Steel Products Prices North America

O'Neal Names Parnell COO
December 7, 2022
O’Neal Steel has announced the promotion of Jodi Parnell to chief operating officer, effective Jan 1.
Parnell will assume leadership responsibility for both the company’s operations and supply chain groups—creating a single supply chain and operations team, O’Neal said in a statement.
Parnell joined O’Neal Steel in 1999 and has served as vice president of supply chain management for the last 10 years.
“Jodi’s work ethic, profound expertise in the metals distribution business, and her 23 years at O’Neal Steel make her exceptionally qualified for our chief operating officer role,” said O’Neal Steel president and CEO Tate Forrester.
The Birmingham, Ala.-based company also said that Mitchell Harrison, vice president of operations, will move into a consultative, pre-retirement role, effective May 1.
He will assume the newly created role of vice president of operations support, where he will manage various targeted projects and initiatives primarily focused on O’Neal’s growth.
Harrison joined O’Neal Steel in 1977.
Founded in 1921, O’Neal Steel has 18 strategically located distribution centers throughout the country.
By Ethan Bernard, Ethan@steelmarketupdate.com
Latest in Steel Products Prices North America

SMU Price Ranges: HR crawls back to $800/ton
SMU’s HR price stands at $800/st on average, up $5/st from last week. The modest gain came as the low end of our range firmed, and despite the high end of our range declining slightly.

SMU successfully completes IOSCO review
SMU has successfully completed an external review of all our prices. The review has concluded that they algin with principles set by the International Organization of Securities Commissions (IOSCO).

Domestic plate prices could heat up despite so-so demand, market sources say
Some sources also speculated that plate could see further price increases thanks to modest but steady demand, lower imports, mill maintenance outages, and end markets less immediately affected by tariff-related disruptions.

SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.

Nucor carries $875/ton HR list price into week seven
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Oct. 6