groumoutis
Active Member
- Joined
- May 1, 2009
- Messages
- 1,027
First of all I work in a steel mill. With that said for the last year and a half we were running balls to the wall and all was good. For the last 3 months the need for steel has dropped to as bad as it was in 2009 and 2009 was stupid bad for the steel industry. The scary part of the equation is that it got slow months before the rest of the country knew what was happening in 2009. Now that it is back I am scared big time. Since raw steel is the starting point and nobody is ordering steel that means the customers will slow production as well. Once the companies that were buying the steel run out which they are low on inventory the rest of the country will be feeling the pain too. I get paid per ton that leaves the mill so my wallet is starving. I really hope either our customers place a lot of orders and we get back to running or I can find another job to keep all my toys. If not I may have to sell the GN.