Our U.S. hot-rolled coil price assessment is used by CME for their ‘U.S. Midwest Domestic Hot-Rolled Coil Steel Futures Contract’.
| Trading unit: | (lot size) 20 short tons |
| Price quotation: | US dollars and cents per short ton |
| Trading months: | 18 consecutive months |
| Settlement: | Financial, against CRU’s U.S. Midwest assessments |
| Trading symbol: | HR |
For further details, visit www.cmegroup.com/metals
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Member Metals Service Center Institute
We are members of the MSCI which is a trade association that supports and represents the most elements of the metals value chain, including metals producers, distributors, and processors and, to a lesser extent, the interests of metals users.
Because its primary membership consists of metals service centers – businesses that inventory and distribute metals for industrial customers and perform first-stage processing – MSCI is ideally situated to identify and respond to the networking, educational, public policy, and research needs of the entire metals community, and not just a narrow portion of it.
MSCI has more than 350 members operating from about 1,200 locations in the U.S., Canada, Mexico, and elsewhere around the world. Together, MSCI members constitute the largest single group of metals purchasers in North America, amounting each year to more than 75 million tons of steel, aluminum and other metals, with about 300,000 manufacturers and fabricators as customers.