U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index
Futures and Options
U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures - Contract Specs
| Contract Unit | 20 short tons |
|---|---|
| Price Quotation | U.S. dollars and cents per short ton |
| 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) |
| Minimum Price Fluctuation | 1.00 per short ton = $20.00 |
| Product Code | CME Globex: HRC CME ClearPort: HR Clearing: HR |
| Listed Contracts | Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contractof the current year. |
| Settlement Method | Financially Settled |
| Floating Price | The floating price for each contract month is equal to the average price calculated for all available price assessments published for that given month by the CRU U.S. Midwest Domestic Hot-Rolled Coil Steel Index. |
| Termination of Trading | Trading terminates on the business day prior to the last Wednesday of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
