Background
The commercial executive who turns metals supply chain risk into margin.
Commercial and P&L leader. 20 years in metals, recycling and critical minerals.
- Trader: physical commodities at Nucor
- Buyer: $1B+ raw materials budget at AK Steel
- Owner: advisory firm since 2016
Summary
Commercial depth, modern methods
Commodity risk
Seven years managing price exposure on a Nucor trading desk.
Procurement at scale
Betts owned a $1B+ budget at AK Steel and saved $12M+.
Owner-operator
Betts has run Magnar Metals since 2016, with full P&L ownership.
Experience
Career
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2016 to present
Founder and Chief Executive Officer Magnar Metals LLC
- Advises producers, recyclers, associations, startups, and venture capital and private equity investors.
- Global client base. Engagements up to 8 years.
- Created a new revenue tier for a global certification body.
- Builds AI research and workflow systems for industrial clients.
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2022 to 2023
Senior Vice President, Business Development Flack Global Metals
- Led commercial growth for a steel distribution and price risk firm.
- Structured deals linking physical supply to hedging.
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2020 to 2022
Vice President, Business Development, Metals Argus Media
- Directed metals strategy at a global price reporting agency.
- Built revenue in new commodity segments.
-
2015 to 2016
Raw Materials Manager AK Steel (now Cleveland-Cliffs)
- Managed a $1B+ raw materials budget.
- Saved $12M+ through sourcing and negotiation.
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2007 to 2014
Physical Commodities Trader The David J. Joseph Company (Nucor)
- Traded ferrous, non-ferrous and ferro-alloy materials.
- Sourced scrap from 130+ suppliers.
Board and advisory
- Advisory Committee, Colorado School of Mines Recycling Metals Conference
- Member, Avante Capital Partners Women's Operating Network
Education
- MBA, Xavier University
- BS Finance, Indiana University Kelley School of Business
- Executive education: Alternative Investments, Harvard Business School Online; Leadership, University of Notre Dame
Expertise
Commercial
- Business development
- Deal origination
- Industry network
- Commercial strategy
- P&L ownership
- Pricing strategy
- Contract negotiation
- Venture capital and startups
- Keynote speaking
Markets and supply
- Critical minerals
- Ferrous and non-ferrous metals
- Steel, aluminum and copper
- Scrap and recycling
- Commodity risk
- Strategic sourcing
- Tariff and trade exposure
- Market intelligence
Future ready
- Circular economy
- Decarbonization
- Applied AI
Inquiries
Board, executive and advisory inquiries
Full resume available on request.