
Texar (Ternium Argentina): A Risky Dollar Play?
💲 Ternium Argentina's stock performance is strongly correlated with the official USD/ARS exchange rate, making it sensitive to currency fluctuations.
🏭 Changes in export regulations, particularly regarding scrap metal, could affect Ternium's input costs and overall competitiveness within the steel sector.
👎 Similar to Aluar, the speaker views Ternium Argentina primarily as a currency hedge and expresses a lack of enthusiasm for holding it as a core investment.

Texar Performance Hinges On Official FX Rate Movements
💵 Texar's stock price, like Aluar's, is strongly correlated with the official Argentine USD exchange rate.
📉 The competitive landscape and factors affecting input costs (like scrap metal exports) also impact Texar similarly to Aluar.
🛡️ Texar serves primarily as a market hedge against potential devaluation of the official dollar, not favored for fundamental growth.