Metals

Ferrous Metals futures and options

Hedge with confidence using financially settled contracts and industry-leading price indices.

Contact an expert
View all products
 
Futures
Options
 
View:

Block trades

View the Block Trade Reference Guide for rules, minimums, hours and more.

CME DIRECT:
TRADE FUTURES, OPTIONS AND BLOCKS ON ONE SCREEN

Manage price risk across the iron and steel supply chain

Quick links
Ferrous Metals Trading Codes Reference Guide
Case Study: Future Purchases of Processed Steel
Iron Ore Fact Sheet
FAQ: Portside Iron Ore
Article: Aussie Dollar Tied to China's Outlook
Article: The Return of Commodity Currencies
Why trade Ferrous Metals?

Mitigate price risk

Navigate global markets

Flexible trade execution

Now live

Chicago No1 Busheling Ferrous Scrap (Fastmarkets) options, a new option for hedging price risk for steel manufacturing.

Find out more
Now Live

Explore HMS 80/20 Ferrous Scrap, CFR Turkey (Platts TSI) options, a vital input for steel production.

Explore more

Tools for your trading strategy

Service Providers/Storage Fees

Find the right balance between security and affordability with a breakdown of storage and handling fees from various providers.

Interactive Expiration Calendar

Use this calendar to find relevant dates and CME Group holiday hours.

Open Interest Profile Tool

Analyze open interest and open interest patterns for each expiration within the selected product.

CFTC Traders Tool

Access a comprehensive and highly configurable graphical representation of the CFTC’s report on open interest released each Friday afternoon.

Ferrous Metals insights

View all
Resources
Marker Prices
Daily Bulletin
Margins/Performance Bonds
Trading Hours
Fee Schedule
Blocks
Rulebooks
2024 Metals Product Guide
Ferrous Products
Steel futures
Iron Ore China Portside
Iron Ore 62% Fe
More in Metals
Precious Metals
Base Metals
Battery Metals

Master the Ferrous Metals market

Courses to build your knowledge

Explore more courses

Contact a Ferrous Metals expert