Economy
Reibus Adds Long Products to its Online Offerings
Written by Tim Triplett
May 25, 2021
Reibus, the online metals marketplace, now offers long products as well as flat rolled, sheet and plate products.
Reibus (www.reibus.com) is an independent SaaS-enabled marketplace that utilizes technology to match buyers and sellers and to solve ingrained supply chain problems in the industrial material market.
“With momentum building and partnerships forming throughout the metals industry, we felt the urge to continue to grow our product portfolio,” said John Armstrong, CEO and founder of Reibus. “The partnership and trust from our customers helped us bring the entire long products category onto the Reibus platform and expand our ability to deliver value to the market.”
Founded in 2018, Reibus claims it has helped hundreds of customers by reducing lead-time, improving inventory, and streamlining finance and freight services.
Tim Triplett
Read more from Tim TriplettLatest in Economy
Architecture billings flat in October after months of contraction
Architecture firms reported stable billings in October, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek. This follows 20 months of contracting business conditions.
Trump taps Lutnick to be Commerce Secretary
President-elect Donald Trump has named Wall Street veteran Howard Lutnick as the new US Secretary of Commerce.
New York state manufacturing activity ramps up to multi-year high
New York state’s manufacturing sector saw substantial recovery in November, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York.
CRU: Dollar and bond yields rise, metal prices fall as Trump wins election
Donald Trump has won the US presidential election. The Republican party has re-taken control of the Senate. Votes are still being counted in many tight congressional races. But based on results so far, the Republicans seem likely to maintain control of the House of Representatives. If confirmed, this will give Trump considerable scope to pass legislation pursuing his agenda. What this means for US policy is not immediately obvious. Trump will not be inaugurated until Jan. 20. In the coming weeks and months, he will begin to assemble his cabinet, which may give a clearer signal on his policy priorities and approaches. Based on statements he made during the presidential campaign, we have set out the likely direction of his economic policy here and green policy here.
ISM: Manufacturing index fell in Oct to lowest point of ’24
Domestic manufacturing contracted for the seventh straight month in October, according to the latest report from the Institute for Supply Management (ISM). This marks the 23rd time in the last 24 months that it has been in contraction.