{"id":3344,"date":"2026-02-01T01:37:00","date_gmt":"2026-02-01T04:37:00","guid":{"rendered":"https:\/\/elinversordebolsillo.com.ar\/?p=3344"},"modified":"2025-11-17T11:15:52","modified_gmt":"2025-11-17T14:15:52","slug":"ternium-acero","status":"publish","type":"post","link":"https:\/\/elinversordebolsillo.com.ar\/en\/ternium-acero\/","title":{"rendered":"The Surprising Story of Ternium and its IPO in 2006"},"content":{"rendered":"<p class=\"has-large-font-size\">Financial anniversaries<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><em>On this day in 2006, Ternium, a leading steel company, began trading on the NYSE. Let&#039;s learn more about its history.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\"><strong>Origins and early years of Siderar<\/strong><\/h2>\n\n\n\n<p>Siderar, acronym for Sider\u00fargica Argentina Sociedad An\u00f3nima, <strong>It was founded in 1958 as a state-owned company <\/strong>with the aim of promoting the steel industry in Argentina. Its creation was part of a context of industrialization and import substitution driven by the government of Juan Domingo Per\u00f3n.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>General Savio Steel Plant:<\/strong><\/h3>\n\n\n\n<p>The cornerstone of Siderar&#039;s history was the construction of the General Savio Steel Plant in Ensenada, Buenos Aires province. This plant, inaugurated in 1969, represented a technological and productive milestone for the country, becoming the first integrated steel mill in Argentina.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img data-dominant-color=\"7c8386\" data-has-transparency=\"false\" style=\"--dominant-color: #7c8386;\" fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"579\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/siderar.webp\" alt=\"Planta de Siderar\" class=\"wp-image-7385 not-transparent\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/siderar.webp 800w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/siderar-300x217.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/siderar-768x556.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Diversification and growth:<\/strong><\/h3>\n\n\n\n<p>Throughout its history, Siderar has undergone a process of diversification and growth, expanding its production to include other steel products such as cold- and hot-rolled sheets, welded pipes, and profiles. The company also ventured into mining, exploiting iron ore deposits in Sierra Grande, R\u00edo Negro.<\/p>\n\n\n\n<p><strong>In the 1990s, Siderar was privatized, passing into the hands of Techint<\/strong>, an Argentine business group with extensive experience in the steel industry. This new phase brought with it new challenges, such as international competition and the need to modernize production facilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The birth of Ternium: A steel giant in Latin America and the world<\/strong><\/h2>\n\n\n\n<p>Ternium is one of the most important steel companies in Latin America and a key player in the global steel industry. Founded in 2005 as part of the Argentine-Italian conglomerate Techint, Ternium has grown rapidly to become a leader in the sector. Its expansion is marked by strategic acquisitions, technological innovation, and a profound impact on the economies of the countries where it operates. This story not only tells the story of a company&#039;s development but also of the role of steel as a driver of industrial modernization in the region.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The beginnings of Ternium: The birth of a giant<\/strong><\/h2>\n\n\n\n<p>The creation of Ternium was a strategic response to the changing landscape of the global steel industry in the 2000s. Techint, the industrial group founded in 1945 by Italian businessman Agostino Rocca, already had a solid track record in sectors such as construction, oil and gas, and the steel industry. Its companies included Siderar, a major Argentine steel company.<\/p>\n\n\n\n<p>In 2005, Techint decided to consolidate its steel operations into a single global entity. Thus, <strong>Ternium<\/strong>, a merger that integrated the capabilities of Siderar (Argentina), Hylsa (Mexico), and Sidor (Venezuela). This move not only strengthened Techint&#039;s position in Latin America but also allowed it to compete more efficiently in international markets.<\/p>\n\n\n\n<p>Since its inception, Ternium has adopted a growth strategy based on vertical integration, which means controlling all stages of the production process, from iron ore extraction to the manufacturing of finished steel products. This has enabled the company to offer customized solutions to its customers, from the construction and automotive sectors, including the energy industry.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" width=\"607\" height=\"388\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/ternium-1.jpeg\" alt=\"Planta de Ternium acero\" class=\"wp-image-3346\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/ternium-1.jpeg 607w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/ternium-1-300x192.jpeg 300w\" sizes=\"(max-width: 607px) 100vw, 607px\" \/><figcaption class=\"wp-element-caption\">Ternium Steel Plant<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key acquisitions and international expansion<\/strong><\/h3>\n\n\n\n<p>Ternium&#039;s strategy to consolidate its position as a steel leader has been marked by strategic acquisitions in key markets. One of the first and most important was the purchase of <strong>Hylsamex<\/strong> in Mexico, an operation that was completed in 2005 and positioned Ternium as one of the largest steel producers in Latin America.