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Updated on Jul 09,2021

Announcement on the Release of Revised Steel Rebar Futures Contract, Hot-Rolled Coil Futures Contract and Delivery Rules of Shanghai Futures Exchange

  The Steel Rebar Futures Contract of Shanghai Futures Exchange (SHFE) (revised), the Hot-Rolled Coil Futures Contract of Shanghai Futures Exchange (revised) and Delivery Rules of Shanghai Futures Exchange (revised) have been accepted by its Board of Directors and reported to the China Securities Regulatory Commission.
  In order to ensure the smooth transition of contracts, SHFE hereby decides The Steel Rebar Futures Contract of Shanghai Futures Exchange (SHFE) (revised) begins with the RB2208 contract, the Hot-Rolled Coil Futures Contract of SHFE (revised) begins with the HC2208 Contract. Since July 21, 2022, standard warrants of steel rebar and hot-rolled coil can only be formed as stipulated by the Steel Rebar Futures Contract of Shanghai Futures Exchange (SHFE) (revised) and the Hot-Rolled Coil Futures Contract of SHFE (revised), and the existing standard warrants cannot be used for physical delivery or as margin.
  Please visit the official website of SHFE for the Chinese version. If there is any discrepancy between the English version and the Chinese version, the Chinese version shall prevail.

  Attachment:
  1. Steel Rebar Futures Contract Specifications, (revised)
  2. Hot-Rolled Coil Futures Contract Specifications, (revised)
  3. Delivery Rules of Shanghai Futures Exchange,(Revised)

 

Shanghai Futures Exchange
July 9, 2021
 

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