20/06/2017 - 21/06/2017
48th FARO Meeting | Verona

A new FARO EXPERIENCE is scheduled for 20/21 June in Verona!

 

 

 
Preliminary Program
Tuesday 20 June
Location: Ospedaletto di Pescantina (Verona - Italy) – at Villa Quaranta Park Hotel congress center
CLUB TIME
07:30
Yoga session in nature, or by choice, jogging with Club Partners
   
09:00
Registration & Welcome Coffee
Moderator: Paolo Kauffmann – Founder FARO
ECONOMIC BRIEFING - MACRO CONTEXT
09:30
International Economic Scene: Europe – America – Asia – China
Arrigo Sadun – President of TLSG, International Advisors
11:00
Refreshment Break and One to One Meetings
COMMODITY BRIEFING
INTERMARKET ANALYSIS – COMMODITIES OUTLOOK
11:30
Ferrous Metals Outlook
Alessandro Fossati – Ceo, Gamma Trade Sa
12:00
Non Ferrous Metals Outlook
Ed Meir - Senior Metals Analyst, INTL FCStone Inc
12:30
Intermarket Analysis
Commodities markets and stock exchanges: technical analysis and correlations
Andrea Guarneri - Forex and Commodity Trader, Kommodities Partners Sa
13:00
Buffet Lunch and One to One Meetings
KERB TIME
14:30

Panel discussion aimed to express the market situation of the industry, presented by the members of the FARO Board.
Copper and alloys, Zinc and Lead, Aluminium and alloys, Steel and Scraps.
Demand and offer trends – Order book - Spot prices – Premiums

General coordinator and moderator:
Roberto Cavani - Sit Spa

Panellists:
Antonio GerliEuromet Sa
Piero Lagattolla - Cauvin Metals Srl
Laura Montelatici - KME Italy Spa
Paolo Menossi - Global Consulting Team
Romano Pezzotti - Fersovere Srl

GROUP COACHING
15:30
Coaching for decision making
The kick off of an exciting new program involving the Club.
19:00
Close of the first day Meeting
20:00
Networking Dinner
 
 
 
Wednesday 21 June
Location: Verona – at Metef 2017, Veronafiere (Verona – Italy)
14:00
Registration
14:15
Opening and Welcoming remarks
Paolo Kauffmann – Founder FARO
 
Moderator: Claudio Mus - Technical - R&D Director, Endurance Overseas
AUTOMOTIVE BRIEFING
GLOBAL ECONOMY AND AUTOMOTIVE MARKET SCENARIO
Take the opportunity to explore all the important issues impacting the global automotive industry: new heights and record sales are accompanied by challenges, brought on by socioeconomic trends, political turmoil, technological changes (the rise in the EV demand) and potential disruptors (autonomous vehicles); regulatory requirements. These factors are all poised to reshape the industrial landscape significantly, in the near future.
14:30
Macro Context: Europe – America – Asia – China
Fred Demler – Executive Vice President, LME Metals, INTL FCStone Inc
15:00
Global automotive industry outlook
Pete Kelly - Managing Director, LMC Automotive
15:30
Materials for the automotive industry.
Automotive castings – growing applications and solutions for lightweighting
 
M. Scott Ulnick - Chairman & Managing Principal, Ducker Worldwide
16:00
Direction of mobility trends – The strategic role of technologies
16:30
Q&A session
17:00
Networking cocktail
Open session for visitors and exhibitors of Metef 2017.
For the entrance ticket, please register on
www.metef.com

 

 

ADDITIONAL OPPORTUNITY DURING METEF: FARO COWORKING AREA
Private Meetings with Ed Meir - Senior Metals Analyst, INTL FCStone Inc
Get the opportunity to meet Ed Meir, the award-winning analyst for the accuracy of his forecasts, for personalized advice.
On 21 and 23 June, you can reserve 50-minute slots, during which you will receive a personalized market overview by the expert.
Slots will be allocated based on preferences, in consideration of the arrival of reservations.

