Part of the issue with foreign steel is that many of the companies are government owned, fully subsidized operations that can run at full capacity and dump their product around the world at less than cost.
Recently, the US has added tariffs to address the illegal dumping of steel.
The results have been a nice return on US steel producer's stocks over the last couple of months and the consistent dividends aren't bad either.
With so much of manufacturing moving overseas, it will be tough to return to the previous levels of production.
There are still steel companies doing the exact same things, just at a level that matches demand.
Not sure what this has to do with double guns though.