{"product_id":"ternium-business-model-canvas","title":"Ternium Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTernium's Business Model: A Deep Dive\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eCurious about Ternium's powerful business model? Our comprehensive Business Model Canvas breaks down their customer segments, value propositions, and revenue streams, offering a clear view of their success. Download the full version to gain actionable insights for your own strategic planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Alliances for Decarbonization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eTernium actively partners with technology providers like Tenova to pioneer advancements in decarbonization, specifically focusing on developing equipment for carbon capture and implementing hydrogen-based burners. These collaborations are vital for Ternium's ambitious 2030 emissions intensity reduction targets, aiming for a 19% decrease compared to 2018 levels.\u003c\/p\u003e\n\u003cp\u003eFurther strengthening its sustainability efforts, Ternium engages with Tecpetrol for the development of renewable energy projects and carbon capture and storage (CCS) facilities. These strategic alliances underscore Ternium's dedication to achieving its long-term vision of carbon neutrality in steel production.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material and Energy Suppliers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eTernium's key partnerships include those with suppliers of essential raw materials like iron ore and crucial energy sources such as natural gas and electricity. These relationships are vital for ensuring a steady flow of inputs required for its integrated steelmaking operations, directly impacting production consistency and efficiency.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and Equipment Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eTernium's strategic alliances with premier technology and equipment suppliers are fundamental to its ongoing operational enhancement and product innovation. These partnerships are crucial for integrating advanced solutions, ensuring Ternium remains at the forefront of the steel industry by adopting the latest manufacturing advancements.\u003c\/p\u003e\n\u003cp\u003eA prime example of this collaborative approach is Ternium's investment in its Pesquería, Mexico facility, which features a state-of-the-art DRI-EAF steel shop. This advanced setup, powered by cutting-edge technology, significantly boosts production efficiency and product quality.\u003c\/p\u003e\n\u003cp\u003eBy consistently investing in and partnering for the latest technological equipment, Ternium solidifies its competitive edge. For instance, in 2023, Ternium continued its significant capital expenditure program, with a substantial portion allocated to technological upgrades across its facilities, aimed at improving sustainability and operational performance.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProPymes Program Collaborators\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eTernium's ProPymes program actively collaborates with customers and suppliers, aiming to fortify the entire steel value chain. This strategic approach cultivates an industrial network designed to elevate professional standards and drive excellence within small and medium-sized enterprises (SMEs).\u003c\/p\u003e\n\u003cp\u003eThese collaborations are crucial for fostering mutual growth and ensuring the overall stability of the ecosystem. For instance, in 2024, Ternium's ProPymes program supported over 1,000 SMEs across its operational regions, facilitating access to new markets and technical expertise.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eCustomer Engagement:\u003c\/strong\u003e ProPymes partners with customers to enhance product development and service delivery, ensuring alignment with market needs.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSupplier Development:\u003c\/strong\u003e The program works with suppliers to improve quality, efficiency, and sustainability practices.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSME Empowerment:\u003c\/strong\u003e By providing training and resources, ProPymes helps SMEs become more competitive and resilient.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eValue Chain Integration:\u003c\/strong\u003e These partnerships create a more robust and interconnected steel industry, benefiting all participants.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Investments and Joint Ventures\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eTernium's strategic investment in Usiminas, including the full consolidation of its results since July 2023, is a pivotal element of its business model. This move significantly bolsters Ternium's market position in Brazil, a key growth region.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eStrategic Investment:\u003c\/strong\u003e Full consolidation of Usiminas' results since July 2023.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMarket Impact:\u003c\/strong\u003e Strengthens Ternium's presence in the vital Brazilian market.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSynergistic Growth:\u003c\/strong\u003e Enables expansion and operational synergies within the steel industry.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOngoing Developments:\u003c\/strong\u003e Involves navigating legal considerations related to the acquisition.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Alliances Drive Sustainable Growth and Market Expansion\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eTernium's key partnerships extend to technology providers like Tenova for decarbonization advancements, such as carbon capture equipment, and Tecpetrol for renewable energy projects. These collaborations are crucial for Ternium's 2030 emissions intensity reduction targets, aiming for a 19% decrease from 2018 levels.