FORM 6 -
K
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a - 16 or 15d - 16 of
the
Securities Exchange Act of 1934
As
of 17/04/2008
Ternium
S.A.
(Translation
of Registrant's name into English)
Ternium
S.A.
46a,
Avenue John F. Kennedy – 2nd floor
L-1855
Luxembourg
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or 40-F.
Form 20-F
þ Form 40-F o
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12G3-2(b) under the Securities Exchange Act of 1934.
Yes o No þ
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
Not
applicable
The attached material is being furnished
to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K
under the Securities Exchange Act of 1934, as amended.
This
report contains Ternium S.A.’s press release updating market on Sidor
nationalization process.
SIGNATURE
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized.
TERNIUM S.A.
By: /s/ Roberto
Philipps
Name: Roberto
Philipps
Title: Chief Financial
Officer
Dated:
April 17, 2008
 |
 |
Sebastián
Martí
Ternium
- Investor Relations
|
USA
|
+1 (866)
890 0443
|
|
Mexico
|
+52
(81) 8865 2111
|
|
Argentina
|
+54
(11) 4018 2389
|
Ternium Updates Market on Sidor
Nationalization Process
Luxembourg, April 17, 2008 – Ternium
S.A. (NYSE: TX) announced today that, following the confirmation of the
Venezuelan government’s decision to nationalize Sidor, Ternium, Sidor and the
Venezuelan government have entered into an agreement providing for the creation
of a transition committee, composed of representatives of the government, the
union and Sidor’s Class B shareholders. This committee will oversee Sidor’s
operations during the transition period until the nationalization is completed,
acting in coordination with Sidor’s board of directors. The discussions among
representatives of Ternium and the Venezuelan government regarding the terms and
conditions under which all or a significant part of Ternium’s interest in Sidor
should be transferred to the government are expected to begin
today.
Forward Looking
Statements
Some of the statements contained in this
press release are “forward-looking statements”. Forward-looking
statements are based on management’s current views and assumptions and involve
known and unknown risks that could cause actual results, performance or events
to differ materially from those expressed or implied by those
statements. These risks include but are not limited to risks arising
from uncertainties as to gross domestic product, related market demand, global
production capacity, tariffs, cyclicality in the industries that purchase steel
products and other factors beyond Ternium’s control.
About Ternium
Ternium is one of the leading steel
companies in the Americas, offering a wide range of flat and long steel
products. With its main operations in Mexico, Venezuela and Argentina
and 21,000 employees, Ternium had in 2007 annual sales of approximately US$8
billion and annual shipments of approximately 10 million tons of finished steel
products. More information about Ternium is available at
www.ternium.com.