U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index

Futures and Options
Globex Code
HRCM5
Last
835.00
Change
-18.00 (-2.11%)
Volume
94
Last Updated26 Mar 2025 12:31:53 PM CT.
Market data is delayed by at least 10 minutes

Protect margins, hedge physical positions, offer floating and fixed price physical transactions, and mitigate price risk more effectively with HRC Steel futures and options. The HRC Steel contract is settled against industry-approved price indices, disseminated by a respected price reporting agency.

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Features and benefits

More transparency

Access a central point of price discovery and transparency, with contracts settled against industry-leading price indexes. 

Greater capital efficiency

Gain competitive margin offsets between various ferrous and non-ferrous products.

Mitigate market risk

Benefit from effective hedging mechanisms for mining companies, steel mills, steel service centers, distributors, merchants and end-users.

See how traders are using Steel futures and options

Learn how other market participants use Steel futures to manage event risk and reduce portfolio volatility.

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Explore this product in depth

Review contract highlights

  • Contract Unit
    20 short tons
  • Price Quotation
    U.S. dollars and cents per short ton
  • Product Code
    CME Globex: HRC
    CME ClearPort: HR
    Clearing: HR
  • Trading Hours
    Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Last Updated26 Mar 2025 12:32:12 PM CT.
Date
Future VolumeOptions Volume
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Looking to start trading?

Deepen your market knowledge before you start to trade Steel futures. Receive bi-monthly content from CRU Group to keep tabs on the U.S. Steel market and inform your future trading decisions.

View the latest insights on trends in the Metals market.

Courses

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Take self-guided courses on Steel futures and options products.

If you're new to futures, the courses below can help you quickly understand the Steel market and start trading.

1 module
Hedging with Hot Rolled Coil (HRC) Steel Futures Contracts
Launch lesson

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