\u003c\/p\u003e\n\u003cp\u003eThe ProPymes program is a vital partnership initiative, fostering growth within the steel value chain by supporting over 1,000 SMEs in 2024. This program enhances product development with customers and improves supplier practices, creating a more resilient industrial network.\u003c\/p\u003e\n\u003cp\u003eTernium's strategic investment in Usiminas, fully consolidated since July 2023, significantly strengthens its position in the Brazilian market, enabling synergistic growth and operational efficiencies. These alliances are fundamental to Ternium's ongoing operational enhancement and product innovation.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003ctd\u003ePartnership Area\u003c\/td\u003e\n\u003ctd\u003eKey Partners\u003c\/td\u003e\n\u003ctd\u003eObjective\u003c\/td\u003e\n\u003ctd\u003eImpact\/Data Point\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDecarbonization Technology\u003c\/td\u003e\n\u003ctd\u003eTenova\u003c\/td\u003e\n\u003ctd\u003eDevelop carbon capture and hydrogen burners\u003c\/td\u003e\n\u003ctd\u003eSupports 2030 emissions reduction targets\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewable Energy \u0026amp; CCS\u003c\/td\u003e\n\u003ctd\u003eTecpetrol\u003c\/td\u003e\n\u003ctd\u003eDevelop renewable energy and CCS facilities\u003c\/td\u003e\n\u003ctd\u003eAims for carbon neutrality in steel production\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eValue Chain Development\u003c\/td\u003e\n\u003ctd\u003eProPymes Program (SMEs)\u003c\/td\u003e\n\u003ctd\u003eEnhance customer product development, supplier practices\u003c\/td\u003e\n\u003ctd\u003eSupported over 1,000 SMEs in 2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarket Expansion\u003c\/td\u003e\n\u003ctd\u003eUsiminas\u003c\/td\u003e\n\u003ctd\u003eStrengthen market position in Brazil\u003c\/td\u003e\n\u003ctd\u003eFull consolidation of results since July 2023\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA detailed breakdown of Ternium's integrated steel production and sales strategy, covering key customer segments, value-added products, and robust distribution channels.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eTernium's Business Model Canvas acts as a pain point reliever by providing a clear, visual representation of their operations, allowing for swift identification of inefficiencies and areas for strategic improvement.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Steel Production\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eTernium's core strength lies in its fully integrated steel production, a process that begins with mining its own iron ore and extends to crafting diverse finished steel goods. This end-to-end control is crucial for managing quality and costs. For instance, in 2023, Ternium's iron ore production reached 7.4 million tons, directly feeding its steelmaking operations.\u003c\/p\u003e\n\u003cp\u003eThis vertical integration allows Ternium to maintain stringent quality standards across its entire product line, from slabs and billets to specialized flat and long steel products. By overseeing every stage, the company can optimize processes for efficiency and adapt quickly to evolving customer needs. In 2023, Ternium's crude steel production amounted to 12.5 million tons, showcasing the scale of its integrated operations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eManufacturing and Processing Steel Products\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eTernium's core activity involves the manufacturing and processing of a wide array of steel products. This diverse portfolio includes essential items like slabs and billets, alongside value-added products such as hot and cold-rolled coils and sheets, tinplate, and galvanized and pre-painted sheets. They also produce steel pipes, beams, and wire rods, demonstrating a comprehensive approach to steelmaking.\u003c\/p\u003e\n\u003cp\u003eThese steel products are specifically engineered to cater to the stringent demands of various critical industries, ensuring high performance and reliability. Ternium's commitment to continuous innovation in product development is a key driver in maintaining its competitive advantage in the global market. For instance, in 2024, Ternium continued to invest in advanced rolling technologies to enhance the quality and properties of its coated steel products, meeting evolving customer needs for durability and aesthetic appeal.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eTernium dedicates significant resources to research and development, aiming to drive innovation and enhance its operational efficiency. This commitment is evident in its advanced product development initiatives and its substantial R\u0026amp;D center located in Latin America.\u003c\/p\u003e\n\u003cp\u003eIn 2023, Ternium’s R\u0026amp;D spending was approximately $264 million, underscoring its focus on technological advancement. These investments are vital for maintaining a competitive edge and adapting to the dynamic demands of the steel industry.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainability and Decarbonization Initiatives\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eTernium actively pursues sustainability by investing in technologies that lower carbon emissions in steel production. A prime example is their commitment to cleaner energy sources, such as commissioning wind farms to power their operations. This strategic move directly supports their decarbonization objectives and bolsters the company's resilience for the future.\u003c\/p\u003e\n\u003cp\u003eThe company is also advancing its production capabilities with new steel shops designed around Direct Reduced Iron-Electric Arc Furnace (DRI-EAF) technology. This modern approach is crucial for reducing the carbon intensity of steelmaking. Ternium's investment in these advanced facilities underscores their dedication to environmental stewardship and operational efficiency.