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Agenda Overview


Day one: November 17 2016

In conjunction with AMM’s 4th DRI and Mini-mills conference

08:00 Registration desk opens


Session I: New projects and keynotes

 09:00 Cliffs: closing the loop and reducing exposure

  • Why is Cliff’s Minnesota based taconite iron ore deposit an ideal source for DR pellet production?
  • What are the strategic advantages of developing DR pellet production capability? Will this vertical integration reduce exposure to fluctuating market conditions?
  • What factors have led Cliffs to reposition to become a DRI supplier and thus supplier to the US’s 60% plus mini-mill market?
  • Where will Cliffs sell their supply of merchant DRI? Will it be destined for national or international sale?

Lourenco Goncalves, President and CEO, Cliffs Natural Resources

09:30 Big River Steel: a new mini-mill

  • What effect will the Big River Steel project have on the US market? Will it create over-supply? How will this impact scrap markets?
  • Is this a good market for a new steel project given current global over-supply?
  • What raw material mix will be used in this new mini-mill?
  • How will the entry of this new steel mill be staged?

David Stickler, CEO, Big River Steel

10:00 Keynote scrap presentation: setting the scene for the key issues

  • Outlining the last 12 months – trade flows and export markets
  • Transportation – what are the main challenges to moving scrap?
  • What are the headwinds caused by the implications of the current tax environment?

Tamara Lundgren, CEO, Schnitzer Steel

10:30    Coffee break

Session II: The American economy and manufacturing

11:15    Automotive: the (head)light at the end of the steel tunnel

  • Growth in automotive production – will this remain a bright spot for American steelmakers?
  • To what extent are EAF technological improvements helping mini-mills cater to the automotive sector?
  • How does growth in automotive translate into prime scrap generation?
  • Will there be enough to cycle back into the scrap stream or will we continue to see prime scrap imports?

Dean Kanelos, Market Development & Product Applications Manager, Nucor Automotive

11:45 Key macroeconomic factors in the US and their impact

  • Examination of some of the key indicators preoccupying the Fed in 2016
  • What impact will these indicators have on monetary, fiscal action and credit availability for American manufacturing businesses?
  • How will manufacturing, housing, energy consumption and construction trends translate into steel demand?

Dan North, Chief Economist, North America, Euler Hermes

12:15 Lunch

Session III: Critical issues in global steelmaking

1:45 Turkish steel capacity utilisation, exports, purchasing activity and global influence

  • How is Turkish steel expected to fare on the export markets? How is the correlation between the import of semi-finished products and export activity affecting this trend?
  • How does regional demand for Turkish flat products differ? Is it expected to continue at current rates?
  • Overview of Turkish scrap purchasing activity – how much, from where and in what direction in this heading?

2:15 Chinese steel imports into the US – how effective can anti-dumping measures be?
  • Overview of cases pending and being opened by US steelmakers against Asian trading partners
  • Details of the newly filed case for the imposition of duties on Chinese flat rolled steel
  • How effective can trade cases by the USA against China be in isolation?  Does Chinese semi-finished sales into other key trading partners render the impact reliable?

Roger Schagrin, President, Schagrin Associates

2:45    South East Asian steelmaking – the growing EAF-based region

  • Shifting patterns of steelmaking prosperity: what are the growth prospects in the ASEAN region?
  • Which countries are experiencing a growth in scrap purchases?
  • How is EAF steelmaking expected to develop in the region?

Ved Prakash, Director, Gemini Corporation

3:15 Networking break

Session IV: EAF Feedstock Dynamics

3:45 Raw materials pricing dynamics: How will metallics prices interact?

  • How is the price of scrap likely to change? What factors will drive a fluctuation in price?
  • How have US scrap exports impacted prices and the domestic market?
  • How long will iron ore prices remain low? Where will recovery come from?
  • What are the potential implications of creating a more market flexible DR pellet premium pricing model? Should the premium reflect iron ore prices more closely?
  • How pig iron imports to the US impacted steel mill procurement decisions?

