Steel Products
NIM Group’s Eric Daniel Honored as Next Generation Leader
Written by Tim Triplett
August 21, 2021
Eric Daniel, director of supply chain for the NIM Group, is the recipient of the 2021 NexGen Leadership Award. Daniel was recognized in a ceremony Tuesday by Phil Bell, president of the Steel Manufacturers Association, which sponsors the award.
The NexGen Leadership Award is designed to recognize talented young executives, age 35 or younger, who have made outstanding contributions to their steel industry organizations.
Daniel has 16 years of experience in the metals industry and joined the NIM Group, Norfolk, Neb., in 2015. His influence on purchasing decisions and operational enhancements has resulted in $10 million in annual cost savings to the company. As the leadership of the service center organization stated in his nomination, “NIM Group’s supply chain is immense, and Eric’s direct management and high-level execution across 25 states is critical to the success of their customers.”
Eric is extremely passionate outside of work as one of the top formation skydivers in the world with a dedication to safety, leadership and mentorship. He is also CFO for a women’s development non-profit and sits on the Metals Service Center Institute’s Mountain Division board of directors.
Finalists for this year’s award included Ben Bullock, managing director at Flack Global Metals. Bullock manages the company’s internal hedging operations and risk mitigation solutions for customers. He began his career as a market maker in equity and commodity derivatives in Chicago and is an experienced trader and strategist. He spent three years on the Chicago Board of Trade (CBOT) floor and Chicago Board of Options Exchange (CBOE). Ben graduated from the University of Chicago and holds a Bachelor of Science degree in economics. He is also a CFA Charterholder.
Viv Helwig, the other finalist, is president of Vested Metals International, which he founded in 2014 to focus on niche markets for hard-to-find alloys and grades. Vested Metals has grown into a stocking distributor with various in-house value-added services. It also takes a metallurgical, consultative approach to its customers’ needs. For the past three years, the company has made the Inc. 5000 list of fastest growing privately held companies in America along with the Jacksonville Business Journal’s Fast 50, recognizing Northeast Florida’s fastest growing firms. In 2020, Viv was named the SBA’s minority owned Small Business Person of the Year for the northern region of Florida and mostly recently in 2021 as an Ernst & Young Entrepreneur of the Year Florida finalist.
In recognizing the NexGen Award winner and the finalists, SMA’s Bell referred to the steel industry’s long tradition of helping to build careers, companies, communities and even civilizations. “As our country continues to tackle issues and sees opportunities as far ranging as decarbonization, diversity equity inclusion, building back our infrastructure, and dealing with trade issues, the NexGen Award seeks to idenfity young leaders who provide strategic direction in these areas and many others. And also to carry on the tradition of our industry, not only for their own sake but for the good of their companies and ultimately for the good of the world,” he said.
Tim Triplett
Read more from Tim TriplettLatest in Steel Products
Nucor’s weekly HR spot price unchanged, again
Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil remains unchanged for another week – now on an 11-week streak. Nucor’s HR coil CSP, still at $750 per short ton (st), has been at that level since Nov. 12. The spot price for HR from Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also flat […]
Price gap between domestic, offshore CRC narrows
The price spread between US-produced cold-rolled (CR) coil and offshore products tightened in the week ended Jan. 17. Domestic CR coil tags were lower week on week (w/w), while offshore products ticked higher. The result? The US premium over imports shrank. In our market check on Tuesday, Jan. 14, US CR coil prices averaged $895 […]
US HR price premium over imports narrows slightly
Hot-rolled (HR) coil prices ticked down in the US last week, while tags abroad varied. The result: US hot band margin over imports on a landed basis has narrowed to a slight extent. SMU’s average domestic HR price last week was $685 per short ton (st), down $5/st from the week before. US hot band […]
SMU Community Chat: Jan. 22 with Alan Kestenbaum, founder of Bedrock Industries
Alan Kestenbaum, the founder of Bedrock Industries and the former CEO of Stelco, will be the featured speaker on the next SMU Community Chat. The webinar will be on Wednesday, Jan. 22, at 11 am ET. It’s free to attend. You can register here. We’ll look at Stelco’s recent sale to Cleveland-Cliffs and what made […]
December service center shipments and inventories report
Flat rolled = 77.1 shipping days of supply Plate = 58.1 shipping days of supply Flat rolled Flat-rolled steel supply at US service centers ballooned in December with higher inventories as well as seasonally lower shipments. At the end of December, service centers carried 77.1 shipping days of flat-rolled steel supply on an adjusted basis, […]