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Webinars

US Flat-Rolled Contracts Under Negotiation

Sim-2-Live
Thursday, 1 October 2026 at 11am EDT

What we'll cover

Market Overview
Current supply-side analysis, demand drivers and prevailing sentiment
Raw material realities
Ferrous scrap, pig iron price behavior and how those may impact contracts
Contract evolution
Discount levels, contract structures and other shifts impacting 2027 pricing
Price transparency
What defines an effective market index and how to use it

Why register

  • Know where 2027 contract talks are heading: Get early signals on mill strategies, buyer positions, and the policy shifts that could reshape supply and trade flows across North America.
  • Understand pricing risk and raw material exposure: See how ferrous scrap, pig iron and spread dynamics will influence flat-rolled costs — and what that means for your negotiation levers.
  • Learn how steel contract structures are evolving: Find out which models — fixed price, index-linked or hybrids — are gaining traction and how indexation can minimize disputes and volatility. 
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Speakers

Michael Fitzgerald
VP Business Development, Argus

Michael Fitzgerald is the VP of business development for metals at Argus with a focus on growth and usage of Argus prices throughout different metals industries. He previously served as the managing U.S. ferrous editor at S&P Global Commodity Insights, directing coverage and prices of finished steel and raw materials. He has spent the past 14 years covering and analyzing the global steel market with a focus on North America.

Bradley MacAulay
Deputy Editor, Argus

Brad MacAulay is the ferrous deputy editor for Argus Scrap Markets based out of Pittsburgh, where he writes and edits news and analysis on the US domestic and global ferrous scrap markets. He has covered metal commodity markets for 14 years, spending the first three as an analyst. Prior to joining Argus in 2019, he covered non-ferrous scrap at American Metal Market.

FAQs

The webinar covers 2027 US flat-rolled steel contract negotiations — including the market and trade-policy backdrop, raw material overview, contract structures, and the role of price indexation. It is designed for procurement, risk, supply chain and sales teams at mills, OEMs and steel service centers in North America.

The webinar takes place online on 1 October at 11:00am EDT and runs Sim-2-Live, meaning a pre-recorded segment followed by live Q&A with the Argus speakers. Register on this page and you will receive joining instructions by email ahead of the session.

The US steel market has faced persistent supply constraints over the past 12 months, driven by high tariffs and strong demand. At present, market dynamics have shifted leverage toward mills. For 2027, supply discussions are expected to center on mills seeking more favorable contract terms while buyers evaluate their options for alternative supply next year.

Ferrous scrap is a primary input for US electric-arc-furnace steelmaking, so scrap price movements feed directly into flat-rolled steel production costs. Pig iron is often used to dilute scrap and control residuals, so pig iron spreads to scrap also influence delivered flat-rolled costs and negotiating positions.

An index-linked steel contract prices deliveries by reference to a published market index — such as an Argus flat-rolled or scrap assessment — rather than a fixed number agreed months in advance. It reduces disputes by tying settlement to observable market prices and reduces the volatility risk carried by either side.

The webinar is aimed at procurement managers, risk leads, supply chain strategists and sales teams at US steel mills, OEMs and steel service centers. It is also relevant to distributors and traders exposed to US flat-rolled pricing, and to finance and treasury teams managing steel cost risk.

Yes. This session is Sim-2-Live, meaning the recorded content rolls over to a live Q&A with Michael Fitzgerald and Bradley MacAulay. Attendees can submit questions during the session on trade policy, contracting approaches, scrap and pig iron dynamics, or Argus assessments.

The webinar is free to attend. Registration is required to secure a place and to receive the joining link and any post-webinar materials.

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About Argus Media

Argus is the leading independent provider of market intelligence to the global energy and commodity markets, offering price assessments, news, analytics, consulting, data tools and industry conferences. Headquartered in London with 1,500 staff across 30 offices, Argus's metals experts provide in-depth pricing, news and analysis across nonferrous metals, rare earths and battery materials.