Steel Products

SMU Intro to Steel Hedging Workshop on April 26-27

Written by Brett Linton

March 29, 2022

We still have 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, but 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, terminology, and knowledge of the market structure they will need to build a risk management strategy for their own company

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

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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