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

Asian HR remains much cheaper than US, EU product
Domestic hot-rolled (HR) coil prices were flat this week after declining seven of the last nine weeks. Offshore prices have also eroded in recent weeks, though not nearly as significantly as in the US.

Galv buyers less optimistic about short-term market
“It was a little more of a seller's market as contractors seemed to be protecting themselves against a potential run up in prices," one buyer said.

SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]

US, offshore CRC prices continue to fall
US cold-rolled (CR) coil prices were down again this week, slipping six weeks in a row and seeing the sharpest drop-off since last July.

Asian HR remains much cheaper than US, EU product
Domestic hot-rolled (HR) coil prices fell this week, now down seven of the last eight weeks.