Steel Products
SMU's Intro to Steel Hedging: Managing Price Risk Course is 2 Weeks Away
Written by Brett Linton
April 12, 2022
We still have a few spots remaining in our upcoming Introduction to Steel Hedging: Managing Price Risk course, which will run virtually on April 26-27, 2022.
Steel Market Update and Spencer Johnson, StoneX Financial Inc. – FCM Division, along with the CME Group, will be conducting a workshop for those who are actively involved in the buying or selling of steel. This workshop is tailored for those looking to understand financial derivatives as an instrument to hedge price risk, protect margins, protect inventories, or offer long-term pricing to their customers.
The flat-rolled steel market is a unique and challenging environment to manage risk. This introductory course will explain the basics of how financial products work for the steel industry through basic real world scenarios.
Building up from the basics of why firms use these products and what advantages they offer, participants will take away a concrete understanding of hedging basics and terminology. They will also develop a knowledge of the market structure they will need to build a risk management strategy for their own company.
There will be resources to download and live networking. There will also be extended time to explore the workshop material and to message the instructors after the live programming with specific questions.
You can find out more about the course and view the schedule here.
“I highly recommend the Steel Market Update Introduction to Steel Hedging course to anyone who may find themselves intimidated or confused by futures. The basic concepts are explained in great clarity. The instructors provide realistic examples that, when put into practice, can improve your company’s sustainability by mitigating inventory risk, and expanding the diversity of product offerings to your customers. I highly recommend attending an in-person class if possible. Many thanks to the team!” – Ben Burgett, Product Manager, Superior Steel Supply
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. Click here for more information and to register.
If you have any questions, please email: Events@SteelMarketUpdate.com
Brett Linton
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