Flack Global Metals

Flack Global Metals (FGM) was founded to reinvent how metal is bought and sold. FGM is an innovative hybrid organization specializing in domestic flat-rolled metals distribution, supply chain management, and financial services – purpose-built to deliver certainty. On the physical side, FGM designs and fulfills supply chains for OEMs using flat rolled steel, aluminum, and stainless. We bring order to an inherently chaotic marketplace and embed those practices into every aspect of our customer experience. The organization launched Flack Metal Bank (FMB) in 2021 to allow buyers of flat-rolled metal products to take advantage of risk management services, including hedging and securing pricing on the forward curve, regardless of whether they secure physical inventory from FGM or maintain existing supply relationships. This involves converting fixed price arrangements into floating and vice versa to separate metal supply from metal pricing. FMB financial products provide a relatively easy method for entering into hedging compared to other methodologies, as all transactions are backed by FGM's balance sheet, trading group, and sophisticated research arm.