Steel Products
Steel 101: Introduction to Steel Making & Market Fundamentals Workshop
Written by John Packard
February 3, 2020
If you want to get a better feel for what you can learn and the value of our Steel 101 workshop, listen to what a couple of our most recent attendees had to say:
“This is a great workshop where the ABC’s of the steel business are spelled out quite clearly, even for someone new in the steel business.” Reuven Lerman, Steel Warehouse
“The Steel-making 101 workshop is an excellent training and learning opportunity for any professional that buys, sells, fabricates or has a financial interest in the steel industry. The instructors are extremely knowledgeable in all segments of steel-making and downstream steel products and they bring energy and enthusiasm to the workshop. The opportunity to tour California Steel and learn from the mill personnel was excellent.” Michael Petruski, Managing Director, Great American Group Appraisal and Valuations Services, a B. Riley Financial Services (RILY) Company.
Here are some of the highlights you can expect from a Steel 101 workshop:
- How steel is made by both the blast furnace/BOF (integrated) and electric arc furnace (minimill) processes
- How various products are rolled (flat, plate and long products)
- Major differences between integrated and minimills
- After above we tour an operating steel mill – next mill is NLMK Portage, Ind.
- How qualities of steel are made and ASTM specifications
- Coated steel (galvanized, Galvalume, pre-painted steels)
- How steel is bought and sold (how to use extras and build a price)
- End uses of steel
- How commodities affect the industry
- Understanding the flow of steel from mill to customer
- Taste of futures
- Basics of supply and demand
- Global and domestic steel supply
- Risks to the supply chain
- Understanding key market indicators
- How to use available tools (SMU and others)
As mentioned above, our March 31-April 1, 2020, workshop will include a tour of the NLMK Portage steel mill.
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If you have any questions, please feel free to reach out to us at Events@SteelMarketUpdate.com
Registration is open and we are expecting another sold-out class.
Go to www.SteelMarketUpdate.com/Events/Steel101 for more information.
John Packard
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