Category Archives: News
Customers call for hedging solutions – Priefert
Recent volatility in the steel market has led more customers to ask for fixed prices,...
Flack Metals’ power shift
Mitigating risk is a key weapon in the arsenal offered by a distributor with carefully...
Flack Global Metals’ futures business jumps
Flack Global Metals has seen a “tremendous” spike in its hedging business so far this...
Flack recognized among Metal Center News Top 50 Service Centers
Flack Global Metals has been recognized on Metal Center News Top 50 Service Center industry...
Jeremy Flack named as Entrepreneur Of The Year® 2017 Award finalist
Cleveland, June 1, 2017 – EY today announced that founder and CEO Jeremy Flack of...
SMU Executive Newsletter – April 4, 2017
Kenwood Painted Metals & Flack Global Metals Merge
Flack Global Metals and Kenwood Painted Metals Announce Merger
Jeremy K. Flack, CEO of Flack Global Metals, and Greg Underwood, President of Kenwood Painted...
Flack Steel is Now Officially Flack Global Metals
Effective immediately, Flack Steel has changed its name to Flack Global Metals. This move reflects...
TO MANAGE RISK, HEDGING DEEMED NECESSARY
Increasing the use of hedging in the steel market is still needed for service centers...
Flack Steel Acquires Non-Physical Assets of CMP
Flack Steel has closed the deal on acquisition of selected assets of Consolidated Systems, Inc.’s...
FLACK STEEL LTD. PURCHASES CSi’S CONSOLIDATED METAL PRODUCTS (CMP) BUSINESS
FLACK STEEL LTD. PURCHASES CSi’S CONSOLIDATED METAL PRODUCTS (CMP) BUSINESSAcquisition adds scale and product diversity...
Flack Steel Ltd. in Cleveland to merge with Arizona’s GlobeNet Metals
11/1/2013 — CHICAGO — Flack Steel Ltd. and GlobeNet Metals LLC will merge to create...
Government shutdown deals random blows locally
10/14/2013 — By: Crain's Staff
Washington’s Budget Standoff Poses Threat to Recovery
Washington's budget standoff is spooking businesses and consumers, threatening the recovery even if
CME Group Announces Multiple Ferrous Metals Volume Records
11/7/2013 — CHICAGO, November 7, 2013 – CME Group, the world's leading and most diverse...
For Businesses, Promising Jobs Report Caps Lackluster Year
12/6/2013 — The final labor report to be released in 2013 had promising aspects but...
Founders
4/11/2013 —Meet Jeremy Flack, founder of Flack Steel, a steel service center in the Warehouse...
Fast-Growing Flack Steel a Maverick Among Peers
4/11/2013 — When Jeremy Flack and his former business partner ran a steel company in...
2013 Global Metals Awards Finalists
3/19/2013
Consolidation key for US distributors: execs
3/14/2013 — CHICAGO — The fragmented steel service center industry must consolidate further to combat...
US expected to remain top scrap exporting country
3/12/2013 — The US is expected to continue being the world's top exporter of steel...
Flack Steel, GlobeNet to merge
11/1/2013 — CHICAGO — Flack Steel Ltd. and GlobeNet Metals LLC will merge to create...
Steel futures inch toward acceptance
11/30/2012 — NEW YORK — Steel derivatives continue to face an uphill battle as concerns...
US scrap futures contract gains momentum
11/13/2012 — PHILADELPHIA - The first U.S. Ferrous scrap futures contract, launched by CME Group...
THE GOOD, THE BAD, THE FELDSTEIN
A more positive tone of macro-economic news this past week as the U.S. Federal Reserve’s...
CME Group Announces First Trades and Clearing of Hot-Rolled Coil Steel Options
9/7/2012 — CHICAGO, September 7, 2012 – CME Group, the world’s leading and most diverse...
Quick Comment: Service Center Lunch Recap
6/19/2012 — Lunch panel of steel service center executives: In advance of AMM’s and World...
Flack Steel expands sales force
11/6/2012 — CHICAGO - Flack Steel Ltd. has named industry veterans Andy Kleinheider and Troy...
Steel Futures’ Future Far From Settled
3/16/2012 — The commonplace use of steel futures contracts is either inevitable or inedible, depending...
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