Iron Ore, Steel, Coking Coal and Dry Freight Futures

Comprehensive Hedging Tools for the Volatile Ferrous Metals Marketplace

The ferrous metals market, which includes iron ore and steel, along with related products, is the second largest commodity market by volume after crude oil. 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 dollars of financial safeguards through CME Clearing, our suite of ferrous metals and related products are traded over-the-counter and sent for clearing through CME ClearPort, ensuring payment is made according to agreement. Join the more than 17 thousand registered CME ClearPort users and enjoy the efficiency, economy, and security of managing ferrous industry price risk from one point of contact.

Steel Hedging Guide

Key Service Features

  • Financial Settlement
  • Margin offset across the metals product suite
  • HRC options to maximize your price risk hedging flexibility
  • Extensive list of clearing firms available to open customer accounts
  • Effective hedging mechanisms for mining companies, steel mills, steel service centers, distributors, merchants and end-users.


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