What is the volume of US Midwest domestic hot-rolled coil steel (Cru) index futures?

The volume of U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures is 6.00. Track more important stats on the U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures chart. What is Open interest? How can I use it to trade U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures?

What are US Midwest domestic hot rolled coil steel futures?

US Midwest Domestic Hot-Rolled Coil Steel Futures are widely traded on the New York Mercantile Exchange (NYMEX). Futures contracts for hot-rolled coil steel are financial instruments that allow producers, large consumers, and speculators to offset or assume the risk of a price change of holding a quantity of hot-rolled coil steel over time.

What are futures contracts for hot rolled coil steel?

Futures contracts for hot-rolled coil steel are financial instruments that allow producers, large consumers, and speculators to offset or assume the risk of a price change of holding a quantity of hot-rolled coil steel over time. Hot rolling, the process used to make hot rolled steel, involves rolling steel at high temperatures.