CME Group U.S. Midwest Domestic Steel Premium (CRU)

The U.S. Midwest Domestic Steel Premium contract was officially listed on CME on March 23rd, 2020.
U.S. Midwest Domestic Steel Premium (CRU) Futures	U.S. Midwest Domestic Steel Premium (CRU) Futures 	U.S. Midwest Domestic Steel Premium (CRU) Futures 	
Contract Unit 	20 tons 	20 tons 	
Price Quotation 	U.S. dollars and cents per ton 	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) 	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 	1.00 per ton = $20.00 	
Product Code 	CME Globex: HDG
CME ClearPort: HDG
Clearing: HDG 	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. 	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 	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.	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.	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 terminates on the business day prior to the last Wednesday of the contract month. 	
Position Limits 	COMEX Position Limits 	COMEX Position Limits 	
Exchange Rulebook 	COMEX 969 	COMEX 969 	
Block Minimum 	Block Minimum Thresholds 	Block Minimum Thresholds 	
Price Limit or Circuit 	Price Limits 	Price Limits 	
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing 	
== Notes ==
== References ==
== Resources ==
U.S. Midwest Domestic Steel Premium (CRU) Contract Specs
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