SBB Training How the Steel Market Works USA (SBB HSMW USA)

Venue: Westin Hotel, Pittsburgh

Location: Pittsburgh, Pennsylvania, United States

Event Date/Time: Jul 20, 2010 End Date/Time: Jul 21, 2010
Registration Date: Jul 19, 2010
Early Registration Date: May 20, 2010
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This executive steel training course is unique in offering the most in-depth and comprehensive overview of the North American steel market, its players and supply and demand cycles. In two days, trainees will know how to:
•Recognise the production processes used to manufacture steel
•Identify semi-finished and finished steel products and their uses
•Understand the industry structure, value chain, trade flows
•Manage price risks in a context of price volatility

Day 1 - Tuesday 20th July 8am Session I: Introduction
Steelmaking video

9am Session II: Steel Production Process. Part I.
What is steel?
Raw materials
Steelmaking process routes


Session III: Steel Production Process. Part II.
Rolling & Coating
Galvanizing & Coating

1.30pm Session IV: End Use Sectors part 1: steel types, volumes and trends
Automotive & Transportation

2.15pm Walk around the block looking at steel products and applications

3.00pm Session V: End use sectors part 2; steel types, volumes and trends
Domestic Appliances
Energy/ Oil & Gas
Industrial Products

4pm Session VI: A macro view of the US and world steel market
Historic growth of steel production and consumption
Industry evolution and consolidation
Steelmaking costs in context: a look at scrap vs iron ore
Trade flows

Day 2 - Wednesday 21st July 8.30am Session VII: How a Purchasing Manager thinks
Calculating & Negotiating steel prices
Pricing Fundamentals
Steel spot vs contract and index pricing
Demand, supply and market sentiment
How Purchasing Managers think, and act

10.30am Session VIII: Forecasting steel prices
Quantitative techniques
Designing the forecast methodology

Qualitative techniques
Using qualitative techniques to forecast steel prices
Demonstration of price analyser
The Steel Index Data and Market Survey

1.15pm Session IX: Price Risk Management
Reasons to manage price risk
Traditional steel industry approaches
Emerging financial tools - what are they and how do they work?
Price discovery - role of indexes and forward curves
Key characteristics and benefits of using financial tools

3pm Session X: International steel trading & domestic distribution
The evolution of steel trading
Steel distribution in the U.S.
To import or not to import?
Anti-dumping & other legal actions


1000 Penn Avenue
United States