Steel Products

Join Your Executive Peers at Steel Hedging 201 on Aug. 3-4
Written by Brett Linton
July 8, 2021
Learn how to build and execute your company’s risk strategy.
Would you like to take control of the price risk in your steel business in these uncertain times? With wild swings in steel prices now 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 Aug. 3-4 (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

Brett Linton
Read more from Brett LintonLatest in Steel Products

September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]

SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.

HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.