Flack Global Metals

What Flack Global Metals does

Flack Global Metals (FGM), legally Flack Steel LLC, is a privately held U.S. metals distribution and risk management platform founded in 2010 by Jeremy Flack and headquartered in Scottsdale, Arizona, with operating service centers in Atlanta, Chicago, and Houston. The company distributes flat-rolled steel (hot rolled, cold rolled, galvanized, galvalume, galvannealed, aluminized, stainless, and pre-painted) and aluminum products (1000-8000 series alloys) to OEM manufacturers across construction products, industrial, appliance, HVAC, transportation, and agricultural end markets, delivering via three owned service centers totaling 350,000 square feet, a national network of 240+ toll processing partners, and 10+ stocking locations spanning 37 states.

FGM's core technology is the integration of a physical distribution platform with Flack Capital Markets (FCM), a proprietary ferrous capital markets desk that delivers risk management products including Directed Buy Structured Transactions (DBST), inventory financing, trade financing, direct trading, and market making. FCM is the only metals distributor to be a member of the Chicago Mercantile Exchange, with 22% active involvement in all HRC futures trades and 1.3M+ HRC trade volume in 2024. The company ranked #28 on the 2025 Metal Center News Top 50 Service Centers list and shipped 21,000+ bare steel tons in 2025.

FGM makes money through three revenue streams: physical distribution of steel and aluminum (transaction-based with contract, spot, and roll-and-hold programs), steel processing services (slitting, blanking, cut-to-length, perforating, pre-painting, embossing) delivered through owned service centers and toll partners, and Flack Capital Markets financial services (fee-based, structured as grade extras). The GTM motion is enterprise field sales to OEMs and industrial buyers, with all pricing quote-based and not publicly disclosed. FGM has pursued growth through acquisition, including Fabral Metal and Wall Roof Systems from OmniMax International (February 2023) and a majority stake in Pacesetter Steel Service (October 2024), the latter integrated under the FGM brand by June 2026 with a third Pacesetter service center in Houston added in November 2025. The company remains entirely owned by founder and CEO Jeremy Flack with no institutional outside investment.

Name

Flack Global Metals

Legal name

Flack Steel LLC

Website

https://flackglobalmetals.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Flack Global Metals is a privately held U.S. distributor of flat-rolled steel and aluminum, combining three owned service centers and 240+ toll processing partners with Flack Capital Markets, a CME-member ferrous risk management desk serving OEM manufacturers across construction, industrial, appliance, HVAC, transportation, and agricultural markets.

Ownership category

akta.pro rank

Product category

Steel Distribution and Processing Services

NAICS

Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

Wholesale-Metals Service Centers & Offices (5051), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)

Keywords

• Flat-rolled steel distribution
• Metal risk management
• Steel service centers
• Aluminum supply chain
• Toll processing services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Flat-Rolled Steel and Aluminum Distribution: Core revenue stream from selling and distributing flat-rolled steel (hot rolled, cold rolled, galvanized, galvalume, aluminized, stainless, pre-painted) and aluminum products. Revenue generated through contract fulfillment, spot inventory sales, and roll-and-hold programs.
2. Steel Processing Services: Revenue from processing services including slitting, blanking, cut-to-length, perforating, pre-painting, and embossing. Services delivered through owned service centers and toll processing network.
3. Flack Capital Markets Risk Management: Financial services revenue from risk management products including inventory financing, trade financing, directed buy structured transactions, direct trading, and market making. Fee-based model with costs structured as grade extras.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Flack Global Metals distributes flat-rolled steel and aluminum products through three owned service centers and a national network of toll processing partners, while providing metal processing services (slitting, blanking, cut-to-length, finishing). Through Flack Capital Markets, the company offers risk management and financial services including inventory financing, trade financing, directed-buy structured transactions, direct trading, and market making to help customers hedge against steel and aluminum price volatility.

