Economy
New Digital Marketplace Goes Live in the U.S.
Written by Tim Triplett
June 12, 2019
XOM Marketplace—the latest online solution for buying and selling materials such as steel, stainless steel, aluminum and plastics—has gone live in the United States. Active in Europe since 2018, XOM Materials, the Berlin-based company behind the new online marketplace, already claims success in Germany and other European markets. Expansion into the U.S. marks a major milestone in the company’s growth.
The traditional process for buying or selling materials is inefficient, wasteful, and lacking in transparency. XOM Marketplace is a digital platform designed to connect buyers and sellers and make transactions highly efficient. By simply logging in, buyers can connect with various suppliers, investigate new sources, and see what established sellers have on offer. Sellers can use the platform to serve existing customers better and quickly add new ones, simplifying their workload and ensuring sales run smoothly, the company said.
XOM Materials currently has a staff of 50 working in its offices in Atlanta and across Europe. Its XOM Marketplace claims to be a straightforward, reliable, independent service promising “a maximum of efficiency with a minimum of fuss.”
“The go-live of XOM Marketplace in the U.S. is a proud moment for me and my team,” says Tim Milde, Chief Operating Officer at XOM Materials. “As we grow, so do our customers—both sellers and buyers. At XOM, we believe that digital is the only way forward. And that’s a journey we’re excited to be a part of.”
Tim Triplett
Read more from Tim TriplettLatest in Economy
ISM: Manufacturing growth remained down in August
US manufacturing activity remained muted in August despite a marginal gain from July's recent low, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Steel Summit: Dr. Basu blames tariffs for riskier path ahead
Steel executives packed the main conference hall of the 2025 SMU Steel Summit on Tuesday, Aug. 26, to hear economist Dr. Anirban Basu lay out his blunt view of tariffs, inflation, and demand.
Steel Summit: Schneider sees SDI ‘on the edge of a very good run’
Steel Dynamics Inc. (SDI) President and Chief Operating Officer, Barry Schneider, remains bullish about the Fort Wayne, Ind.-based steelmaker’s position in the current market.
US housing starts gain momentum in July
US housing starts rose in July both month-on-month and year-on-year, according to figures from the US Census Bureau.
Manufacturing in New York state improves again in August
Business activity in New York state improved modestly in August. It was just the second positive reading for the general business conditions index in six months.