Atilla Widnell, Senior Metals Analyst, Metal Bulletin Research

4:15 Mini-mill and foundry procurement panel: price reflective strategies

  • What are purchasing managers looking for when determining strategic procurement plans?
  • Do the metallic benefits of pig iron outweigh the often unreliable supply given the geopolitical risk faced by supplier nations?
  • How do transport and logistics costs factor into a procurement strategy?
  • What options are available to navigate a turbulent metallics market? Is procurement hedging or flexibility more favourable in ensuring profit stability?

Sujit Sanyal, President & CEO, Long Products, ArcelorMittal Canada
Stanley Davis, Manager – Scrap Procurement, Steel Dynamics

5:15 End of day one and networking drinks reception






Day two – November 18 2016

Steel Scrap Conference

Session I: Steel scrap keynote presentations

08:30    Keynote panel: Shredder (over)capacity and industry overview

  • What is the raw material to shedder capacity ratio at this point in time?
  • What do capacity utilization rates say about shredding activity?
  • In the current market conditions, what kind of consolidation are we heading towards?

Vince Pappalardo, Managing Director, Brown Gibbons Lang and Company
Bobby Triesch, Vice President – Director of Operations, Newell Recycling

09:15 Keynote panel: The Ohio River valley, the Midwest, the South and the East Coast – regional heavy hitters

  • Pricing discrepancies and arbitrage between the  scrap generating and processing regions: what impact does this have on market participants? How can it be managed?
  • How has the bargaining power of suppliers and buyers changed in recent years?
  • The price deviation of shredded, cut and prime scrap – how will this dynamic continue to play out?

Hank Wilson, Senior Vice President, NA Trading, Tube City IMS
Joel Denbo, Chief Manager of Operations, Tennessee Valley Recycling

10:15 Coffee break

10:45 Panel: North American export markets and demand from abroad

  • What is the future for scrap exports given international competition for raw materials?
  • Will North American scrap companies continue to be vulnerable to purchasing habits of Turkish steel mills and cheap, foreign, semi-finished product substitutes?
  • How are the industry players to calibrate if this trend continues?

Herbert Black, President and CEO, American Iron and Metal
Joe Pickard, Chief Economist & Director of Commodities, ISRI

11:30 Demolition rates in the USA and obsolete scrap generation

  • Things fall apart: what are the projected demolition rates in the US?
  • Geographical segmentation of where building demolition is expected to increase
  • Talking figures: how much scrap gets generated on a project-by-project basis and what could this mean for tradeable volumes?

12:00 Networking lunch

Session II: The international stage and NAFTA scrap markets

1:15 Introducing Mexico: scrap demand, prices and regional differences

  • What are the benefits of establishing prices reflective of local industry dynamics?
  • How divergent are the prices in the different regions and what are the limitations of working off of a distant benchmark?
  • Overview of trends in the Mexican scrap industry – prelude into the experts’ panel

Lisa Gordon, Chief Reporter, Raw Materials, American Metal Market

1:45 Regional panel: Mexico and the Southern States

  • Outlining the fundamentals of supply and demand for scrap products in Mexico
  • Examining the bright spots in steel: Mexico’s automotive future and the resultant demand for scrap
  • How significant is Mexico’s demand for scrap from the energy markets
  • EAF vs integrated steelmaking in Mexico and the impact on scrap demand – what opportunities does this present?
  • The influence of American scrap companies in the Southern US and Mexico

Lane Gaddy, President, W Silver Recycling
Ryan Thrasher, Director of Mexico Operations, OmniSource
Bob Oehlers, Vice President, Zimmer Recycling

2:30 Coffee break

3:00 The implications of major Asian competitors for US scrap exports

  • The depreciation of the yen and availability of scrap exports
  • How active has Japan become in both the prime and obsolete export markets in the marked pull-back of American exports?
  • Has China started to emerge as a potentially significant scrap player?  What factors are likely to boost support for this opportunity, including the lifting of export ban?

Kensuke Kitani, CEO and Chairman, Shimabun Corporation

Session III: The role of intermediaries and financial services

3:30 Ensuring the smooth functioning of terms: Payables, receivables and financial influence

  • How have scrap prices paved the way for new intermediary opportunities, from insurance to lengthening/shortening of payment terms?
  • Which part of the supply chain is being alleviated by these new agreements?  Are some benefitting and others not?
  • Has this become a new paradigm?

Jim Petrou, Risk Management Consultant, Euler Hermes

4:00 End of conference