CHICAGO, IL – March 20, 2014 Nanci Schuld, President and part-owner, is pleased to announce the formation of a new ferrous and non-ferrous scrap metal trading company, Fe Xchange Group, LLC.
Nanci has decided to launch her own brand after 20 years of working in the industry as a trader. Nanci began working in the metals industry in 1994 and worked her way from a commercial buyer to the National Accounts Director for Metal Management in Chicago. She was most recently a Senior Trader for SIMS North American Trade Group.
“Considering my extensive and successful trading experience in the scrap industry, I am excited to be able to branch off on my own and create a new scrap trading company that will provide services to steel mills, scrap dealers and other scrap suppliers,” stated Ms. Schuld. “I love this industry and look forward to building the relationships I have fostered over the years to provide both buyers and sellers of scrap metal with professional and capable trading services.”
In conjunction with Fe Xchange Group, Scrap Metal Services, L.L.C. (SMS) will eventually support the venture with base tonnages from its network of operations in North America and Mexico.