25
Nov
11:55
Northern European HRC futures contracts use remains limited
The use of futures contracts specifically designed for the northern European hot rolled coil market remains limited, but some signals of growth are visible, Kallanish notes.
The Chicago Mercantile Exchange (CME) was the first exchange to launch futures for North European HRC in 2020. The exchange registered a new daily trading record level this week, but activity remains well below that seen in more liquid contracts for steel products.
The new daily record for CM…
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Anonymous
Very good overview of the weekly steel market.
Anonymous