CRU: HR Coil Price Volatility: Buckle up with Leading Contract Options
One consequence of physical market volatility has been a surge in volume and open interest on North America's largest steel futures contract, CME Group's hot-roll coil futures and options contracts*, settled on CRU's US Midwest HR coil price, knows as "The CRU".
- One consequence of physical market volatility has been a surge in volume and open interest on North America's largest steel futures contract, CME Group's hot-roll coil futures and options contracts*, settled on CRU's US Midwest HR coil price, knows as "The CRU".
- This is settled on CRU's US Midwest physical price, the physical market HR coil benchmark in North America.
- Today's physical market HR coil price is $679 /s.ton, down more than 25% from just 10 months ago."
- CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events.