It has been over four years since the London Metal Exchange launched the fob China hot-rolled coil (HRC) futures contract, which cash-settles against the Argus index.

As Chinese exports surge and interest in steel futures grows, we look at how strong correlations with regional prices mean the contract offers risk management utility not just for China, but for the global seaborne market.

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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.