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: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.
HRC vs. busheling spread narrows in August
The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.
SMU Price Ranges: Market drifts lower still
All five of SMU's steel sheet and plate price indices declined this week, falling to lows last seen in February.
Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.
Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.