 

 

Fred Demler – Executive Vice President, LME Metals, INTL FCStone Inc
Fred Demler is Executive Vice President – LME Metals.  INTL FCStone is a leading Ring Dealing Member of the London Metal Exchange. 
INTL’s Metals Division offers a full range of hedging and trading services from trade execution and contract clearing in LME and other international futures and OTC cleared products to research, hedge strategy analysis and design, and hedge workshops. Prior to joining INTL in 2011, Mr. Demler worked for MF Global (1993-2011) for 18 years as the Global Head of Commodities managing metals, energy, agricultural products, and the emerging markets such as power, emissions, and OTC cleared products.  Mr. Demler also worked in various sales, research, marketing, and management capacities at PaineWebber (1990-1993), Drexel Burnham (1983-1990), and Exxon (1980-1983). He has a Ph.D. in Mineral Economics from the Pennsylvania State University where he was an instructor and did post-graduate research for the National Science Foundation, the U.S. Bureau of Mines, and Resources for the Future. As an undergraduate, Fred was also on the Penn State football team. Fred writes periodic reports on the commodities markets; price-risk management and forecasting, teaches various workshops on hedging, lectures at various universities domestically and internationally, and has advised the Bank of England, the Bank of Japan, and the Bank of France, G-20 and the G-30 (Group of 30) on the commodities markets, the impact of the funds, and the role of China in the commodity markets.
Alessandro Fossati - CEO, Gamma Trade Sa
He started his career as a consultant in M&A, taxation and corporate finance to join, as a second step, Duferco where he grew up as a steel trader. After a few years in MMK as export manager he worked as an advisor in the steel and raw material field by brokering, forecasting and benchmarking steel and raw material trends and prices as a basis for long/short position planning. After this experience, he joined Deltasteel Ireland Ltd, a more than twenty years trading company, where he managed the steel business unit mainly focused in import of Chinese steel into Europe, adding value to European manufacturer through logistic, financing and hedging services. Since November 2016 he is CEO at Gamma Trade Sa, a Swiss based trading house, active in steel and related raw materials.
Andrea Guarneri - Forex and Commodity Trader, Kommodities Partners Sa
He assumed in March 1995 the management of the family farm (170 hectares).
In the meanwhile he develops the activities of financial hedging of USA markets grains.
Then spreads his knowledge on the trading of all major commodities and related indices. Since September 2006, he played the role of technical analyst and trader on non-ferrous metals on LME and Forex.
He is teacher in technical analysis and financial instruments such as futures and options training courses. He has held  lectures on the financial markets at the Bocconi University of Milan. Andrea Guarneri is interviewed on a weekly basis from the financial channel CNBC Class.
Currently he has been working as technical analyst and trader on commodities, forex and indices at Kommodities Partners SA.
Pete Kelly - Managing Director, LMC Automotive
Pete Kelly is Managing Director of LMC Automotive, a leading provider of global automotive industry market intelligence and forecasts with offices in the UK, Germany, the US, China and Thailand. Pete oversaw the acquisition of the Global Automotive Forecasting Group of J.D. Power and Associates in 2011, which is now LMC Automotive. In addition to overall management responsibility, Pete acts as the company’s global Light Vehicle industry analyst. He also focuses on product development for the company. Prior to leading LMC Automotive, Pete was Director of the European arm of J.D. Power and Associates’ Forecasting Group, working there for almost a decade with involvement in light and heavy vehicle forecasts and consulting services. He also spent a year working for LMC International, as Head of Tyre and Rubber Research, before his current role. Earlier in his career, Pete worked as an editor for the world’s largest publisher of scientific journals. He graduated from the University of Sheffield with a Dual Honours Degree in Astrophysics.
Ed Meir - Senior Metals Analyst, INTL FCStone Inc
He has been in the commodities business for about 30 years in various capacities. After getting his Bachelor of Arts degree in economics and his MBA from New York University in 1980, he started his career as a futures research analyst covering the sugar, coffee, and cocoa markets. He then spent the next 18 years in the physical markets, trading aluminum, tin and steel. He provides award-winning research commentary on base and precious metals as well as on a number of other commodities.
Arrigo Sadun – President of TLSG, International Advisors
From 2005 to 2012 he held the position of Executive Director of the International Monetary Fund for Italy, Albania, Greece, Malta, Portugal, San Marino and Timor-Leste. Previously, Dr. Sadun had held the following positions: Director of  economic and financial analysis at the Italian Finance & Economic Ministry in Rome; President and founder of  Business Information Group - BIG ( an economic consulting serving customers in Europe and in the USA); President of the WEFA Group, a worldwide leader in economic forecasting & consulting firm established by the merger of Wharton Econometrics & Chase Econometrics); President of Chase Econometrics, Inc. and Vice President of Chase Econometrics-Europe, Brussels, Belgium. Dr. Sadun holds a PhD and a M.A  in International Economics from The Johns Hopkins University, Washington D.C.- USA; and a degree in Political Science from La Sapienza University, Rome. He was born in Bologna, he is married with two children.
M. Scott Ulnick - Chairman & Managing Principal, Ducker Worldwide
Scott Ulnick is Chairman of the Board and Managing Principal of Ducker Worldwide, a research, strategic consulting and transaction advisory firm. He joined the Detroit office of the Firm in 1990 following a career with Unisys Corporation where he held positions in marketing, product development and program management. Mr. Ulnick routinely consults leading industry and investment concerns on strategic improvement, growth initiatives and buy side transactions. In this advisory role he participates in up to 100 projects a year, ranging from OEM to supplier to material issues, and covering functional topics from investment & acquisition, commercial diligence, product development, marketing strategy and competitive analysis. Industries of particular expertise include automotive, commercial vehicles, construction products/materials, aerospace, materials & materials forming, consumer durables, and industrial products. He holds an BBA and MBA from Michigan State University.
And many more...

