The Knowledge Tree | Page 9 of 12

O’Neal Steel September Market Informer

Posted on September 8, 2021 by O'Neal Steel

Global Aluminum Production Picks Up In July Global aluminum production totaled 5.75 million tons in July, the International Aluminum Institute (IAI) reported in August. The monthly total marked an increase from 5.57 million tons in June. China, the world’s top aluminum producer, produced an estimated 3.34 million tons in July. The July total marked an… Read More

O’Neal Steel August Market Informer

Posted on August 11, 2021 by O'Neal Steel

U.S. Manufacturing Expands Again In July, But Pace Slows Growth in U.S. manufacturing slowed for a second straight month in July amid ongoing supply-chain problems. The Institute for Supply Management, a trade group of purchasing managers, said August 2 that its index of manufacturing activity declined by 1.1 percentage points to a reading of 59.5…. Read More

O’Neal Steel July Market Informer

Posted on July 26, 2021 by O'Neal Steel

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

Posted on June 7, 2021 by O'Neal Steel

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

Posted on May 10, 2021 by O'Neal Steel

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

Posted on April 5, 2021 by O'Neal Steel

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

Posted on March 11, 2021 by O'Neal Steel

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

Posted on February 8, 2021 by O'Neal Steel

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

Posted on January 27, 2021 by O'Neal Steel

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

Posted on January 26, 2021 by O'Neal Steel

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

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