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21/04/2008
Steelorbis Steel Futures & Finance Seminar - Dubai

The global long steel industry is getting ready for LME Steel Billet Futures.

  • Are you prepared for the new  contracts?
  • Are you aware of the implications and benefits for your business?
  • Are you planning to use the contracts to manage your company's day-to-day exposure to price volatility?

To mark this important development SteelOrbis hosted a one-day event in association with the LME to give further insight into the finance & futures world and to coincide with the hard launch of the LME's steel billet contracts.

The seminar provided an excellent opportunity to meet senior executives from the LME, member firms and banks to explain how hedging works and its benifits in Risk Management. Presentions included discussions on structured and trade financing deals and what the useSteel Billet Futures can bring to your business. LME's warehouse and delivery mechanism was also explained providing an insight into how this unique mechanism works.

 
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