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U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures Contract Specs

Contract Unit 20 tons
Price Quotation U.S. dollars and cents per 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 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.
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 920
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing