Final Thoughts

Sometimes it’s hard to know who your friends are. What starts offs as a simple disagreement escalates. Things can soon spin out of control. And that’s just for people. When dealing with nation states like the US and Mexico, things get a bit more complex, and the stakes a whole lot higher.

At the beginning of February, Ternium Mexico president César A. Jiménez was touting the benefits of “friend-shoring” at SMU’s Tampa Steel Conference. He said that the USMCA area is perhaps the most stable and balanced in terms of supply/demand in steel production.