Usage Procedure – How to use the CBAM Calculator Sheet

INPUT
PARAMETERS section (Highlighted in blue)

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

Hedging for recyclers - Become an expert in 6 hours
by Jorge Eduardo Dyszel (LME - Certified Risk Management Consultant)

Commodity price volatility can directly affect recycler margins, inventory valuation, purchase decisions and commercial commitments. AL Learn brings the third edition of its specialised hedging course with Jorge Dyszel, designed specifically for metal recyclers, scrap traders, commercial managers and industry professionals exposed to volatile aluminium, copper, lead and other base metal markets. This 6-hour online executive programme gives participants a practical understanding of price risk, currency exposure, price fixation and hedging strategies using futures and options. The course is built around real business situations, not unnecessary theory, with direct applications to the recycling industry and market logic drawn from LME and CME tools.

You’ll see:

Metal price risk management for recyclers
How commodity price volatility affects margins and inventories
Price fixation, currency exposure and commercial timing risks
Futures and options hedging strategies using LME and CME logic
How to build a practical risk management policy for recycling businesses

Duration 6 hours

Format 6 online sessions

Mode Online

Time 7:30 PM - 8:30 PM IST | 4:00 PM - 5:00 PM CEST

Dates 20, 22, 24, 27, 29 and 31 July 2026

Session length 1 hour per session

Course fee and offers Standard fee: USD 350 per participant
Early bird offer: USD 280 per participant (20% off)
Valid until 30 June 2026
Group offer for 3+ participants: USD 262.50 per participant (25%off)
Book 1 seat, then the team will reach out to onboard other group members.

Why does this course matter?

Here’s why attending is essential:

Gain a clear understanding of how commodity prices are formed and why volatility exists in base metal markets.
Learn how price movements affect recycler margins, inventories, purchase timing and sales commitments.
Understand price fixation and the critical exposure points in the recycling business model.
Explore practical futures hedging strategies for aluminium, copper, lead and other base metals.
Learn how options can help protect margins while preserving upside opportunities.
Build a more professional internal risk management culture across commercial, finance and management teams.

Who should attend the course?

This course is ideal for professionals exposed to metal price volatility, including:

Metal recyclers and scrap traders
Commercial managers
Purchasing and procurement managers
Financial managers
Risk management professionals
Base metal traders
Aluminium, copper and lead market professionals
Industry executives managing inventories, pricing and commercial exposure
No prior hedging experience is required.

Course Structure

Session 1: Prices, risk & volatility 

Objective:

Understand how commodity prices are formed and why volatility matters to recyclers.

Topics covered:

How commodity prices are formed
Why volatility exists in metal markets
How price movements affect recycler margins
Impact of volatility on inventories and commercial decisions

Session 2: Recycler dynamics & price fixation

Objective:

Identify exposure points in the recycler business model and understand price fixation risks.

Topics covered:

Recycler business model analysis
Critical exposure points
Pricing mechanisms
Timing of price fixation
Operational reasons for risk mitigation

Session 3: Risk mitigation via futures

Objective:

Learn how futures can be used to manage metal price risk in recycling businesses.

Topics covered:

Futures hedging strategies for recyclers
Practical use cases in volatile markets
Real-world examples of hedging failures
Mismatch and non-performance situations

Session 4: Practical hedging exercises

Objective:

Apply hedging concepts through hands-on market scenarios.

Topics covered:

Risk mitigation exercises
Aluminium hedging scenarios
Copper and lead hedging examples
Commercial simulations based on recycler exposur

Session 5: Options for recyclers

Objective:

Understand how options can help recyclers manage risk with greater flexibility.

Topics covered:

Introduction to options markets
Use of calls and puts
Protecting margins with options
Preserving upside opportunities
Flexible hedging structures for recyclers

Session 6: Integrated risk management policy

Objective:

Learn how recycling companies can design a practical internal risk management framework.

Topics covered:

Building a risk management policy
Internal controls
Commercial decision-making processes
Practical risk governance for recycling companies

Certification

Participants will receive a joint certificate issued by AL Learn and Jorge Dyszel / Teach4Life, recognising practical competency in metals price risk management and hedging fundamentals.

PRODUCTS

COMPANY

LANGUAGES

Hedging for recyclers - Become an expert in 6 hours by Jorge Eduardo Dyszel (LME - Certified Risk Management Consultant)

Why does this course matter?

Who should attend the course?

Necessary

Preferences

Statistics

Marketing

Hedging for recyclers - Become an expert in 6 hours
by Jorge Eduardo Dyszel (LME - Certified Risk Management Consultant)