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
Nucor raises plate prices by $40/ton, cites market conditions
Nucor Corp. announced that its plate mill group was raising prices for as-rolled, discrete, cut-to-length, and normalized plate “in response to current market conditions.” The Charlotte, N.C.-based steelmaker said in a letter to customers on Tuesday, Feb. 4, after market close, that it would be seeking an increase of $40 per short ton (st). Nucor […]
Domestic, offshore CRC prices diverge
The price spread between US-produced cold-rolled (CR) coil and offshore products narrowed again in the week ended Jan. 31, as imports edged higher and US product ticked lower.
US HR price premium over imports widens
Hot-rolled (HR) coil prices ticked up in the US this week, while tags abroad were mixed. The result: the margin US hot band holds over imports on a landed basis widened slightly.
Plate report: Mills pushing price up, but still willing to talk
Repeated mill price hikes this week may have stopped the bleeding and could signal a rebound.
Higher tags expected for February scrap settle
The US scrap market sentiment has become more bullish over the last week. Many districts are telling SMU that the potential rise in prices will exceed the earlier estimate of $20 per gross ton (gt). Several sources have pegged the February market as up $30-50/gt. Here are several regional viewpoints from the trade: In the […]