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Steel manufacturing going strong

Steel industry is picking up post-government shutdown.

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. 

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Steel manufacturing going strong