CME Group » Metals » U.S. Midwest Domestic Hot-Rolled Co
Metals Products
View a Metals Product
U.S. Midwest Domestic Hot-Rolled Coil Steel Index Futures
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 
 
U.S. Midwest Domestic Hot-Rolled Coil Steel Index Futures
Product Symbol HRC, Clearing: HR
Venue CME Globex, CME ClearPort
Hours
(All Times are New York Time/ET)		 CME Globex: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Contract Size 20 short tons
Price Quotation U.S. dollars and cents per ton
Minimum Fluctuation $1.00 per short ton
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 named contract month.
Listed Contracts Trading is conducted in 24 consecutive months.
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 920
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.

Note: The final settlement price will be the Floating Price calculated for each contract month rounded to the nearest $1.00/short ton.