RECOMMENDED HOTEL

We suggest you to book soon your overnight stay in Verona.
A great attendance is expected for the Metef Expo and for the Opera Season at Verona Arena; We have selected the two closer hotels to the location, with which is agreed special rates (B&B treatment). The hotel costs are borne by the participant. The secretariat of FARO Club is not responsible for bookings.

----------------- Only for bookings regarding the night of 19 June - in the same Hotel of the first day Meeting sessions -------------------------
VILLA QUARANTA PARK HOTEL****  | Ospedaletto di Pescantina (VR), Verona - Italy
Special rate double room single use: 122€ (per room per night, including 10% VAT)
Special rate double room: 161€(per room per night, including 10% VAT)
Contacts: Ph: +39 045 6767300 - info@villaquaranta.com
Cancellation policy: with a credit card guarantee, you can cancel the booking:
- from 05.06 to 12.06.17: 75% total amount due for overnight stay charge
- from 13.06 to arrival date: 100% total amount due for overnight stay charge
- no show: 100% charge for the total amount due for overnight stay
NB: To use them, you should refer to: 48th FARO Meeting and proceed autonomously with the booking

----------------- For bookings regarding both 19 and 20 June -------------------------
MONTRESOR HOTEL TOWER****  | Bussolengo (VR), Verona - Italy
Special rate double room single use: 122€(per room per night, including 10% VAT)
Special rate double room: 161€(per room per night, including 10% VAT)
Contacts: Ph: +39 045 67 61 000 - info@montresorgroup.com
Cancellation policy: with a credit card guarantee, you can cancel the booking:
- from 05.06 to 12.06.17: 75% total amount due for overnight stay charge
- from 13.06 to arrival date: 100% total amount due for overnight stay charge
- no show: 100% charge for the total amount due for overnight stay
NB: To use them, you should refer to: 48th FARO Meeting and proceed autonomously with the booking


Alternatively, you can search for accommodation using this web site http://www.hotel.info/en/ (choose Verona as location).

 

We thought for you a special program ... Stay Connected!

 

20 JUNE
The first day Meeting sessions will be held in the Villa Quaranta Park Hotel congress center.
Via Ospedaletto, 57 - 37026 Ospedaletto di Pescantina (VR) - Verona, Italy



21 JUNE
The Automotive briefing will be held in the Metef conference room at Veronafiere
Viale del Lavoro, 8 - Verona

 

Extremely interesting, expecially due to the level of the speakers that is really high.
CEO | Brembo Poland Sp.z.o.o.

It’s an opportunity for the industry to share its view and very effective too.
Chief Commodity Strategist | Noble Group

It’s a great opportunity to be here especially because I learn a lot and I also hope to have taught something interesting to the attendees.
Executive Vice President Operations | FIAMM Spa

I think it was very exciting and also interesting! It was my first time this time... I’m not used to be in such an exciting session.
There are a lot of different points of view about the materials, about the uses, about also the sustainability. And we are most committed in sustainability so for us it was really an interesting point of view.

Al Alloys R&D Manager | RAFFMETAL Spa

This was my first experience with FARO but it proved to be a great experience.
We met with a lot of companies from the physical industry, which is very important for the exchanges and the commodities exchanges, like the LME, to be in touch with the representatives of the industry. It was a wonderful event.

Business Development Associate | London Metal Exchange

Very interesting with a lot different opinions and information I didn’t get before.
Head of New Business Development and Marketing | Georg Fischer Automotive

I’m very pleased with this edition. It’s my first time at FARO - I have a colleague who was there last year who talked about packaging.
We’ve had a very nice and interesting overview of various materials that I use today for the automotive industry, the market prospective, from the car, also from the content of aluminum.
We’ve had an interesting prospective from a new country, not a new country but a country where there is clearly a growth perspective – Iran –, and an overview with the various materials with the panel discussions.

