CME COMEX: HDG U.S. Midwest Domestic Steel Premium (CRU) Futures prices chart

U.S. Midwest Domestic Steel Premium (CRU) Futures (CME COMEX: HDG) Contract Specifications

Product Code: CME Globex: HDG, CME ClearPort: HDG, Clearing: HDG

Contract Unit: 20 short tons
Price Quotation: U.S. dollars and cents per short ton
Minimum Price Fluctuation: 1.00 per short ton = $20.00
Settlement Method: Financially Settled

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.

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.

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)
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