Hot Rolled Futures

Hot-rolled coil (HRC) steel futures are used as a hedging tool for producers and users of steel and provide an index-based price discovery mechanism. In addition, they:

• Offer hedging opportunities throughout the steel supply chain, from steel mills to steel service centers, distributors, merchants, and end-users.
• Reflect the growing use of index-based pricing in tandem with the increase in steel price volatility.
• Provide price assessments based on actual spot transactions in the market, with all the data providers directly involved in buying and selling the relevant steel product on the spot market.