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O’Neal Steel February Market Informer

U.S. Consumer Spending Rises Steadily; Inflation Remains Tame U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year. While the report on January 31 from the Commerce Department also showed… Read More

The Impact of E-Commerce in B2B

There is no denying e-commerce has completely revolutionized growth across the globe for businesses. While these platforms were initially targeted toward B2C sales, the acceleration of growth in B2B e-commerce is undeniable. In 2018, business sales through direct websites and other online marketplaces grew to more than $1 trillion—accounting for approximately 7% of all B2B… Read More

O’Neal Steel January Market Informer

U.S., China Expect to Sign Phase One Trade Deal in Mid-January As The Associated Press reported on January 2, President Donald Trump has announced that he will sign the first phase of a U.S.-China trade agreement at the White House in mid-January. Vice Premier Liu He will travel to Washington, D.C. to sign the agreement… Read More

Precision Ground Bar: Back to Basics

Though O’Neal Steel has been selling precision ground bar for several months, we want to do a refresher on some of the technical basics of this great product. Did you know there are some key differences between precision ground bar and our traditional cold finish, alloy, and stainless steel round bar? In fact, there are… Read More

O’Neal Steel Market Informer

Steel Imports Soar By 34.6% In October Steel import permit applications rose to 2.56 million tons in October, according to the U.S. Commerce Department’s most recent Steel Import Monitoring Analysis data. That’s a 29.2% increase from the 1.98 million tons permitted in September and a 34.6% increase from the 1.9 million tons of steel actually imported… Read More

Precision Ground Bar: Five Questions

Last month we showed you the ways precision ground bar can save you money! This month, as we continue highlighting this new product, we are answering five questions you may have when determining if precision ground bar is right for you.   1. How can I apply the bar? If the end will be used… Read More

O’Neal Steel Market Informer

Industry News Senate To Resume Consideration Of Transportation Funding Bill Legislation that would provide funding in fiscal 2020 for federal transportation agencies is among the measures set for consideration in the U.S. Senate on October 28. Floor managers have scheduled consideration of the bill. The Senate’s version would provide $74.3 billion for transportation infrastructure programs,… Read More

Embracing Technology

Recently, I had the pleasure of spending an afternoon with a small startup technology company and was amazed by the energy, passion, and natural curiosity demonstrated by this impressive group of 20-somethings. They were truly curious about our business and how technology could help us improve. The ideas they had seemed to flow freely, and… Read More

Precision Ground Bar: Five Top Costs

Using precision ground bar? Here are five ways you can save by using this product: Downtime The greatest cost for a production facility is downtime.  If a company is unable to deliver a product to a customer for any reason, the costs can quickly add up.  Just think the last time a crane went down. … Read More

Introducing The Knowledge Tree

Introducing The Knowledge Tree, O’Neal Steel’s blog providing valuable, relevant, and actionable information for the metals industry! At O’Neal Steel, we are dedicated to our customers and providing outstanding service. We run our business in a way that is efficient and innovative—meaning we want to provide you, our customers, with content that solves problems, answers… Read More