U.S. Midwest Hot-Rolled Coil Steel (Platts) Futures Contract Specs

Futures

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: HRP CME ClearPort: HRP Clearing: 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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