Ternium CEO Máximo Vedoya to Address Steel Summit

Latin American steel producer Ternium took COVID-19 assistance a step beyond its own needs in the second quarter. The company built a 112-bed field hospital in Monterrey, Mexico, with a fully equipped intensive care unit as well as supplying 25 intensive care units to two hospitals in Rio de Janeiro and 100 beds and intensive care equipment to a field hospital in Ensenada, Argentina.

“Our aim was to help all of our communities in the region,” said CEO Máximo Vedoya. “To maximize the effectiveness of our help, we worked together with directors of key hospitals in each of Ternium’s locations to determine the specific needs in each case. All in all, with a $5.5 million dedicated fund, we were able to build a field hospital and donated beds, intensive care equipment, ventilators and other medical equipment as well as safety kits for health professionals to 16 hospitals and health care facilities in four countries. Our global procurement platform had a key role in this effort as it was able to purchase the required equipment and have it delivered to each location.”