Entries by Metalwest

Our Sales Reps Discuss the Affects of the Pandemic On Business

With the COVID-19 pandemic still affecting the U.S., doing business has changed drastically. While the steel and manufacturing industries were deemed essential, we have had to learn to adapt to the different climate. Between Metalwest and Norfolk Iron & Metal we have several locations throughout the country. Each location has had a different experience with […]

July 2020 Insight Guide: Market Indicators

The Economy As COVID-19 continues to spread in the U.S., Goldman Sachs revised its GDP expectation for the third quarter. The bank now sees GDP growing 25%, down from the original expectation of 33%. The bank also sees total economic contraction worsening to 4.6% from 4.2%. This is largely due to slower-than-expected recovery in consumer […]

How the Pandemic Affected the Steel Sector: Opinion

In March 2020, President Trump declared a national emergency under the Stafford Act. This freed up $50 billion in federal resources to combat the coronavirus outbreak. On March 26, Senate unanimously passed the $2 trillion stimulus plan. This gave cash and assistance to U.S. citizens, small businesses, airlines, manufacturers, and more. It also gave an […]