Futures Closing Price (Main): Hot Rolled Coil
Macro
2025-09-03
Description
The Futures Closing Price (Main) for Hot Rolled Coil is published by various commodity exchanges. This indicator is used to gauge the market price trends and future expectations for hot rolled coil steel, which is a key material in various industries such as automotive and construction. A higher closing price generally indicates higher demand or lower supply, while a lower price suggests the opposite. The price trend can be an indicator of economic health in sectors relying on steel.
The closing price is determined by the final trade price of the futures contract for hot rolled coil on the trading day. It is influenced by factors such as market demand, supply constraints, production costs, and broader economic conditions.
The futures closing price is updated daily at the end of each trading session.
Published by
Shanghai Futures Exchange (Choice)
Frequency
Daily
Next Update
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Description
The Futures Closing Price (Main) for Hot Rolled Coil is published by various commodity exchanges. This indicator is used to gauge the market price trends and future expectations for hot rolled coil steel, which is a key material in various industries such as automotive and construction. A higher closing price generally indicates higher demand or lower supply, while a lower price suggests the opposite. The price trend can be an indicator of economic health in sectors relying on steel.
The closing price is determined by the final trade price of the futures contract for hot rolled coil on the trading day. It is influenced by factors such as market demand, supply constraints, production costs, and broader economic conditions.
The futures closing price is updated daily at the end of each trading session.