Steel Futures

“CRU US Midwest prices are very good indicator of where the market is moving.”

Brian Ptashnik, Director – Purchasing, Tower International, USA

Our U.S. hot-rolled coil price assessment is used by CME for their ‘U.S. Midwest Domestic Hot-Rolled Coil Steel Futures and Options Contracts’.

Futures Contract specification:

Trading unit: (lot size) 20 short tons
Price quotation: US dollars and cents per short ton
Trading months: 24 consecutive months*
Settlement: Financial, against CRU’s U.S. Midwest assessments
Trading symbol: HR

Options Contract specification:

Trading unit: (lot size) 20 short tons
Price quotation: US dollars and cents per short ton
Trading months: 24 consecutive months*
Settlement: Financial, against CRU’s U.S. Midwest assessments
Trading symbol: HRO

* - As of 30 August 2010

For further details visit www.cmegroup.com/metals