The Knowledge Tree
The Knowledge Tree

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

O’Neal Steel June Market Informer

Manufacturing In May Grows, Still Troubled By Supply Difficulties Optimism is up among surveyed manufacturers after 12 solid months of growth. According to the latest data from the Institute for Supply Management, expansion in manufacturing is still on the rise despite record-long lead times and wide-scale shortages of critical basic materials. The manufacturing sector as… Read More

O’Neal Steel May Market Informer

U.S. Steel Imports Rise Nearly 20% From February To March Preliminary U.S. steel imports reached 2.1 million metric tons in March, the Census Bureau reported earlier this month. U.S. steel imports picked up in March from the 1.7 million metric tons brought in during February. The biggest increases came from sheets and hot dipped galvanized… Read More

O’Neal Steel April Market Informer

Regional U.S. Manufacturing Readings Strong In March The U.S. Department of Commerce announced on March 25 that the nation’s economy expanded at a 4.3% annualized rate in the fourth quarter of 2020 after expanding at a 33.4% rate in the third quarter. The growth rate for the last three months of the year was slightly… Read More

O’Neal Steel March Market Informer

Steel Imports Down 23% In January 2021 Compared To January 2020 Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported on February 25 that the U.S. imported a total of 2,422,000 net tons (NT) of steel in January 2021, including 1,239,000 net tons (NT) of finished steel (down 23.1% and… Read More

O’Neal Steel February Market Informer

ISM Report Points To Manufacturing And Services Sector Growth In 2021 Coming off of 2020, which saw myriad ebbs and flows related to the ongoing COVID-19 pandemic, 2021 is expected to point in the direction of economic improvement, for both the manufacturing and services sectors, according to the new edition of the Institute for Supply… Read More

Chief Financial Officer Named

O’Neal Steel Names Andria Cleghorn as Chief Financial Officer BIRMINGHAM, AL, January 25th, 2021 – O’Neal Steel announced today the appointment of Andria Cleghorn as Chief Financial Officer effective February 1st. “Andria’s extensive background and proven results in corporate finance will accelerate our growth trajectory and help shape the landscape for our future,” said Tate… Read More

Craft O’Neal Business Alabama Milestones

Craft O’Neal, Chairman and Chief Executive Officer of O’Neal Industries Inc., recently sat down with Business Alabama to celebrate O’Neal Steel’s 100th anniversary and discuss the expansion of the company his grandfather started in 1921. Below is a snippet from the article published by Business Alabama.   O’Neal Industries Turns 100 At the Metals Service… Read More

Holman Head Executive Interview

Holman Head, former President and Chief Operating Officer of O’Neal Industries, Inc., recently sat down with Metal Market Magazine to discuss how ONI evolved over the course of his career and how the use of big data has fueled innovation across the metals industry. Below is a snippet from the full interview available in the… Read More

O’Neal Steel January Market Informer

Newly Launched Aluminum Import Monitoring Program Critical To Trade Enforcement On January 4, the Commerce Department’s International Trade Administration launched a new program to track aluminum trade flows. The Aluminum Import Monitoring and Analysis (AIM) system will serve as an early warning mechanism to help spot trends and shifts in trade flows that might warrant… Read More