Cross-market view
SHFE Hot-rolled Coil × LME Steel HRC Shanghai: Trading Hours Compared
Joint windows, single-leg hours, and 2026 mismatched holidays for Hot-rolled Coil (SHFE HC) and Steel HRC Shanghai (LME HS), on a typical trading day (UTC).
Latest relevant source check 2026-10-06 · sources on each product page · Verify against official exchange notices before trading
Joint trading windows (typical day)
SHFE Hot-rolled Coil
LME Steel HRC Shanghai
Both open
Both open (UTC): 01:00–02:15 · 02:30–03:30 · 05:30–07:00 · 13:00–15:00
SHFE Hot-rolled Coil
LME Steel HRC Shanghai
Both open
Both open (UTC): 01:00–02:15 · 02:30–03:30 · 05:30–07:00 · 13:00–15:00
Axis is UTC 00:00–24:00 on a Tuesday–Friday day; Monday opens, Friday closes and holiday eves follow each exchange's notice.
Each leg in its own time
| Hot-rolled Coil (SHFE HC) | Day 09:00–10:15, 10:30–11:30, 13:30–15:00 · Night 21:00–23:00（China Standard Time (UTC+8)） |
|---|---|
| Steel HRC Shanghai (LME HS) | 01:00–19:00（London time） |
2026 mismatched holidays (one-sided days)
- SHFE Hot-rolled Coil closed, LME Steel HRC Shanghai trading: 16 days · longest stretch 2026-02-16 – 2026-02-23
- LME Steel HRC Shanghai closed, SHFE Hot-rolled Coil trading: 13 days · longest stretch 2026-12-25 – 2027-01-01
FAQ
- When are SHFE Hot-rolled Coil and LME Steel HRC Shanghai open at the same time?
- On a typical trading day (UTC) the joint windows are 01:00–02:15, 02:30–03:30, 05:30–07:00, 13:00–15:00 in winter (01:00–02:15, 02:30–03:30, 05:30–07:00, 13:00–15:00 in summer), about 5h 45m in total.
- Does LME Steel HRC Shanghai keep trading while SHFE Hot-rolled Coil is closed?
- Yes — on 16 trading days in 2026 SHFE Hot-rolled Coil is closed while LME Steel HRC Shanghai trades, the longest stretch being 2026-02-16 – 2026-02-23. These are one-sided exposure windows for cross-market positions.
- Does daylight saving change the SHFE Hot-rolled Coil–LME Steel HRC Shanghai overlap?
- The joint windows in the two seasonal scenarios are identical. A change in overseas opening or closing times need not change the overlap. The two typical scenarios do not represent US/UK transition gaps or temporary exchange schedules. Check dated exchange notices; where a date query is available, check its coverage.