Steel Products

Learn to Manage Risk at SMU's Steel Hedging Workshop Nov. 2-3
Written by Brett Linton
October 21, 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 on Nov. 2 and 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

Flack’s Fabral launches solar division
The metal roofing manufacturer is launching Fabral Solar to integrate solar technology within commercial, residential, and agricultural structures.

US HR prices rising faster than offshore tags
Hot-rolled (HR) coil prices continued to rally in the US this week, quickly outpacing price gains seen abroad. The result: US hot band prices have grown widely more expensive than imports on a landed basis. The premium US HR tags carry over HR prices abroad now stands at a 14-month high. SMU’s average domestic HR […]

Galvanized buyers brace for market shifts amid rising tariffs
One buyer summed up the prevailing sentiment: “Everything is pointing up — pricing, sentiment, order activity. But the real test will come once the immediate reactionary buying subsides. Will there be enough true demand to support these levels through mid-year? That’s the big unknown.”

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]

Olympic Steel sees increased line pipe jobs while lead times jump on Trump tariffs threats
Olympic Steel has seen jobs for line pipe jump in recent weeks as the Trump administration has talked up fossil fuel production, which is good news for hot-rolled coil producers. Meanwhile, tariff talk has lengthened lead times, Olympic executives said.