<\/p>\n\n\n\n<p>Mexico became a key market for Ternium due to its proximity to the United States, one of the world&#039;s largest steel consumers, and its growing automotive industry. The acquisition of Hylsamex gave Ternium access to advanced direct reduction technology, known as the HYL process, which produces high-quality steel with lower carbon emissions.<\/p>\n\n\n\n<p>Another notable acquisition was that of <strong>CSA Sider\u00fargica do Atl\u00e2ntico<\/strong> in Brazil, completed in 2017. This state-of-the-art plant strengthened Ternium&#039;s presence in the Brazilian market, one of the most competitive in the world. Furthermore, CSA provided Ternium with access to port facilities and a strategic position in the South Atlantic.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Technological innovation and sustainability<\/strong><\/h3>\n\n\n\n<p>Since its inception, Ternium has relied on innovation as a cornerstone of its development. The company has invested in cutting-edge technologies to improve the quality of its products, optimize its production processes, and reduce its environmental impact.<\/p>\n\n\n\n<p>A prominent example is its commitment to sustainable steelmaking. Ternium has implemented direct reduction technologies and electric furnaces, which emit less CO\u2082 compared to traditional blast furnaces. Furthermore, the company has adopted recycling practices at its plants, using steel scrap as raw material for new products.<\/p>\n\n\n\n<p>In terms of innovation, Ternium has also developed customized solutions for the automotive industry, such as high-strength steels that improve vehicle safety and efficiency. Its collaboration with major automakers has strengthened its position in this strategic sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ternium in Argentina: A historic link with the national industry<\/strong><\/h2>\n\n\n\n<p>Argentina holds a special place in Ternium&#039;s history due to its connection to Siderar, the steel plant located in San Nicol\u00e1s de los Arroyos. Founded in 1962, Siderar was a symbol of Argentine industrial development and played a crucial role in infrastructure construction, the automotive industry, and household appliance manufacturing.<\/p>\n\n\n\n<p>With the creation of Ternium, Siderar joined a global network, but maintained its focus on supporting the Argentine economy. The San Nicol\u00e1s plant remains one of the most advanced in the region, with the capacity to produce millions of tons of steel per year.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/preg-mentorias-financieras\/\"><img data-dominant-color=\"89ab93\" data-has-transparency=\"false\" decoding=\"async\" width=\"851\" height=\"315\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/banner3.webp\" alt=\"Banner 1 El Inversor de Bolsillo\" class=\"wp-image-6150 not-transparent\" style=\"--dominant-color: #89ab93; width:851px;height:auto\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/banner3.webp 851w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/banner3-300x111.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/banner3-768x284.webp 768w\" sizes=\"(max-width: 851px) 100vw, 851px\" \/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The political and economic challenges<\/strong><\/h3>\n\n\n\n<p>Throughout its history, Ternium has faced significant challenges in the countries where it operates. One of the most significant episodes was the nationalization of <strong>Sidor<\/strong> in Venezuela in 2008. This plant, which Ternium had acquired as part of its initial expansion, was expropriated by the Venezuelan government under the Hugo Ch\u00e1vez administration. Although the nationalization represented a financial loss for Ternium, it also consolidated its focus on more stable and predictable markets.<\/p>\n\n\n\n<p>Another challenge has been economic volatility in Latin America, including currency crises, inflation, and fluctuations in steel demand. However, Ternium has demonstrated resilience by diversifying its markets and strengthening its presence in regions such as North America and Europe.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The economic and social impact of Ternium<\/strong><\/h3>\n\n\n\n<p>In addition to its contribution to industrial development, Ternium has had a significant impact on the communities where it operates. The company employs tens of thousands of people and has invested in education, healthcare, and community development programs.<\/p>\n\n\n\n<p>For example, the program <strong>ProPymes<\/strong>, created by Techint, has helped hundreds of small and medium-sized businesses improve their competitiveness and access international markets. This collaborative approach has strengthened local supply chains and promoted economic development in the region.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Ternium today: A global leader in steel<\/strong><\/h3>\n\n\n\n<p>Today, Ternium is one of the leading steel producers in the Americas and around the world, with operations in countries such as Mexico, Argentina, Brazil, Colombia, Guatemala, and the United States. Its production capacity exceeds 12 million tons per year, and its product portfolio includes steel sheets, long steels, and specialty steels.<\/p>\n\n\n\n<p>The company is part of <strong>Tenaris<\/strong>, Techint&#039;s industrial conglomerate, which allows it to benefit from synergies with other companies in the group, such as Tenaris (steel pipes) and Techint Engineering and Construction.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/libros-de-finanzas\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"479\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image.webp\" alt=\"Libros de Finanzas El Inversor de Bolsillo 1, 2 y 3\" class=\"wp-image-5036\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image.webp 1024w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-300x140.