SBB Training How the Steel Market Works USA (SBB HSMW USA)
Venue: Westin Hotel, Pittsburgh
|Event Date/Time: Jul 20, 2010||End Date/Time: Jul 21, 2010|
|Registration Date: Jul 19, 2010|
|Early Registration Date: May 20, 2010|
â€¢Recognise the production processes used to manufacture steel
â€¢Identify semi-finished and finished steel products and their uses
â€¢Understand the industry structure, value chain, trade flows
â€¢Manage price risks in a context of price volatility
Day 1 - Tuesday 20th July 8am Session I: Introduction
9am Session II: Steel Production Process. Part I.
What is steel?
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
Energy/ Oil & Gas
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
Day 2 - Wednesday 21st July 8.30am Session VII: How a Purchasing Manager thinks
Calculating & Negotiating steel prices
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
Designing the forecast methodology
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