This training course is unique in offering the most in-depth and comprehensive overview of the entire steel market.
Day 1 - Tuesday, December 6 2011
| 07:00 |
Registration
-Breakfast provided
|
| 08:00 |
Session 1: Introduction
-Welcome & opening remarks
-Introduction of trainers & delegates
-Steelmaking video
|
|
Mr Preston L. Gibson, Head of Global Training, Platts
|
| 08:30 |
Session 2: Raw material inputs
-Iron ore
-Coal & coke
-Scrap
-Alternative iron units
|
|
Dr Donald Fosnacht, Ph.D., Director CARTD, University of Minnesota
|
| 10:00 |
Refreshment break
|
| 10:30 |
Session 3: Steel production process, Part I
-What steel is
-How steel is made
-The steelmaking process routes
|
|
Mr Roger Walburn, Manager - Customer & Product Development, NLMK - USA
|
| 12:00 |
Lunch - Provided
|
| 13:30 |
Session 4: Steel production process, Part II
-Casting
-Rolling & finishing
-Product groups
|
|
Mr Roger Walburn, Manager - Customer & Product Development, NLMK - USA
|
| 15:00 |
Refreshment Break
|
| 15:30 |
Session 5: The economics of steelmaking
-The elements of steel cost structure
-Factor costs
-Unit usages and yields
-The cost of a ton of steel around the world
-Conversion costs
-Cost curves
|
|
Dr Donald Fosnacht, Ph.D., Director CARTD, University of Minnesota
|
| 18:00 |
Cocktails & dinner
-Included with the training course is cocktails and dinner with your colleagues and trainers
|
Day 2 - Wednesday, December 7 2011
| 07:30 |
Breakfast provided
|
| 08:30 |
Session 6: End use markets
-Steel types, trends & volumes
-Construction
-Automotive & transportation
-Appliances
-Energy, oil & gas
-Industrial products
|
|
Mr Glenn Kidd, Consultant, USS Marketing Director - Retired
|
| 10:00 |
Refreshment break
|
| 10:30 |
Session 7: A macro view of world steel markets
-Steel industry economics 101
-Historic growth of steel production & consumption
-Industry evolution & consolidation
-The uniqueness of the US steel market
-Your market environment
|
|
Mr Glenn Kidd, Consultant, USS Marketing Director - Retired
|
| 12:00 |
Lunch provided
|
| 13:00 |
Session 8: How a purchasing manager thinks
-Understanding the purchasing function
-Pricing fundamentals
-Negotiating
-Steel price trends
-Forecasting steel prices
|
|
Mr Peter O'Brien, Purchasing Director , Boral Industries
|
| 14:30 |
Refreshment break
|
| 15:00 |
Session 9: Price risk management
-Managing risk video
-Reasons to manage price risk
-Traditional steel industry approaches
-Emerging financial tools
-Price discovery: role of indexes & forward curves
-Key characteristics & benefits
|
|
Mr Kurt Fowler, Business Development Manager, The Steel Index
|
| 16:30 |
Questions, comments & closing
|
|
Mr Preston L. Gibson, Head of Global Training, Platts
|