NORTH EURO HOT-ROLL COIL STEEL COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net -449 contracts in NORTH EURO HOT-ROLL COIL STEEL, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
NORTH EURO HOT-ROLL COIL STEEL - COMMODITY EXCHANGE INC.
CFTC contract code
192691
Contract unit
20 Metric Tons
Open interest, contracts
10,152
Change in open interest, contracts
+126
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
6,068
7,865
-
-1,797
59.8
77.5
-17.7
Swap Dealers
1,231
0
500
+1,231
12.1
0.0
12.1
Managed Money
125
574
714
-449
1.2
5.7
-4.4
Other Reportables
1,319
383
41
+936
13.0
3.8
9.2
Total reportable
9,998
10,077
-
-79
98.5
99.3
-0.8
Nonreportable
154
75
-
+79
1.5
0.7
0.8
Managed Money: position against its own history
Weekly net, last 123 reports
Managed Money net, contracts
-449
Week change
-53
4-week change
-1,347
13-week change
-3,189
Net as % of open interest
-4.4%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
1
Z-score, 52 weeks
-2.35
COT Index, 3 years
0
52-week high of net
+5,802
52-week low of net
-449
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
8
4
Swap Dealers
5
0
Other Reportables
5
-
Total reportable
22
7
Largest 4 traders, gross long
59.1%
Largest 4 traders, gross short
88.3%
Largest 8 traders, gross long
79.8%
Largest 8 traders, gross short
99.3%
Largest 4 traders, net long
55.5%
Largest 4 traders, net short
77.2%
Largest 8 traders, net long
70.3%
Largest 8 traders, net short
80.9%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
6,068
7,865
-
-1,797
59.8
77.5
-17.7
Swap Dealers
1,231
0
500
+1,231
12.1
0.0
12.1
Managed Money
125
574
714
-449
1.2
5.7
-4.4
Other Reportables
1,319
383
41
+936
13.0
3.8
9.2
Total reportable
9,998
10,077
-
-79
98.5
99.3
-0.8
Nonreportable
154
75
-
+79
1.5
0.7
0.8
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Open interest by maturity split
All contract months, contracts
10,152
Old crop / nearest months, contracts
10,152
Other months, contracts
0
Recent reports, net by category
Report date
Open interest
Producer/Merchant/Processor/User
Swap Dealers
Managed Money
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
10,152
-1,797
+1,231
-449
+936
-79
+79
Tue 13 Oct 2026
10,026
-1,764
+1,231
-396
+783
-146
+146
Tue 6 Oct 2026
8,982
-837
+889
-389
+169
-168
+168
Tue 29 Sep 2026
10,396
-2,333
+1,020
+585
+640
-88
+88
Tue 22 Sep 2026
10,130
-2,428
+959
+898
+486
-85
+85
Tue 15 Sep 2026
9,319
-2,584
+1,054
+794
+675
-61
+61
Tue 8 Sep 2026
8,884
-2,256
+965
+733
+461
-97
+97
Tue 1 Sep 2026
9,733
-2,525
+561
+1,140
+725
-99
+99
Tue 25 Aug 2026
9,498
-2,675
+316
+1,455
+790
-114
+114
Tue 18 Aug 2026
9,967
-2,804
+136
+1,921
+653
-94
+94
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.