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-768x359.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The future of Ternium: Innovation and sustainability<\/strong><\/h3>\n\n\n\n<p>Looking to the future, Ternium faces the challenge of adapting to a world increasingly concerned with sustainability and decarbonization. The transition to cleaner technologies will be critical to maintaining its competitiveness and meeting global emissions reduction targets.<\/p>\n\n\n\n<p>Furthermore, Ternium will continue to leverage its focus on innovation to develop new products and meet the changing demands of industries, from the automotive sector to infrastructure construction.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A legacy of steel<\/strong><\/h3>\n\n\n\n<p>Ternium&#039;s history is one of growth, innovation, and resilience. From its roots in the Techint group to its consolidation as a global steel leader, Ternium has been a driving force of development for Latin America and an example of how companies can adapt to a constantly changing environment. Its legacy lives on in the buildings, vehicles, and infrastructure that connect people and transform societies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">At El Inversor de Bolsillo we can help you invest in quality companies.<\/h2>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">In the <strong><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mentoria-financiera\/\" data-type=\"post\" data-id=\"2813\">Financial Mentoring<\/a> With El Inversor de Bolsillo\u00ae you can learn while you invest, and we&#039;ll guide you according to your needs.<\/strong> Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to <strong>your investment is a success<\/strong>, so much <strong>investing in Argentina as in any other part of the world.<\/strong><br>There are different monthly plans of <strong>according to your circumstances and your budget<\/strong>Our plans are very affordable. The most important thing is that whichever plan you choose, <strong>you'll never be alone<\/strong>We will accompany you in your learning so that you can <strong>invest successfully.<\/strong><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">Getting the best financing for your business isn&#039;t easy. And you&#039;re also focused on improving your business, so financial matters can be difficult. Don&#039;t worry, we&#039;re here to help.<br><strong>With the <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/financiamiento-empresas\/\" data-type=\"post\" data-id=\"2822\">Financial Optimization Program<\/a> From El Inversor de Bolsillo\u00ae, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. <\/strong>We help you manage the registration in a Reciprocal Guarantee Society and <strong>get the best rates on the market<\/strong>. After the three free months have passed, a set number of monthly hours of financial consulting is provided.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">If you want to learn more about how to invest risk-free, visit our website. <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/\">www.elinversordebolsillo.com.ar<\/a> either <a href=\"https:\/\/www.youtube.com\/@elinversordebolsillo\" target=\"_blank\" rel=\"noopener\">our YouTube channel<\/a>.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/U-bWg9Le3ww\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen loading=\"lazy\"><\/iframe>\n\n\n\n<h3 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">See more notes from our blog:<\/h3>\n\n\n\n<div class=\"wp-block-query wp-embed-aspect-16-9 wp-has-aspect-ratio is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"wp-block-post-template is-layout-flow wp-block-post-template-is-layout-flow\"><li class=\"wp-block-post post-4743 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-efemerides category-marzo category-miscelaneo tag-compania-de-los-mares-del-sur tag-finanzas tag-newton\">\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"735\" height=\"470\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Sir Isaac Newton: El Brillante Ci\u00e9ntifico, Te\u00f3logo e Inversor\" style=\"--dominant-color: #656565;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp 735w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21-300x192.webp 300w\" sizes=\"(max-width: 735px) 100vw, 735px\" data-has-transparency=\"false\" data-dominant-color=\"656565\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><h2 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\">Sir Isaac Newton: The Brilliant Scientist, Theologian, and Investor<\/a><\/h2>\n\n<div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">On March 31, 1727, Sir Isaac Newton, one of the most important scientists in history, died. However, his legacy extended beyond science, but also to investment and even religion. <\/p><\/div><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5200 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-consejos-financieros category-efemerides category-marzo category-mercado-internacional tag-aerolineas tag-burbuja-puntocom tag-finanzas tag-mercado-de-valores tag-mercado-internacional\">\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/priceline\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-png.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"La Incre\u00edble IPO de Priceline.com y las 5 Lecciones que deja para los Inversores\" style=\"--dominant-color: #fcfefe;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-png.webp 900w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-300x200.