Product overview

Flack Global Metals operates as an integrated flat-rolled steel and aluminum distribution and risk management platform. The company combines three core divisions: Flack Metal Supply (physical distribution of bare, coated, painted, stainless steel and aluminum), Flack Capital Markets (financial risk management including inventory financing, DBSTs, direct trading, and market making), and Flack Manufacturing Investments (direct equity investments in manufacturers including Fabral). The platform is anchored by three Pacesetter service centers in Atlanta, Chicago, and Houston offering slitting, blanking, cut-to-length, and finishing services, supported by a network of 240+ toll processing partners. The company ranks #28 among U.S. service centers and serves OEM and construction markets nationwide.

Differentiator

Problem solved

Functional benefit

Brands

• Flack Metal Supply: Division for physical metal distribution including steel coils and aluminum products.
• Flack Capital Markets
• Pacesetter
• Painted by Flack

Products and services

• Flack Metal Supply Primary flat-rolled steel and aluminum distribution and supply chain management division offering bare steel, coated steel, painted steel, stainless steel, and aluminum products with contract fulfillment, spot inventory, and roll-and-hold programs for OEMs and industrial manufacturers.
• Flack Capital Markets Financial risk management and capital markets division providing inventory financing, trade financing, directed-buy structured transactions, direct trading, and market making services to help customers manage steel and aluminum price volatility. Delivered through CME membership and HRC futures market participation.
• Hot Rolled Steel Bare steel products with thicknesses from 0.055 to 1.00 inches and widths up to 72 inches, available in grades CS, DS, SS, HSLA 45-100, JIS and finishes including P&O, Black, Dry Lube, Tension Leveled, and Temper Passed for industrial manufacturing applications.
• Cold Rolled Steel Cold rolled steel with thicknesses from 0.010 to 0.096 inches, available in grades CS, DS, DDS, EDDS, SS, HSLA 35-80, JIS with Matte, Acrylic, and Oiled finishes for manufacturing applications.
• Galvanized Steel Zinc-coated steel with thicknesses from 0.010 to 0.25 inches, coating weights from G30 to G235, available in Min Spangle, Extra Smooth, ROHS Chemical Treatment, and Prelube finishes for construction, HVAC, and durable goods applications.
• Galvalume Steel Aluminum-zinc alloy coated steel with thicknesses from 0.010 to 0.0466 inches and coating weights from AZ35 to AZ60, suitable for all structural strength grade products.
• Painted Steel (Painted by Flack) Pre-painted flat rolled metals featuring PVDF, SMP, and Polyester finishes across all structural strength grades, including custom color matching with Sherwin Williams and AkzoNobel coatings for construction, architectural, and metal building applications.
• Stainless Steel Stainless steel in grades 201, 301, 304, 304L, 316, 316L, 321, 18CrCb, 409, 410, 410S, 430, 434, 439 with thicknesses from 0.015 to 0.500 inches and finishes including HRAP, 2D, 2B, #3, #4, #8, and Bright Annealed for appliance and industrial applications.
• Aluminum Products Aluminum products in 1000 through 8000 series alloys with thicknesses from 0.004 to 0.125 inches, supporting the full spectrum of tempers including O-Temper, H1X, H2X, H3X, and finishes including Mill Finish, Diamond Tread Plate, and Painted for transportation and industrial applications.
• Processing Services Metal processing capabilities including slitting, blanking, cut-to-length, perforating, pre-painting, and embossing delivered through owned service centers in Atlanta, Chicago, and Houston, plus access to 240+ toll processing partners across North America.
• Inventory Financing Short-term borrowing solution for purchasing materials, bridging the gap between buying and selling to help industrial businesses maintain cash flow during stock-heavy periods.
• Trade Financing Converts incoming supply from fixed-to-floating or floating-to-fixed with short-term credit and longer-term financing, working capital solutions, and consignment arrangements for industrial customers.
• Directed-Buy Structured Transactions (DBST) Structured swaps allowing customers to convert floating contracts to fixed or fixed to floating, enabling access to forward curve pricing without disrupting existing supply relationships. Available in Short-Form (Entry) and Long-Form (Pro) versions.
• Direct Trading Tailored strategies for navigating derivatives markets, providing liquidity and market access for managing price risk efficiently and cost-effectively in ferrous markets.
• Market Making Liquidity provision and risk mitigation in ferrous markets, connecting buyers and sellers directly or through intermediaries to ensure efficient trades at competitive prices.
• Pacesetter Service Centers Steel service center operations in Atlanta (100,000 sq ft), Chicago (120,000 sq ft), and Houston (130,000 sq ft) providing slitting, cut-to-length, blanking, and distribution services with direct rail access and 25-30 ton cranes, now unified under the Flack Global Metals brand.
• Fabral Metal and Wall Roof Systems Metal roof and wall systems manufacturing business acquired from OmniMax International, supporting FGM's direct equity investment platform in flat rolled product manufacturers for construction and architectural markets.

