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Introduction to Steel Hedging: Managing Price Risk Course

We will be running the Introduction to Steel Hedging Training Course live in Chicago in 2024.
September 25, 2024 - LIVE at the Hyatt Centric The Loop Chicago

Attend for only $995 + tax

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.

Register here  See 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

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Objectives
Participants will understand:
  • What "Hedging" is and why so many companies do it
  • What makes hedging in steel different to other commodities
  • The structure of the market and the mechanics of how trades are executed
  • The costs and risk involved

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Participants who have joined the course included:

  • President & CEO
  • Director - GSE Global Supply Chain
  • Director of Supply Chain
  • Vice President
  • Operations Associate
  • CEO
  • CFO
  • Coated Metals Sales Manager
  • Commercial Manager
  • Commodity Leader
  • Consultant
  • Category Manager
  • COO
  • Director - Purchasing
  • Director of Finance
  • Director of Marketing
  • Director of Sales
  • Supply Chain
  • EVP, Corporate Finance and Investment Planning
  • Finance Analyst
  • Lead Financial Data Analyst

  • GCM
  • General Manager
  • Global Category Procurement Manager
  • Materials Manager
  • PM
  • President
  • Purchasing Manager
  • Raw Material Procurement Manager
  • Sales Manager Sales Manager - Automotive
  • Sr Commodity Manager
  • Vice President
  • Vice President - Business Development
  • Vice President - COO
  • Vice President - Finance
  • Vice President - Purchasing
  • Vice President Finance and Supply Chain
  • Vice President of Global Procurement
  • Vice President, Supply Chain and Operations
  • VP Business Development and Procurement
  • VP of Manufacturing & Steel Sales