I always take news like that with a grain of salt.
Sometimes I'll go to one of the "big box" hardware stores to get some plumbing supplies or a shovel that will last more than two seasons, and am told by the staff that I can't get the quality hardware or metal parts anymore - no one makes them. Most of the the time the sales people honestly believe it So then I go to our local independent hardware store and find what I want.

I rarely believe anything I hear.