Steel Products
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/7801ca0f38735e93f9f1185f8f33a404.jpg)
Betts Joins Flack Global Metals
Written by David Schollaert
May 5, 2022
Flack Global Metals (FGM) adds Jennifer Betts as Sr. Vice President of Business Development.
Betts will drive FMG’s business and development strategy to expand the company’s physical metals sales growth as well as its broad range of price risk management services offered Flack Metal Bank (FMB).
“Jen brings a wealth of knowledge and experience to the FGM team,” said Jeremy Flack, CEO, and founder of FGM. “She will play an integral role in expanding our educational efforts around hedging and supporting our growth strategy including the launch of Flack Metal Bank.”
Prior to joining FMB, Betts most recently served as VP of Business Development for Argus Media’s Americas metals coverage, driving reporting, pricing, and online tools for the ferrous and non-ferrous markets. Before her tenure at Argus, Betts was Director of Ferrous Marketing for Becker Iron & Metal, as well as AK Steel’s Raw Materials Manager.
She got her start in the metals business as a Brokerage Representative for the Nucor Steel subsidiary The David J. Joseph Company, trading non-ferrous and ferrous scrap metal across the domestic and international markets.
Betts holds an MBA from Xavier University and a Bachelor of Arts in Finance from Indiana University.
FGM is a U.S. flat-rolled metals distributor, commodities trader and hedge fund.
By David Schollaert, David@SteelMarketUpdate.com
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/SMU_DS_headshot.png-150x150.jpg)
David Schollaert
Read more from David SchollaertLatest in Steel Products
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/10/CMC-New-Logo.png)
CMC to open rebar fabrication facility in Ohio
Longs producer and metal recycler CMC plans to open a new rebar fabrication plant in Akron, Ohio.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/steel_trade.png)
US and Mexico take action to curb ‘unfair’ trade
The US and Mexico announced measures on Wednesday to prevent tariff evasion and protect North America’s steel and aluminum industries.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/gears.png)
Final thoughts
First off, we hope everyone had a safe and happy July 4th holiday, with fireworks seen and BBQs attended. Many parts of the country are quite toasty at the moment, signaling that, yes, summer has indeed arrived. And looking at our most recent survey results, the summer doldrums have arrived as well.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/12/Rig_count_pic_3-scaled.jpg)
Active rig counts recover in US, slip in Canada
US drill rig activity moved back up last week after drifting lower for four straight weeks. Meanwhile, Canadian counts slipped for the first time after a seven-week rally, according to the latest data from Baker Hughes.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI: US steel shipments up in May from April, off from 2023
Domestic steel shipments increased in May month over month but have fallen on-year.