SMU Community Chat
Don't miss Community Chat with FGM CEO Jeremy Flack on Weds at 11 am ET!
Written by Michael Cowden
October 1, 2024
Flack Global Metals (FGM) Founder and CEO Jeremy Flack will sit down with SMU for a Community Chat webinar on Wednesday, Oct. 2, at 11 am ET.
The live webinar is free for anyone to attend. A recording will be available only to SMU subscribers. You can register here.
For many in the market, FGM is synonymous with steel futures. But the company has also further expanded its presence in the physical market with the 2023 acquisition of metal wall and roofing company, Fabral, and a minority stake in Windsor America, a garage door manufacturer.
More recently, it is finalizing a majority acquisition in Pacesetter, a steel service center. How are these efforts to pair financial acumen with physical assets panning out?
Also, we’ll talk about the current steel market. HR prices have been hovering between roughly $600-700 since mid/late July. That kind of steadiness is unusual in a market infamous for cyclicality. If we’re in less volatile times, how does that change hedging strategies?
Or could there be an October surprise in store? And would it more likely to be to the upside (on trade actions or the dockworkers’ strike, for example) or to the downside (e.g., poor demand and high inventories)?
We’ll take your questions too. Make sure to bring some good ones to the Q&A!
PS – Check out our Community Chat page if you’d like to see presentations and recordings of past webinars.
About Flack
Jeremy Flack founded FGM in 2010 with the mission to reinvent how metal is bought and sold. Flack Global Metals operates through four interconnected divisions—Flack Metal Supply (FMS), Flack Capital Markets (FCM), Flack Manufacturing Investments (FMI), and Flack Metal Trading (FMT)— that work together to deliver a unified solution for metal supply and financial stability through integrated distribution, risk management, and market intelligence.

Michael Cowden
Read more from Michael CowdenLatest in SMU Community Chat

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply featuring Tom Derry of the Institute for Supply Management (ISM), is now available on our website to all members.

Register for the next SMU Community Chat with ISM CEO Tom Derry!
Institute for Supply Management CEO Tom Derry will join SMU for our next Community Chat on Wednesday, July 23, at 11 a.m. ET (10 a.m. CT). You can register here.

SMU Community Chat: CRU analysts discuss shifting metallics mart tangled by tariffs
With steel prices drifting and trade flows shifting, CRU analysts provided a grounded look at what's really happening — and what's not — across the metallics supply chain during Wednesday's SMU Community Chat.

Register for the next SMU Community Chat with ISM CEO Tom Derry!
Institute for Supply Management CEO Tom Derry will join SMU for our next Community Chat on Wednesday, July 23, at 11 a.m. ET (10 a.m. CT)

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply featuring Thais Terzian and Frank Nikolic of CRU Group, is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need […]