Since signs of life within China's industrial base are rekindling the decoupling debate, for Cinco de Mayo this year, I'm heading south of the border to check on the status of steelmakers south of the Rio Grande.
In recent weeks, I've peered into the stone-cold furnaces north of the Alamo through earnings from steelmakers like Nucor
Ternium
These numbers from Ternium were unsightly, but no worse than we've witnessed here in gringo-land from companies like U.S. Steel
Although Brazil's Companhia Siderurgica Nacional
Further Foolishness:
- All eyes on China for coal demand.
- Save one eye for the shippers.
- The Brazilian king of iron ore.