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Steel Pricing Stratagems

Guidance from a "Pro"

Patrick McCormick, former VP Global Steel Purchasing at Emerson, joined World Steel Dynamics as a managing partner in 2006 heading up WSD's new Stratagems Consulting Service. Philipp Englin, also formerly with Emerson, was an addition to the WSD Stratagems team in 2008 supporting the rapid expansion of the service. He has added depth to the analytical side of the service and speaks several foreign languages.

Our Strategic Infomation Service has consisted largely of: a) information systems that track the steel industry's condition; b) an "early warning system" that seeks to anticipate steel pricing developments; and c) reports that analyze and forecast changes in the industry's structure and the mills' "pricing power."

In addition, WSD now offers management consulting and price-risk-management services to those that buy and sell steel. On a confidential and hands-on-basis, Pat advises clients on approaches that may improve their steel buying and/or selling performance, while at the same time reducing risk.

WSD Steel Stratagems
- - - New WSD Service - - -

Direct support to buyers and sellers

  • Purchasing strategies
  • New market trend analysis
  • Negotiation Support
  • Steel financial transactions
  • Performance monitoring
  • Buying and selling issues
  • Consortium buying
  • Special price hedging
Best practice benchmarking
     Are you buying right?     Are you selling right?

 

Strategic Information System
- - - Traditional WSD Service - - -

Early Warning System. Reports include:

  • Global Steel Alert
  • Inside Track
  • Truth & Consequences
  • Steel Thermometer
  • Cyclone
Proprietary information systems include:
  • SteelBenchmarker™ Prices
  • World Cost Curves
  • Global Metallics Balances
  • Global Steel Finance
  • Global Steel Alert (monthly deliveries, imports and exports by product)
The Annual Steel Strategist Steel PriceTrack™ database
Core Reports and Monitor Reports Strategic consulting / competitive assessments
Steel Success Strategies Conferences Investment banking support

Please contact Pat at 201 503-0920 or pmccormick@worldsteeldynamics.com

Please contact Phil at 201 503-0908 or penglin@worldsteeldynamics.com