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XOM Marketplace has launched to serve the metals supply chain. The new digital platform is designed for buyers and sellers of steel, stainless and aluminum. It also handles plastics.
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Majestic Steel, Cleveland, has launched Unravel, a flat-rolled steel calculator app designed to verify steel coil and sheet specs. The calculator allows you to calculate the weight of a steel coil without a scale, convert gauges to decimals and find the number of sheets in a bundle.
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Randy Haas will retire from the North American Steel Alliance at the end of the year. He has served as director of marketing and program development for the steel buying cooperative for the past 15 years.
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Steel Market Update, in conjunction with Steel Manufacturers Association, will celebrate young emerging leaders in the steel and manufacturing industries by honoring a deserving individual with the inaugural SMU NexGen Leadership Award. SMU is currently accepting nominations for the recognition, which will be awarded during SMU’s 2019 Steel Summit Conference, set for Aug. 26-28 in Atlanta.
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President and CEO Heidi Brock is resigning and will leave the Aluminum Association later this year to become president and CEO of the American Forest and Paper Association. The Aluminum Association board of directors has begun a search for her successor.
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Economic activity in the manufacturing sector expanded in May, and the overall economy grew for the 121st consecutive month, reports the Institute for Supply Management in its latest Manufacturing Report On Business. The PMI was at 52.1 percent, a decline of 0.7 percentage points from the April figure and the lowest reading since October 2016.
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Liberty Steel, part of the GFG Alliance, expanded its footprint in the U.S. steel downstream products market today with the acquisition of Johnstown Wire Technologies in Johnstown, Pa. JWT is a producer of value-added carbon and alloy wire in North America.
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![Red Metal Shipments Up in March]()
Shipments of copper products increased slightly in April compared with the previous month, reports the Copper and Brass Servicenter Association, Overland Park, Kan.
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Sandmeyer Steel Company, Philadelphia, has added several titanium products to its inventory. The company is now stocking Titanium Grade 2/2H plate and value-added plate products, plus welded pipe, tubing and structural shapes.
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Reibus International, Atlanta, has acquired the assets of Blue Steel LLC, which operates Metalmixx. Like Reibus, Metalmixx is an online platform to facilitate the purchase and sale of excess carbon steel.
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