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-768x512.webp 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" data-has-transparency=\"false\" data-dominant-color=\"fcfefe\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><h2 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/priceline\/\" target=\"_self\">Priceline.com&#039;s Incredible IPO and the 5 Lessons It Leaves for Investors<\/a><\/h2>\n\n<div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">On March 30, 1999, Priceline.com&#039;s initial public offering (IPO) took place. Trading began at $16 and closed at $69, tripling the profits of its initial investors. At the time, the company was trading at a higher price than United Airlines, Continental Airlines, and Northwest Airlines combined, a clear\u2026 <\/p><\/div><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5205 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-efemerides category-marzo category-mercado-internacional tag-doctor-catastrofe tag-doctor-doom tag-economia tag-mercado-internacional tag-nouriel-roubini\">\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/doctor-catastrofe\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-png.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Qui\u00e9n es el Doctor Cat\u00e1strofe y su Sorprendente Profec\u00eda\" style=\"--dominant-color: #59596c;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-png.webp 900w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-300x200.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-768x512.webp 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" data-has-transparency=\"false\" data-dominant-color=\"59596c\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><h2 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/doctor-catastrofe\/\" target=\"_self\">Who is Doctor Catastrophe and his surprising prophecy?<\/a><\/h2>\n\n<div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">Nouriel Roubini, an American economist known for his apocalyptic predictions and nicknamed &quot;Doom,&quot; was born on March 29, 1959. Discover his story and how what he predicted came to pass in a shocking way. <\/p><\/div><\/div>\n<\/div>\n\n<\/li><\/ul><\/div>\n\n\n\n<div class=\"wp-block-query wp-embed-aspect-16-9 wp-has-aspect-ratio is-layout-flow wp-block-query-is-layout-flow\"><form role=\"search\" method=\"get\" action=\"https:\/\/elinversordebolsillo.com.ar\/en\/\" class=\"wp-block-search__button-outside wp-block-search__text-button wp-block-search\" data-trp-original-action=\"https:\/\/elinversordebolsillo.com.ar\/en\/\"    ><label class=\"wp-block-search__label\" for=\"wp-block-search__input-1\" ><strong>Search all blog posts:<\/strong><\/label><div class=\"wp-block-search__inside-wrapper\" ><input class=\"wp-block-search__input\" id=\"wp-block-search__input-1\" placeholder=\"\" value=\"\" type=\"search\" name=\"s\" required \/><button aria-label=\"Look for\" class=\"wp-block-search__button wp-element-button\" type=\"submit\" >Look for<\/button><\/div><input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Blog Keyword Cloud:<\/h3>\n<\/div>\n\n\n<p class=\"wp-block-tag-cloud\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/aeronautica\/\" class=\"tag-cloud-link tag-link-60 tag-link-position-1\" style=\"font-size: 8pt;\" aria-label=\"Aeronautics (4 items)\">Aeronautics<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ahorro\/\" class=\"tag-cloud-link tag-link-328 tag-link-position-2\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"savings (7 items)\">saving<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/apple\/\" class=\"tag-cloud-link tag-link-173 tag-link-position-3\" style=\"font-size: 10.095808383234pt;\" aria-label=\"Apple (8 items)\">Apple<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/asesor-financiero\/\" class=\"tag-cloud-link tag-link-159 tag-link-position-4\" style=\"font-size: 11.437125748503pt;\" aria-label=\"Financial Advisor (12 items)\">Financial Advisor<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bancos\/\" class=\"tag-cloud-link tag-link-193 tag-link-position-5\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"banks (7 items)\">banks<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/berkshire-hathaway\/\" class=\"tag-cloud-link tag-link-71 tag-link-position-6\" style=\"font-size: 8pt;\" aria-label=\"Berkshire Hathaway (4 items)\">Berkshire Hathaway<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bolsa-de-valores\/\" class=\"tag-cloud-link tag-link-39 tag-link-position-7\" style=\"font-size: 19.40119760479pt;\" aria-label=\"Bolsa de valores (114 items)\">Stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bonos\/\" class=\"tag-cloud-link tag-link-322 tag-link-position-8\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"bonds (6 items)\">bonds<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja\/\" class=\"tag-cloud-link tag-link-289 tag-link-position-9\" style=\"font-size: 10.095808383234pt;\" aria-label=\"bubble (8 items)\">bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja-puntocom\/\" class=\"tag-cloud-link tag-link-239 tag-link-position-10\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Dotcom bubble (11 items)\">Dot-com bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/byma\/\" class=\"tag-cloud-link tag-link-83 tag-link-position-11\" style=\"font-size: 10.51497005988pt;\" aria-label=\"byma (9 items)\">byma<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/commodities\/\" class=\"tag-cloud-link tag-link-373 tag-link-position-12\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"commodities (5 