Steel Products

Join Your Executive Peers at Steel Hedging 201, May 5-6
Written by John Packard
April 15, 2021
Learn how to build and execute your company’s risk strategy.
Would you like to take control of your steel business’s price risk in these uncertain times? With wild swings in steel prices having become the norm rather than the exception, Steel Market Update, in conjunction with CRU and the CME Group, are here to help.
Join your executive peers for strategic discussions at the next Steel Hedging 201: Advanced Strategies and Execution course, taking place next month on May 5-6 (over two afternoons).
Building on your existing knowledge, this advanced course will focus on defining and developing tailored hedging strategies. Our experts will walk you through how to manage various risk scenarios and how to execute those strategies with a specific end goal in mind.
Participants will understand:
– How to develop a strategy based on your risk profile
– How to use futures and options to advance your marketing efforts without taking on more risk
– Real world examples of actual hedging scenarios
– How to make a more effective linkage between financial and physical steel products
You can view the full schedule here
The cost to attend is $1,250 per person. SMU/CRU subscribers can save $100 plus an additional $100 per person for companies that register two or more people for the same workshop. Book your place today
If you have any questions, please email: Events@SteelMarketUpdate.com

John Packard
Read more from John PackardLatest in Steel Products

Drilling activity slows in US but picks up steam in Canada
Oil and gas drilling in the US slowed for a third consecutive week, while activity in Canada hovered just shy of the 19-week high reached two weeks prior.

Domestic mill shipments rise in June: AISI
US steel shipments increased month over month and year over year in June, according to the latest figures from the American Iron and Steel Institute (AISI).

Active rig counts slipped in US, Canada
Drilling activity slowed in the US and Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.

OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.

Final Thoughts
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.