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.

Latest Metals news

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.

Explore this product in depth

Tools

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

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.

Contact a Metals expert

Connect with a member of our expert Metals team for more information about our products.

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.