Please click to register for the Controlling Price Volatility and Hot Rolled Futures conference held at the Wynfrey Hotel, Birmingham, AL on 12/08/2010.
Controlling Price Volatility and Hot Rolled Futures
Sponsored by: 
Both service centers and end users are looking for ways to protect themselves from the price volatility we have seen in the steel industry since 2004. The opportunity to hedge price risk now exists thanks to the introduction of the CME/NYMEX hot rolled steel futures contract in 2008.
Understanding and working with financial hedging instruments within the steel community takes time and study. We have partnered with Jonathan Putman, CEO of Birmingham Futures, to conduct one of his well known hot rolled futures training seminars in Birmingham, Alabama on December 8th, 2010.
Workshop Agenda
- A. Steel Prices - What Happened and Why - A Witness to History
- B. Steel Cost - What Can I Do About It - Planning for Uncertainty
- C. Futures - What is Happening and Where - A $25 Trillion Market
- D. The Five C's of Hedging :
- 1. Control - Planning your bottom line in advance
- 2. Concepts - Futures, Swaps, Options, Collars, etc.
- 3. Correlation - Basis Risk: the hidden land mine
- 4. Credit - Credit limits, Margin calls, Mark to market
- 5. Command - From the Board to the trader to the documentation
- E. What Next - The 3 Requirements for Every Company
John Packard, Publisher of Steel Market Update and a 31-year veteran of the flat rolled steel industry in sales and management positions – will speak about the various steel price indexes (including our own) as well as practical applications/questions for buyers and sellers of steel to discuss as they consider during the planning process.
About Jonathan Putman
After 25 years at Hanna Steel Corporation, the first 18 as CFO and the last 7 as Executive Vice President Steel Purchasing, Putman launched Birmingham Futures in 2003. Birmingham Futures seeks to match counter parties who desire to eliminate market risk in domestic steel & scrap prices through the use of Steel Futures and over the counter (OTC) price swaps.
Conference Schedule
View the full conference schedule with Location, Cost and Details.
Ways to Register:
Download, print and complete this PDF registration form, then:
- - Mail registration form with payment to: Steel Market Update, 71 Ridgetop Ct., Dawsonville, GA 30534
- - Fax registration form to (706) 216-6270 with credit card information
- - Call our office at (800) 432-3475 to pay by credit card
Disclaimer:
The risk of loss in trading commodities can be substantial, and past performance is not necessarily indicative of future results. Therefore you should carefully consider whether such trading is suitable for you or your organization in light of your financial condition. This presentation should not be construed as an offer to buy or sell any futures or options on futures contracts. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy.
Cancellation Policy
If you need to cancel for any reason, please contact us at (800) 432-3475 or (706) 216-5440 or by e-mail at info@steelmarketupdate.com. You will receive a full refund if your cancellation request is made more than 30 days prior to the program. If you cancel within 1-30 days of the program start date, your payment amount can be used as a credit towards another SMU/ Birmingham Futures program (must be used within one year) or can be refunded to you less a $200 processing fee. Cancellations made after the program begins are non-refundable. You may transfer your registration to another person prior to the start of the program. Please notify us as soon as possible with your replacement’s information or make the changes on this site. SMU/ Birmingham Futures reserves the right to change speakers or reschedule/cancel sessions when necessary.
Questions:
Please contact us at: 800-432-3475 or 706-216-5440 or Info@SteelMarketUpdate.com
