The ferrous metals market, the second largest commodity market by volume after crude oil, includes iron ore, steel, coking coal, and dry freight futures. CME Group’s ferrous metals futures and options offer risk management opportunities for these vital global commodities across the supply chain in tandem with changing industry structure and demands.
Backed by $8 billion of financial safeguards through CME Clearing, our suite of ferrous metals and related products are traded over-the-counter and cleared through CME ClearPort, ensuring payment is made according to agreement.
Get more in-depth information about CME Group's variety of ferrous metals products.
ALW Australian Coking Coal (Platts) Low Vol Swap Futures
PIO Iron Ore 62% Fe, CFR North China (Platts) Swap Futures
ICP Iron Ore 62% Fe, CFR China (PLATTS) Average Price Options
TIO Iron Ore 62% Fe, CFR China (TSI) Swap Futures
ICT Iron Ore 62% Fe, CFR China (TSI) Average Price Options
FSF HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Swap Futures