U.S. Midwest Hot-Rolled Coil Steel (Platts) Futures Contract Specs
| Contract Unit | 20 short tons | ||||
| Price Quotation | U.S. dollars and cents per short 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 short ton = $20.00 | ||||
| Product Code | CME Globex: HRPCME ClearPort: HRPClearing: HRP | ||||
| Listed Contracts | Monthly contracts listed for the current year and the next 3 calendar years. Monthly contracts for a new calendar year will be added 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 arithmetic average of the Platts TSI HRC US EXW Indiana price assessment calculated for all available price assessments published in the contract month. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month. | ||||
| Exchange Rulebook | COMEX 921 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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