Steel Products
Join Your Executive Peers at SMU's Intro to Steel Hedging Workshop Nov. 2-3
Written by Brett Linton
October 7, 2021
Now is a good time to think about protecting your business.
Steel Market Update’s Introduction to Steel Hedging: Managing Price Risk course will introduce you to hedging principles and give you a solid foundation, so you can learn how to protect your business and minimize the risk associated with unfavorable price changes.
In just two intensive afternoon sessions, you will:
- Take away a concrete understanding of hedging basics: What “hedging” is and why so many companies do it, terminology, and knowledge of the market structure.
- Learn about hedging from a steel perspective: Want to understand what makes hedging in steel different than other commodities? Find out how different risk strategies work for the flat-rolled steel market.
- Learn about building a risk management strategy: Understand the costs, risks and potential benefits involved in hedging, so you can decide on the best course of action for your business.
- Learn from an expert: The instructor has worked with every type of market participant to formulate risk management and trading strategies for steel derivatives.
Join the next Introduction to Steel Hedging course, which will run on Nov. 2-3. Book your place today
“SMU has done a great job of providing these workshops, from beginner to more advanced. They’ve done a great job of helping to educate the community as a whole. Our company is a very strong believer in training. We’ve sent all levels of people in our team, from CFO to VP of Production and buyers – all attending these workshops to continue to get educated as we move forward and to help our risk management strategy.”
– Chris Shipp, Vice President – Supply Chain, Priefert Steel
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.
If you have any questions, please email: Events@SteelMarketUpdate.com
Brett Linton
Read more from Brett LintonLatest in Steel Products
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.
April service center shipments and inventories report
Flat rolled = 57.6 shipping days of supply Plate = 54.5 shipping days of supply Flat rolled US service centers’ flat-rolled steel supply edged up in April, as shipments slowed. At the end of April, US service centers carried 57.6 shipping days of supply, according to adjusted SMU data. This is up from 56.4 shipping […]