CME Group launches Scrap, Billet, and Hot-Coil Steel Futures

As the world’s leading and most diverse derivatives marketplace, CME Group exchanges offer the widest range of global benchmark products across all major asset classes.

To meet demand for risk management needs in the global steel industry, CME Group has announced the launch of three new financially settled steel contracts:

Says Harriet Hunnable, Managing Director, Metals for CME Group:

“We continue to expand our counterparty risk services for a number of new ferrous metal contracts in order to meet the risk management needs of our existing and potential clients in Europe, the Middle East and Asia”

These contracts help build on CME Group’s existing suite of products, which include US Midwest HR Steel and Iron Ore Swaps and Options.

CME Group is a valued sponsor of StockTwits and can be followed on the stream at @CMEGroup.

Related Links:

CME Group Launches New Industrial Steel Futures Based on Platts’ Physical Price Assessments

CME Group Expands its Suite of Industrial Metals Products with Three New Swap Futures Offerings


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