Agenda

Please consider provisional and check back for updates. To see the combined Aluminum and Steel Market Update Summit agendas click here.

11:45

Aluminum Hedging 101

Description:

PART 1: Introductory Concepts -The “Why?” of Hedging -The Basic Practices -Facilities (trading venues) -Futures vs OTC Markets, Margins and Credit -Understanding your Risks

PART 2: The Unique World of the London Metal Exchange -a brief history -key features/unique aspects of the exchange -the LME trading day and terminology -connecting to the physical world

Part 3: Application of Concepts -case studies -forwards, averaging, options -Conclusions

Spencer Johnson

Spencer Johnson

Head of Ferrous Training

StoneX Financial Inc.

Spencer Johnson is a 16 year veteran in the world of ferrous and nonferrous futures, all of them with StoneX (formerly FCStone Financial Inc.) During this time StoneX has helped launch and clear some of the first trades in several of the contacts now common to the ferrous industry. Over that time StoneX has worked with every type of market participant to formulate risk management and trading strategies for steel and base metals derivatives. Spencer has also worked tirelessly to grow liquidity and provide access to these new ferrous markets for its clients as currently, the longest serving members of the London Metal Exchange’s steel committee.

Jacob Blood

Jacob Blood

Director – Commodity Execution & Risk Analytics

StoneX Group Inc.

Jacob Blood joined StoneX in 2019 and has experience in commodity markets working closely with StoneX Commercial, and Industrial Customers to manage and execute hedge programs. These hedge programs vary across commodities, horizons, and hedge methodologies and his experience in trade execution spans both physical and financial markets. Jake also leads hedge program reporting and benchmarking via StoneX's Know-Risk™ software platform to ensure organization-specific hedge objectives are met and strategies are refined accordingly. Jake holds a BA in Economics with a minor in Business from the University of Illinois at Urbana-Champaign.

Lucian Zebrowski

Lucian Zebrowski

Base Metals Analyst

StoneX Group Inc.

Lucian Zebrowski joined StoneX in 2025 and works with the Corporate Base Metals team in NY. He covers the entirety of the base & battery metal complex, with a primary focus on aluminum markets dealing in LME and regional premiums. Lucian assists a variety of clients spanning from recyclers to end users in developing and executing financial hedge programs. Lucian holds a BS in Finance from Binghamton University.

13:15

Keynote Presentation: How the Future of Automobiles Could Impact the Steel Industry

Description:

This presentation frames the future of automobiles based on maturing and emerging technology, and global competition. It then assesses how this future could impact the use of materials in vehicles with focus on steel and aluminum. It concludes with advice on how to position for the future.

Lawrence D. Burns

Lawrence D. Burns

Business Advisor

AND, ET AL LLC

Lawrence (Larry) D. Burns advises organizations on the future of mobility, logistics, manufacturing, energy and innovation. His current clients include Kitson & Partners, Niron Magnetics, Atomathic and Nanoramic Laboratories. Larry served as General Motors Corporate Vice President of Research & Development and Planning from 1998-2009. Between 2010 and 2022, Larry was a consultant to Waymo (Google Self-Driving Cars), Professor of Engineering Practice at the University of Michigan, Director of the Program for Sustainable Mobility at Columbia University, and an advisor to several major companies.

Larry is the world’s leading authority on how autonomous electric vehicles used in transportation services will transform the way people and goods move around and interact. He coined the phrase “age of automobility” to describe this future in his book, Autonomy: The Quest to Build the Driverless Car And How It Will Reshape Our World (Ecco / HarperCollins, August, 2018).

Larry is an informative, engaging and forward-thinking speaker and has made more than 500 keynote, conference and media presentations around the world. He focuses on accelerating the “age of automobility” and educating industry leaders, policymakers, technologists and engineers on how to position to succeed in this exciting and compelling future. Larry has been featured in The Atlantic, Wall Street Journal, Washington Post, BBC, Forbes, USA Today, 60 Minutes, NBC, Bloomberg, and more.

Larry has a PhD in civil engineering from the University of California-Berkeley and is a member of the National Academy of Engineering and the ITS America Hall of Fame.

14:20

Break

15:45

Fireside Chat

Barry  Schneider

Barry Schneider

President and Chief Operating Officer

Steel Dynamics, Inc.

Barry T. Schneider was appointed President and Chief Operating Officer in March 2023. Mr. Schneider is responsible for the company’s steel platform, steel fabrication platform, and metals recycling platform. Prior to that, Mr. Schneider served as Senior Vice President, Flat Roll Steel Group responsible for the company’s entire flat roll steel operations, including the company’s three flat roll steel mills and numerous flat rolled processing, coating, and distribution operations. Mr. Schneider has been with Steel Dynamics since 1995, serving in various operational and leadership roles within the company’s steel operations, including Engineered Bar Products Division and Butler Flat Roll Division. He was also part of the team that constructed the company’s first steel mill in Butler, Indiana.

Mr. Schneider earned a bachelor’s degree in mechanical engineering and a master of science in engineering management from Rose-Hulman Institute of Technology. He also received an Executive Certificate in Technology, Operations, and Value Chain Management from the MIT Sloan School of Management. In addition, Mr. Schneider serves as President of the Association for Iron & Steel Technology.