FGM EXECUTES FIRST TURKISH SCRAP OPTIONS CONTRACT

Flack Global Metals (FGM), an industrial manufacturing and capital markets firm, has announced its role as the counterparty in the first Turkish scrap options contract offered by CME Group. This contract, while named for its Turkish price discovery, serves the global scrap metal market by offering new risk management tools. FGM’s involvement highlights its leadership in providing advanced hedging solutions for the steel industry.