CRU U.S. Midwest HDG Coil Index to Be Used in Settlement of New CME Futures Contract
CRU’s U.S. Midwest hot-dipped galvanized (HDG) coil base price index will be used in the settlement of the CME Group’s new cash-settled U.S. Midwest Domestic Steel Premium (CRU) Futures contract. As announced earlier today by CME Group, the contract will settle on the premium of CRU’s HDG coil base price over the established CRU U.S. […]