Steel Futures Fact Card

  • 21 Sep 2012
  • By CME Group
  • Topics: Metals

Raw and Finished Products for the Bulk Commodities Industry

CME Group offers a suite of steel swap futures products, including ferrous scrap, which collectively constitute bulk freight products. Additional bulk commodity products available for both on- and off-Exchange transactions include dry freight and iron ore, moving toward a comprehensive offering that supports the entire supply chain from miners to steel mills, merchant traders to finished steel consumers, brokers and financiers.

While all may be cleared through CME ClearPort, read the attached fact card to learn each product’s contracts and availability trading on the New York trading floor.

Available steel futures products are:

  • HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Swap Futures (FSF)
  • European Hot Rolled Coil, Ex-Works Ruhr Germany (Platts) Swap Futures (NSF)
  • Steel Billet, FOB Black Sea (Platts) Swap Futures (SSF)

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