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U.S. Midwest Domestic Steel Premium (CRU) Futures Contract Specs

Contract Unit 20 tons
Price Quotation U.S. dollars and cents per 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 ton = $20.00
Product Code CME Globex: HDG
CME ClearPort: HDG
Clearing: HDG
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 contract of 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 CRU Group for U.S. Midwest Hot-Dipped Galvanized Coil (Base) Steel minus the average price calculated for all available price assessments published for that given month by CRU Group for U.S. Midwest Domestic Hot-Rolled Coil Steel. 
Termination Of Trading Trading terminates on the business day prior to the last Wednesday of the contract month.
Position Limits COMEX Position Limits
Exchange Rulebook COMEX 969
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing