Last week, Brazil's Vale
Let's look at steel manufacturer Ternium S.A.
Fellow Fool contributor Toby Shute correctly pointed out that South Korea's POSCO
While Asian steel companies such as Japan's Nippon Steel and POSCO may have convenient access to a more stable demand environment, particularly from China, companies like Ternium, Gerdau AmeriSteel
As I've stated elsewhere, only time will tell which steel companies feel the pinch and when. Fools might be wise to consider the geography factor when deciding whether to forge an investment in steel.
Fool contributor Christopher Barker captains yachts and writes about stocks. He can also be found acting Foolishly within the CAPS community under the username Sinchiruna. He owns shares of Vale. The Fool has a disclosure policy.