Economy
Reibus Appoints Shipp as VP of Strategic Partnerships
Written by David Schollaert
January 26, 2022
Industry veteran Chris Shipp has joined Reibus, the online metals marketplace, as Vice President of Strategic Partnerships.
Shipp most recently served as Vice President of Supply Chain at Priefert Manufacturing in Mt. Pleasant, Texas.
“As an incredible industry leader, it is fantastic that Chris is coming to Reibus to help us continue to build our strategic partnerships with our customers, not only in the U.S. but around the world,” said John Armstrong, CEO and founder of Reibus.
In his new role, Shipp believes he will be part of the future transformation of the global metals industry. “The value of how important the culture is to the workforce is something Reibus puts at the forefront; bringing world-class talent together and empowering them to run and lead the evolution is what brought me to Reibus,” said Shipp. “It is also exciting to see a company that isn’t afraid to look outside the box and do things differently, putting buyers and sellers together while handling the complexities of logistics and finance.”
Atlanta-based Reibus, founded in 2018, is an independent SaaS-enabled marketplace that helps hundreds of businesses buy and sell industrial material. Its advanced technology and deep industry knowledge improve supply-chain efficiency by reducing lead time, improving inventory, and streamlining finance and freight services.
By David Schollaert, David@SteelMarketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Economy
Beige Book: Tariff pressures mount, flat outlook
All districts reported “experiencing modest to pronounced input cost pressures related to tariffs, especially for raw materials used in manufacturing and construction.”
Steel exports recovered in May but still historically low
US steel exports rose 10% from April to May but remained low compared to recent years. This came just one month after exports fell to the lowest level recorded in nearly five years.
AISI: Raw steel production ticks up near recent high
The volume of raw steel produced by US mills inched higher last week, according to the American Iron and Steel Institute (AISI). After steadily increasing in April and May, domestic mill output stabilized in early June and has remained historically strong since.
Steel groups welcome passage of budget bill
Steel trade groups praised the passage of the Big Beautiful Bill (BBB) in Congress on Thursday.
Industry groups praise Senate for passing tax and budget bill
The Steel Manufacturers Association and the American Iron and Steel Institute applauded the tax provisions included in the Senate's tax and budget reconciliation bill.