LME launches two new HRC futures contracts

Wednesday, 13 March 2019 11:52:21 (GMT+3)   |   Istanbul

The London Metal Exchange (LME) has announced that on Monday, March 11, they have launched seven new cash-settled futures contracts, including two hot rolled coil (HRC) futures contracts, to specifically reflect the global metals markets’ needs to help reduce losses and protect against volatile prices.

In past years, LME has lost market share to its rivals Chicago Mercantile Exchange (CME) and China’s Shanghai Futures Exchange (ShFE).

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