Final Thoughts
October 21, 2020
Final Thoughts
Written by John Packard
COVID-19 cases appear to be surging again, and we asked steel buyers to advise if they were seeing any changes to their business due to the new cases. Most reported no impact from the virus, but there were concerns about what government might do if cases continue to rise. No one wants another shutdown of the economy.
Here is what one service center had to say on whether COVID would undermine the progress their company has made, “Only if regions are forced to make draconian shut-down moves. This seems unlikely as they can still make moves to lock down areas like bars, restaurants, and similar, vs. industrial type businesses. Unless industrial businesses experience an unmanageable level of infections, it seems much less likely that widespread shutdowns will reoccur.”
