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North European Hot-Rolled Coil Steel (Argus) Futures Contract Specs

Contract Unit 20 metric tons
Price Quotation Euro dollars and cents per metric ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation 1.00 per metric ton = €20.00
Product Code CME Globex: EHR
CME ClearPort: EHR
Clearing: EHR
Listed Contracts Monthly contracts listed for 12 consecutive months.
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 “HRC EXW Ruhr/ Northern Europe” by ARGUS for that calendar month.
Termination Of Trading Trading terminates on the last London business day of the contract month. If this is not an U.S. business day, trading terminates on the prior London and U.S. business day. 
Position Limits COMEX Position Limits
Exchange Rulebook COMEX 971
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing