2017

Dec 06 Mumbai

Industry series - Steel sector

Training dates - December 06 & 07, 2017

Training locaton - Mumbai

Training fee - ₹50,000 + applicable taxes


Summary

 

Has the steel sector turned the corner?

 

After a long spell of financial stress, steel makers are seeing a sharp improvement in profitability because of duty support from the government and healthy growth in production.

 

However, debt repayment capability remains constrained because of sluggish domestic demand, significant under-utilised capacities – especially in the EAF/IF space – and continuing global supply glut.

 

A lot of money lent to the sector has either turned non-performing or remains at risk of default.

 

In such a scenario, what should be the strategy to recover non-performing assets? What should be the banker’s approach to fresh lending in the steel sector?

 

CRISIL’s programme will analyse the current business scenario, emerging trends, the resilience of business models (based on integration, product segments and technology), and the nuances of the entire steel value chain (CRISIL’s segment-level analysis of the value chain quantifies the financial distress and potential for recovery) to help you arrive at crucial decisions.

 

Key learnings

 

The program will cover, in granular detail, the following:

 

  • Global steel sector dynamics and their bearing on the domestic market
  • Trends in product mix (basis end-use sectoral trends) and implications of technology
  • Volatility in raw material prices and their linkages to cost
  • Dissection of financial stress and prospects based on business model
  • Company performance and credit risks