Aluminium recyclers face rising price risk exposure: AL Circle brings back hedging course for fourth edition

Commodity price volatility continues to create a significant commercial challenge for aluminium recyclers, affecting inventory valuation, purchase decisions, sales commitments and margins. As businesses navigate increasingly dynamic metal markets, understanding how to identify and manage price exposure is becoming an important part of commercial risk management.

Against this backdrop, AL Circle is bringing back its specialised “Hedging for Recyclers: Become an Expert in 6 Hours” programme for its fourth edition, designed to help recyclers, scrap traders and other metal-market professionals build practical capabilities in commodity price risk management.

Price volatility puts recycler margins under pressure

For aluminium recyclers, exposure to aluminium prices can emerge at several stages of the business cycle. The timing of scrap purchases, inventory holding periods, price fixation, customer commitments and final sales can all influence the commercial outcome of a transaction. A market movement during this period can therefore change the economics of a position, making price risk management increasingly relevant to businesses operating with tight margins.

Rather than relying solely on market direction or attempting to predict the next price movement, hedging provides businesses with tools to manage exposure and reduce the potential impact of adverse price movements. However, applying these tools effectively requires an understanding of how financial markets interact with physical recycling operations.

From price exposure to risk management: What the course covers 

This six-hour online executive programme is built specifically around the risk-management requirements of the recycling industry. The course covers discussion around commodity price formation, volatility, price fixation, currency exposure and commercial timing risks, alongside futures and options strategies based on LME and CME market logic. The programme is structured across six sessions, moving from the fundamentals of price risk and recycler dynamics to futures, practical hedging exercises, options and integrated risk-management policies.

Participants will work through aluminium, copper and lead scenarios, including practical hedging situations and commercial simulations based on recycler exposure. The course also addresses potential hedging failures, mismatch and non-performance situations, helping participants understand the practical complexities that can arise when managing commodity risk.

Building risk-management capability beyond individual transactions

The programme also focuses on how businesses can move from transaction-level hedging towards a more structured internal risk-management framework. This includes understanding exposure points, establishing internal controls and developing commercial decision-making processes that can support a more professional risk-management culture across commercial, finance and management teams.

The course is led by Jorge Eduardo Dyszel, an LME-certified Risk Management Consultant with more than four decades of experience in risk and risk mitigation, specialising in metals futures and the LME. His experience spans global metals businesses and risk-management assignments across more than 15 countries on three continents.

A timely opportunity for aluminium recycling professionals

The fourth edition comes at a time when recyclers are increasingly required to make commercial decisions while managing uncertain price conditions. For businesses exposed to aluminium, copper, lead and other base metals, the ability to understand price exposure and evaluate appropriate hedging strategies can strengthen decision-making across procurement, inventory, sales and financial management.

The programme requires no prior hedging experience, making it relevant not only to experienced risk professionals but also to recyclers, scrap traders, commercial managers, purchasing and procurement professionals, financial managers and base-metal market participants.

Details of the course

The fourth edition of “Hedging for Recyclers: Become an Expert in 6 Hours” will be held online across six sessions on November 9, 11, 13, 16, 18 and 20, 2026, from 07:30 PM to 08:30 PM IST. For professionals looking to move beyond simply tracking aluminium prices and develop a more structured approach to commodity price risk, the upcoming edition offers a focused opportunity to build that capability. Register for the fourth edition of Hedging for Recyclers.