Steel manufacturing going strong

A worker is struck in the face with sparks from molten steel flowing into casts at the TAMCO steel mini mill on October 4, 2002 in Rancho Cucamonga, California.

The government shutdown hurt workers in all sorts of industries, including those in steel manufacturing. Completed contracts were haulted and workers were concerned about their futures.

Fortunately for them, the industry is picking up since the end of the shutdown. Lisa Goldenberg, president of Delaware Steel Company in Pennsylvania and president of the Association of Steel Distributors, says inventory is at an all time low and there have been several price increases.

"The road block has been removed, and it's a little bit of the flood gates rolling," says Goldenberg. "It's good!"

Goldenberg says her company is moving inventory as fast as they can make it and she's hopeful for the future. 

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.


I agree to American Public Media's Terms and Conditions.
With Generous Support From...