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\u003cstrong\u003eInvesting in low-carbon steelmaking technologies\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eCommissioning wind farms for renewable energy\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eConstructing new DRI-EAF steel shops\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eAligning with global decarbonization goals\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSupply Chain Management and Logistics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eTernium's key activities heavily rely on the efficient management of its extensive supply chain. This encompasses the meticulous procurement of raw materials like iron ore and coal, as well as the strategic distribution of its diverse finished steel products to customers across various industries and geographies.\u003c\/p\u003e\n\u003cp\u003eOptimizing logistics is paramount, ensuring timely deliveries and cost-effectiveness throughout its integrated operations spanning multiple countries. For instance, in 2024, Ternium continued to invest in its logistics infrastructure, aiming to reduce transit times and transportation costs, which are critical for maintaining competitiveness in the global steel market.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eProcurement:\u003c\/strong\u003e Sourcing essential raw materials such as iron ore, coking coal, and alloys from reliable domestic and international suppliers.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLogistics \u0026amp; Distribution:\u003c\/strong\u003e Managing the transportation of raw materials to production facilities and finished goods to customers via rail, truck, and maritime shipping, with a focus on efficiency and cost reduction.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eInventory Management:\u003c\/strong\u003e Maintaining optimal levels of raw materials and finished products to meet demand while minimizing holding costs and potential obsolescence.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSupplier Relationships:\u003c\/strong\u003e Cultivating strong partnerships with key suppliers to ensure consistent quality, reliable supply, and favorable pricing for raw materials.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDriving Steel Excellence: Production, Innovation, and Green Initiatives\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eTernium's key activities revolve around its integrated steelmaking process, from raw material sourcing to finished product delivery. This includes mining iron ore, producing steel, and manufacturing a wide range of steel products for various industries. The company also focuses on innovation, investing in R\u0026amp;D and advanced manufacturing technologies to improve product quality and operational efficiency.\u003c\/p\u003e\n\u003cp\u003eFurthermore, Ternium is committed to sustainability, actively investing in low-carbon steelmaking technologies and renewable energy sources like wind farms. They are also expanding their production capabilities with modern DRI-EAF steel shops to reduce their environmental footprint.\u003c\/p\u003e\n\u003cp\u003eEfficient supply chain management is another critical activity, encompassing raw material procurement, logistics, distribution, and maintaining strong supplier relationships. In 2024, Ternium continued to invest in its logistics infrastructure to enhance efficiency and reduce costs.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eKey Activity\u003c\/th\u003e\n\u003cth\u003eDescription\u003c\/th\u003e\n\u003cth\u003e2023 Data\/2024 Focus\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntegrated Steelmaking\u003c\/td\u003e\n\u003ctd\u003eMining iron ore, producing crude steel, and manufacturing finished steel products.\u003c\/td\u003e\n\u003ctd\u003e7.4 million tons of iron ore produced; 12.5 million tons of crude steel produced in 2023.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProduct Diversification\u003c\/td\u003e\n\u003ctd\u003eManufacturing a broad portfolio of steel products including flat, long, and value-added items.\u003c\/td\u003e\n\u003ctd\u003eFocus on enhancing quality of coated steel products through advanced rolling technologies in 2024.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResearch \u0026amp; Development\u003c\/td\u003e\n\u003ctd\u003eInvesting in innovation for product development and operational efficiency.\u003c\/td\u003e\n\u003ctd\u003eApproximately $264 million spent on R\u0026amp;D in 2023.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSustainability Initiatives\u003c\/td\u003e\n\u003ctd\u003eAdopting low-carbon technologies and renewable energy.\u003c\/td\u003e\n\u003ctd\u003eCommissioning wind farms; investing in new DRI-EAF steel shops.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSupply Chain Management\u003c\/td\u003e\n\u003ctd\u003eProcurement of raw materials, logistics, and distribution of finished goods.\u003c\/td\u003e\n\u003ctd\u003eContinued investment in logistics infrastructure in 2024 to reduce transit times and costs.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe Ternium Business Model Canvas preview you are viewing is the actual document you will receive upon purchase, offering a transparent look at the comprehensive analysis. This means the structure, content, and formatting are identical to the final deliverable, ensuring no surprises. Once your order is complete, you will gain full access to this exact, ready-to-use business model canvas, allowing you to immediately leverage its insights for strategic planning and decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":55611191460217,"sku":"ternium-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/ternium-business-model-canvas.png?v=1754752595","url":"https:\/\/growthsharematrix.com\/products\/ternium-business-model-canvas","provider":"Growth Share Matrix","version":"1.0","type":"link"}