SHFE Hot-Rolled Coil Futures

Access China’s hot-rolled coil futures market with MTS Capital to broaden your investment choices and manage steel price risk.

SHFE Hot-Rolled Coil Futures (HC) are contracts based on hot-rolled steel coils traded on Shanghai Futures Exchange (SHFE) in China. Hot-rolled coils are used in industries including cold-rolled substrate production, shipbuilding, and automotive manufacturing. Each contract represents 10 metric tonnes and is quoted in Chinese yuan per metric tonne.

Start trading with MTS Capital to speculate or manage steel price risk, with the flexibility to take long or short positions. Daytime and night sessions in Thailand time broaden access to a commodity linked to manufacturing demand and offer an additional investment choice. The contract provides for physical delivery under exchange rules.

FeatureInvestor Benefit
Access China’s steel marketTrade Hot-Rolled Coil Futures, exchange code HC, on Shanghai Futures Exchange.
Industrial steel exposureLinked to applications including cold-rolled substrate production, shipbuilding, and automotive manufacturing.
10 metric tonnes per contractQuoted in CNY per metric tonne. A CNY 1 move per tonne changes the contract value by CNY 10.
Manage steel price riskProducers, traders, and consumers can hedge exposure while accounting for differences between futures and physical steel prices.
Long and short flexibilityTrade price movements in both rising and falling markets.
Daytime and night sessionsDaytime trading includes scheduled breaks; the night session runs from 20:00 to 22:00 Thailand time.
Capital efficiencyPost a portion of the contract value as margin. Leverage magnifies gains and losses.

Contract Specification

SpecificationSHFE Hot-Rolled Coil (HC)
SymbolSHF.HC
Contract Size10,000 kg
(10 metric tonnes)
Tick SizeCNY 1 per metric tonne
Tick ValueCNY 10
(≈ USD 1.50)
Regular Trading Hours Thailand TimeMonday–Friday
(excluding exchange holidays)
08:00–09:15
09:30–10:30
12:30–14:00
20:00–22:00

For more information or to open a trading account with MTS Capital,
call 02-770-7799 or contact LINE: @mtscapital.

Futures trading involves leverage, and losses may exceed the initial margin deposit. Investors should understand the product features, trading conditions, and risks before investing.