items)\">commodities<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/compania-de-los-mares-del-sur\/\" class=\"tag-cloud-link tag-link-349 tag-link-position-13\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"South Sea Company (5 items)\">South Sea Company<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/consejos-financieros\/\" class=\"tag-cloud-link tag-link-164 tag-link-position-14\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Financial advice (5 items)\">Financial advice<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/criptomonedas\/\" class=\"tag-cloud-link tag-link-237 tag-link-position-15\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Cryptocurrencies (6 items)\">Cryptocurrencies<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis\/\" class=\"tag-cloud-link tag-link-88 tag-link-position-16\" style=\"font-size: 12.023952095808pt;\" aria-label=\"crisis (14 items)\">crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis-subprime\/\" class=\"tag-cloud-link tag-link-101 tag-link-position-17\" style=\"font-size: 10.095808383234pt;\" aria-label=\"subprime crisis (8 items)\">subprime crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/curso-de-finanzas-gratuito\/\" class=\"tag-cloud-link tag-link-594 tag-link-position-18\" style=\"font-size: 13.02994011976pt;\" aria-label=\"curso de finanzas gratuito (19 items)\">free finance course<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/economia\/\" class=\"tag-cloud-link tag-link-397 tag-link-position-19\" style=\"font-size: 11.185628742515pt;\" aria-label=\"economics (11 items)\">economy<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/empezar-a-invertir\/\" class=\"tag-cloud-link tag-link-38 tag-link-position-20\" style=\"font-size: 15.964071856287pt;\" aria-label=\"Empezar a invertir (44 items)\">Start investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/esquema-piramidal\/\" class=\"tag-cloud-link tag-link-255 tag-link-position-21\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"pyramid scheme (7 items)\">pyramid scheme<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/estados-unidos\/\" class=\"tag-cloud-link tag-link-172 tag-link-position-22\" style=\"font-size: 10.095808383234pt;\" aria-label=\"United States (8 items)\">USA<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/facebook\/\" class=\"tag-cloud-link tag-link-177 tag-link-position-23\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Facebook (5 items)\">Facebook<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas\/\" class=\"tag-cloud-link tag-link-31 tag-link-position-24\" style=\"font-size: 18.562874251497pt;\" aria-label=\"finanzas (90 items)\">finance<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas-personales\/\" class=\"tag-cloud-link tag-link-32 tag-link-position-25\" style=\"font-size: 16.88622754491pt;\" aria-label=\"Finanzas personales (56 items)\">Personal finances<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ibm\/\" class=\"tag-cloud-link tag-link-380 tag-link-position-26\" style=\"font-size: 8pt;\" aria-label=\"IBM (4 items)\">IBM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inflacion\/\" class=\"tag-cloud-link tag-link-228 tag-link-position-27\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"inflation (5 items)\">inflation<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inglaterra\/\" class=\"tag-cloud-link tag-link-293 tag-link-position-28\" style=\"font-size: 8pt;\" aria-label=\"England (4 items)\">England<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-finanzas\/\" class=\"tag-cloud-link tag-link-166 tag-link-position-29\" style=\"font-size: 8pt;\" aria-label=\"finance books (4 items)\">finance books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-inversion\/\" class=\"tag-cloud-link tag-link-284 tag-link-position-30\" style=\"font-size: 8pt;\" aria-label=\"investment books (4 items)\">investment books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ltcm\/\" class=\"tag-cloud-link tag-link-127 tag-link-position-31\" style=\"font-size: 8pt;\" aria-label=\"LTCM (4 items)\">LTCM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mentoria-financiera\/\" class=\"tag-cloud-link tag-link-61 tag-link-position-32\" style=\"font-size: 13.02994011976pt;\" aria-label=\"financial mentoring (19 items)\">financial mentoring<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-argentino\/\" class=\"tag-cloud-link tag-link-126 tag-link-position-33\" style=\"font-size: 15.880239520958pt;\" aria-label=\"mercado argentino (43 items)\">Argentine market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-de-valores\/\" class=\"tag-cloud-link tag-link-35 tag-link-position-34\" style=\"font-size: 19.820359281437pt;\" aria-label=\"mercado de valores (128 items)\">stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-internacional\/\" class=\"tag-cloud-link tag-link-70 tag-link-position-35\" style=\"font-size: 22pt;\" aria-label=\"mercado internacional (234 items)\">international market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/meta\/\" class=\"tag-cloud-link tag-link-178 tag-link-position-36\" style=\"font-size: 8pt;\" aria-label=\"Meta (4 items)\">Meta<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/microsoft\/\" class=\"tag-cloud-link tag-link-231 tag-link-position-37\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"Microsoft (7 items)\">Microsoft<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/nasdaq\/\" class=\"tag-cloud-link tag-link-104 tag-link-position-38\" style=\"font-size: 8pt;\" aria-label=\"Nasdaq (4 items)\">Nasdaq<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/petroleo\/\" class=\"tag-cloud-link tag-link-383 tag-link-position-39\" style=\"font-size: 10.51497005988pt;\" aria-label=\"Oil (9 items)\">Oil<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/rusia\/\" class=\"tag-cloud-link tag-link-41 tag-link-position-40\" style=\"font-size: 8pt;\" aria-label=\"Russia (4 items)\">Russia<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/steve-jobs\/\" class=\"tag-cloud-link tag-link-175 tag-link-position-41\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Steve Jobs (6 items)\">Steve Jobs<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/tecnologia\/\" class=\"tag-cloud-link tag-link-391 tag-link-position-42\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Technology (11 items)\">Technology<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/value-investing\/\" class=\"tag-cloud-link tag-link-95 tag-link-position-43\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"value investing (5 items)\">value investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/wall-street\/\" class=\"tag-cloud-link tag-link-234 tag-link-position-44\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Wall Street (5 items)\">Wall Street<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/warren-buffett\/\" class=\"tag-cloud-link tag-link-69 tag-link-position-45\" style=\"font-size: 13.532934131737pt;\" aria-label=\"warren buffett (22 items)\">Warren Buffett<\/a><\/p>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Explore categories<\/h3>\n\n\n<ul class=\"wp-block-categories-list wp-block-categories\">\t<li class=\"cat-item cat-item-50\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/abril\/\">April<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-54\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/agosto\/\">August<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-77\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/\">Blog<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-78\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/consejos-financieros\/\">Financial advice<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-418\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/curso-de-finanzas\/\">Finance Course<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-58\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/diciembre\/\">December<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-46\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/\">Anniversaries<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-47\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/enero\/\">January<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-48\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/febrero\/\">February<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-30\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/finanzas-personales\/\">Personal Finance<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-53\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/julio\/\">July<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-52\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/junio\/\">June<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-49\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/marzo\/\">March<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-51\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/mayo\/\">May<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-29\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mercado-argentino\/\">Argentine Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-28\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mercado-internacional\/\">International Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-167\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/miscelaneo\/\">Miscellaneous<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-256\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/noticias\/\">News<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-57\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/noviembre\/\">November<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-27\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/\">Our services<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-56\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/octubre\/\">October<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-55\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/septiembre\/\">September<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-1\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/sin-categoria\/\">Uncategorized<\/a>\n<\/li>\n<\/ul>\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>On this day in 2006, Ternium, a leading steel company, began trading on the NYSE. Let&#039;s learn more about its history.<\/p>","protected":false},"author":2,"featured_media":7383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[46,77,48,29,28],"tags":[97,98,96],"class_list":["post-3344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-efemerides","category-blog","category-febrero","category-mercado-argentino","category-mercado-internacional","tag-acero","tag-siderar","tag-ternium"],"_links":{"self":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/comments?post=3344"}],"version-history":[{"count":8,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3344\/revisions"}],"predecessor-version":[{"id":9588,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3344\/revisions\/9588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media\/7383"}],"wp:attachment":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media?parent=3344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/categories?post=3344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/tags?post=3344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}