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CEO of Ternium: “The Brazilian economy can only rebound”

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Daniel Novegil, CEO of Ternium – the subsidiary of the Techint group that has just bought Siderúrgica do Atlântico – expressed confidence in the resumption of the Brazilian economy, in an interview with the Argentine newspaper La Nación: “After a cumulative 8% decline in the last two years, we believe that the Brazilian economy can only rebound. We do not see it continue to fall after suffering the biggest contraction in its history, and we are seeing some signs of recovery, which represents a very good news for Argentina. “

Article (La Nación, in Spanish)