Quantifiable outcome

• Ranked #28 on Metal Center News Top 50 Service Centers list
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• NSPS Metals (Pacesetter Houston)coreStrategic or Co-development Partner · 30 October 2025FGM took over operations of NSPS Metals in Houston, Texas, starting November 1, 2025, creating its third Pacesetter service center. The Houston facility aims to expand FGM's presence in the OEM and construction markets.
• Pacesetter Steel ServiceflagshipStrategic or Co-development Partner · 2 October 2024FGM acquired a majority ownership stake in Pacesetter Steel Service, combining two premier metals distribution and service center platforms. Deal advised by BofA Securities and Nelson Mullins. Partnership aims to combine physical infrastructure and risk management expertise to enhance service offerings and strategic growth. FGM completed investment in October 2024.
• OmniMax International (Fabral)coreStrategic or Co-development Partner · 28 February 2023FGM acquired Fabral Metal and Wall Roof Systems from OmniMax International, marking the first venture of FGM's new platform for direct equity investments in manufacturers of flat rolled products. FGM plans to enhance Fabral's capabilities through additional capital investment and operational improvements.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Ryerson Holding: One of the largest North American metal service centers offering a broad portfolio of flat-rolled steel, aluminum, and other metals plus value-added processing. Directly comparable to FGM as a B2B flat-rolled distributor serving OEM and industrial customers, though materially larger and more diversified.
• Olympic Steel: U.S. national metals service center processing and distributing flat-rolled steel, aluminum, and tubular products. Comparable as a competing flat-rolled distributor with multi-region service centers and OEM focus, though larger and publicly traded.
• Reliance Steel & Aluminum: Largest North American metals service center operator with a highly decentralized model of family-branded subsidiaries. Comparable as the dominant flat-rolled and aluminum distributor, competing with FGM in OEM and construction markets at a vastly larger scale.
• Russel Metals: Canadian-headquartered metals distribution and processing company serving the U.S. and Canada with steel, aluminum, and stainless products. Comparable as a competing flat-rolled distributor with service center infrastructure across North America.
• Kloeckner Metals: Global metal service center and distribution group offering flat-rolled steel, aluminum, stainless, and processed products. Comparable as a broad-line flat-rolled distributor with digital commerce capabilities targeting OEM customers.

Direct peers

• Mill Steel Company: Privately held U.S. flat-rolled steel service center distributing and processing hot rolled, cold rolled, coated, and stainless products. Closely comparable to FGM in product mix (flat-rolled), customer base (OEMs), and service center operating model.
• Pacesetter Steel Service (legacy/now unified): Pre-acquisition Pacesetter Steel Service was a multi-region flat-rolled steel service center — the same entity FGM acquired and now operates, illustrating the direct overlap in capability, footprint, and customer base that FGM's expansion targets.
• Eaton Steel (Eaton Metals): Privately held Midwest U.S. flat-rolled steel service center with slitting, blanking, cut-to-length, and toll processing capabilities. Comparable as a similarly sized private competitor with overlapping OEM customer base and processing services.

Emerging players

• NLMK USA / Novolipetsk Steel trading arm: Vertically integrated steelmaker with U.S. distribution and service center operations, including trading of flat-rolled products. Comparable as a mill-affiliated competitor operating in the same flat-rolled value chain and competing for OEM contracts.

Others

• CME Group (Chicago Mercantile Exchange): Operator of the HRC steel futures market in which Flack Capital Markets trades and holds membership. Relevant as the venue enabling FGM's capital markets differentiation and CME membership moat rather than as a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/FlackGlblMetals
• LinkedInlinkedin.com/company/flack-steel

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flack Global Metals