v3.26.1
Note 14 - Investments in non-consolidated companies (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of unconsolidated structured entities [line items]  
Disclosure of unconsolidated structured entities [text block]

 

Year ended December 31,


 

2025



2024


At the beginning of the year

1,543,657



1,608,804


Translation differences

21,692



(47,840

)

Equity in earnings of non-consolidated companies

58,038



8,548


Dividends and distributions declared

(62,022

)

(71,212

)

(Decrease) / increase in equity reserves and others

(153

)

45,357


At the end of the year

1,561,212



1,543,657


Disclosure of detailed information about principal non-consolidated companies [text block]

 

 

% ownership at December 31,


Book value at December 31,


Company

Country of incorporation

2025


2024


2025



2024


a) Ternium (*)

Luxembourg

11.46%


11.46%


1,375,115



1,377,911


b) Usiminas (**)

Brazil

3.96%


3.96%


108,574



102,812


c) Techgen

Mexico

22.00%


22.00%


73,936



59,782


     Others

 

 


 


3,587



3,152


 

 

 


 


1,561,212



1,543,657



(*) At December 31, 2025 and 2024, the voting rights were 11.70%.
(**) At December 31, 2025 and 2024the voting rights were 6.76%.
Ternium S.A. [member]  
Disclosure of unconsolidated structured entities [line items]  
Disclosure of detailed information about selected financial information [text block]

 

Ternium


 

2025



2024


Non-current assets

13,818,723



12,050,457


Current assets

9,796,368



11,078,090


Total assets

23,615,091



23,128,547


Non-current liabilities

3,533,136



3,157,819


Current liabilities

3,934,209



3,839,159


Total liabilities

7,467,345



6,996,978


Total equity

16,147,746



16,131,569


Non-controlling interests

4,203,446



4,163,383


 

 



 


Revenues

15,609,094



17,649,060


Gross profit

2,353,104



2,888,836


Net income / (loss) for the year attributable to shareholders' equity

425,232



(53,672

)

Other comprehensive income attributable to shareholders' equity

80,913



211,817


Total comprehensive income attributable to shareholders' equity

506,145



158,145


Usiminas [member]  
Disclosure of unconsolidated structured entities [line items]  
Disclosure of detailed information about selected financial information [text block]

 

Usiminas


 

2025



2024


Non-current assets

3,431,865



3,623,996


Current assets

3,053,444



3,234,742


Total assets

6,485,309



6,858,738


Non-current liabilities

1,436,623



1,357,347


Current liabilities

741,224



772,412


Total liabilities

2,177,847



2,129,758


Total equity

4,307,462



4,728,980


Non-controlling interests

524,771



452,481


 

 



 


Revenues

4,696,469



4,800,787


Gross profit

390,533



308,043


Net loss for the year attributable to shareholders' equity

(550,447

)

(27,084

)

Other comprehensive income attributable to shareholders' equity

1,605



31,564


Total comprehensive (loss) / income attributable to shareholders' equity

(548,842

)

4,480