O’Neal Steel December Market Informer

U.S. Business Activity Contracts For A Fifth-Straight Month The S&P Global flash November composite purchasing managers’ index slid about 2 points to 46.3, the second-lowest level since the immediate aftermath of the pandemic, the group reported November 23. Readings below 50 indicate shrinking activity and the latest print was among the worst in data back… Read More

O’Neal Steel November Market Informer

The Diesel Market is in a Perfect Storm as Prices Surge, Supply Dwindles Ahead of Winter A perfect storm is taking place in the diesel market, with dwindling diesel reserves, a drought on the Mississippi River pushing more product to rail and truck, and a possible rail strike leading to a surge in prices that… Read More

O’Neal Steel July Market Informer

U.S. Factory Activity Index Rises To Record High In June –Markit A measure of U.S. factory activity climbed to a record high in June, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices for both businesses and consumers. Data firm IHS Markit said on June 23 its flash U.S…. Read More