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

Futures

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

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