Steel Products

Steel 101: Introduction to Steel Making & Market Fundamentals Workshop

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

Steel 101 “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)