The Knowledge Tree
The Knowledge Tree

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

O’Neal Steel December Market Informer

November Sustains Growth In Manufacturing Despite Renewed Labor Shortages Manufacturing activity remained on the up in November despite headwinds, according to the Institute for Supply Management. The ISM’s Purchasing Manager’s Index fell 1.8 points to 57.5% in November from October’s PMI of 59.3%. New orders, production, prices, inventories and imports all continued to grow in… Read More

O’Neal Steel October Market Informer

U.S. Core Capital Goods Orders Beat Expectations; Business Investment Rebounding New orders for key U.S.-made capital goods increased more than expected in August and demand for the prior month was stronger than previously estimated, suggesting a rebound in business spending on equipment was underway after a prolonged slump. The upbeat report from the Commerce Department… Read More