Marketing Director, Packaging and Automotive Rolled Products | Constellium

It’s well organized! A lot of very good speakers, the collaboration both in the session and out of the session has been fantastic... The venue is superb!
It’s nice to be in around cars and the excitement around on cars. It’s a kind of new revolution that’s happening in commodities which the FARO club and its members follow.
To do it in a venue like this with the caliber of people has been great!

Chairman & Managing Principal | Ducker Worldwide

This event is very interesting for me and I had the opportunity to explain what our company did, do and will do in the future.
This is very important for suppliers because we try to give and to create our future but we have to work with our suppliers: the future will be created by ourselves with our suppliers so if we work together we will achieve good results.
I hope we will have more possibilities to exchange this kind of information... Thank you again I’m glad to introduce our company and our material overview!

Head of Metals Department | CRF (FCA Company)

It’s a very interesting event! The format we have which is broad is going to provide a lot of information for the delegates.
It’s also very interesting to have the panel discussion: it’s a great way to have engagement with the audience and also with the experts so the people from industry who know a lot of information.
It’s a very good way to tackle a broad ring of issues. When we do our own seminars we will probably adopt one or two of the features… it’s a good way to make an enjoyable day!

Managing Director | LMC Automotive

It’s very interesting because it’s an exchange of information between people from other parts.
It’s a very good time for people to exchange ideas, what’s going on in their business in the automotive industry and other businesses in the future.

Member of the Board | Iranian Auto Parts Manufacturers Association

The venue is superb. I’m a car lover, I’m a Formula One lover so to hold a prestigious event in a prestigious venue...
Chief Engineer, Advanced Technology & Annual Process Development - Body Engineering | Jaguar Land Rover

Aluminium plays a very important role in the automotive industry so I think this kind of meetings are very important just to understand the future trends of this kind of metal.
Purchasing and Supplier Development | Ferrari Spa

I really enjoyed. So far I met a number of business contacts and analysts. I’m working with marketing myself so it’s been good knowledge
Marketing Manager | Alcoa Global Primary Products

I think it’s a very good networking session. Very good to meet intimately with our customers and the Italian industry as a whole.
Chief Marketing Officer | Emirates Global Aluminium

I think is interesting because brings together people from industry, analysts, consumers and producers. It’s good to have a point of view that runs the industry
Commodities correspondent | Financial Times

FARO gives to us also the opportunity to learn something about technics, about metals, how to implement the view we have.
Honorary President | Fonderie Zanardi Spa

I think it’s very good well put together by Paolo and his team. Very interesting debate we had this morning and I think it’s some will say knowledge is a very powerful weapon
Head of Metals Research | Societe Generale Corporate and Investment Banking

It’s been fantastic here. From the prospection of London Metal Exchange we really value the relationship with FARO.
Head of Business Development | London Metal Exchange

FARO is a new concept for Italy for the future. It is made by people who want to find new ideas together. 
President | Eataly

I think that Paolo Kauffmann and his staff have been great to find the right equilibrium between touching different fields and keeping on beeing focused on the target in a wonderfull context.
Trader

A lot of good financial experts on the macro and micro economy.
It's a learning and educational experience. It's one of the best organized and professional conferences I have ever attended in my career.
Global Head of Metals | INTL FCStone Inc.

Very impressive, very professional. Good speakers, even better conference than guessed. I’m impressed.
Head of Research | RK Capital Management LLP

The FARO meetings allow us to really get to know our clients on a personal level, which is rare in today's conference environment. FARO enables attendees to relax and develop relationships like no other event due to the brilliant locations and fantastic atmosphere.
The last meeting had a formidable line up of speakers all of whom gave a fascinating insight into the markets. I cannot recommend FARO highly enough for both networking and a thoroughly enjoyable event.

Global Sales Director | Fastmarkets Ltd.

It was interesting to see the different view of different actors:  financial, fabricators, producers that are involved in our business.
Metal Business Director | KME Italy Spa

FARO is the best solution to know people and colleagues from of all over the world.
Head of Administrative Department | Montenegro Srl

Thank you to the FARO team for organizing an excellent event in Fontanafredda – Serralunga D’Alba, both for content and quality of speakers & attendees. Your conferences are always impeccable and located in the most prestigious areas across Italy. I look forward to the next one!
Associate Director | ETF Securities (UK) Ltd.