights held: 100.00%. (12) Since the second quarter of 2020, indirectly through Ternium Internacional España S.L. Total voting rights held: 100.00%. Before that, indirectly through Ternium Investments S.à r.l.. (13) Indirectly through Ternium Internacional España S.L. Total voting rights held: 51.00%. (14) Indirectly through Ternium Investments S.à r.l. and Ternium Internacional España S.L. Total voting rights held 100.00%. (15) Indirectly through Ternium Argentina S.A. Total voting rights held 100.00%. (16) This company was merged into Ternium Colombia S.A.S as of November 30, 2022. (17) This company was dissolved as of February 16, 2022. (18) This company was merged into Ternium Mexico S.A. de C.V. as of August 9, 2021. (19) This company was merged into Consorcio Minero Benito Juarez Peña Colorada S.A.de C.V. as of July 6, 2021. (20) This company was dissolved as of April 12, 2021.

X
- Definition The disclosure of interests in subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph 2 -Subparagraph b -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_2_b_i&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of notes and other explanatory information [Abstract] + References No definition available. + Details
Name: | tx_DisclosureofnotesandotherexplanatoryinformationAbstract
Namespace Prefix: | tx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration