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CME hits volume records for steel

Keywords: Tags  Chicago Mercantile Exchange, CME Group, U.S. Midwest Domestic Hot-Rolled Coil Steel Index, futures contracts, options contracts, steel futures, steel


NEW YORK — The Chicago Mercantile Exchange reached record trading volumes on its U.S. Midwest Domestic Hot-Rolled Coil Steel Index futures and options contracts in February, CME Group Inc. announced March 5.

The U.S. Midwest Domestic Hot-Rolled Coil Steel Index futures hit a record of 6,619 contracts in February, exceeding the previous record of 6,214 contracts set in January 2012.

U.S. Midwest Domestic Hot-Rolled Coil Steel Index Average Price options also recorded a monthly record of 1,350 contracts, surpassing the previous record of 1,000 set in August 2012.

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