Steel-HRC COT Report
CFTC Commitments of Traders · positions as of Tuesday 2026-10-20, released Oct 23, 2026 (the CFTC reports each Tuesday's close three days later) · next release Oct 30, 2026 (regular cycle; see the release schedule for holiday shifts)
Steel-HRC positioning leans bullish - commercials buying (26w index 100).
How this read is built
- Commercials (hedgers) are net short and sit near the top of their 26-week range (COT index 100) - a bullish tilt in the traditional read.
A description of how traders are positioned versus their own history - the standard Commitments of Traders interpretation, computed identically for every market. It is not a price forecast, a trading signal, or advice. How traders use positioning · how the read is computed.
As of the COT report, large speculators are net long 7,452 Steel-HRC futures contracts (down 1,402 week-over-week), commercials are net short 7,718, and open interest is 41,342 contracts. Managed money was net long 8,333 contracts as of (up 1,970 week-over-week), holding 9,081 long and 748 short.
Cite this data
FuturesBench, "Steel-HRC COT Report," data as of 2026-10-20. https://futuresbench.com/cot/steel-hrc/#net-position Source: CFTC Commitments of Traders (public domain). CSV: https://futuresbench.com/data/cot/steel-hrc.csv
Embed this chart
<iframe src="https://futuresbench.com/embed/cot/steel-hrc/" width="100%" height="560" frameborder="0" loading="lazy" title="Steel-HRC COT Report chart - FuturesBench"></iframe>
Reporting gap: the CFTC published no data for this contract code between and (about 27 weeks) - typically an exchange migration or relisting, when the contract traded under a different code. The chart breaks across the gap rather than drawing a line through it, and the series resumes afterward. Why this happens.
Positioning - as of Tuesday 2026-10-20
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | 7,452 | -1,402 | 18.0% | 0.0 | 33.4 | 67.1 |
| Commercials | -7,718 | +1,483 | -18.7% | 100.0 | 65.6 | 33.0 |
| Small traders | 266 | -81 | 0.6% | 22.6 | 32.2 | 49.4 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Disaggregated report - positions as of Tue 2026-10-20
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Producer/merchant | -20,983 | +863 | -50.8% | 89.3 | 37.9 | 17.5 |
| Swap dealers | 13,265 | +620 | 32.1% | 52.3 | 70.4 | 90.7 |
| Managed money | 8,333 | +1,970 | 20.2% | 49.9 | 53.5 | 76.3 |
| Other reportables | -881 | -3,372 | -2.1% | 0.0 | 0.0 | 62.4 |
| Small traders | 266 | -81 | 0.6% | 22.6 | 32.2 | 49.4 |
Full Disaggregated report history: CSV · switch the chart above to this report family for the full series.
Steel-HRC managed money positions, week by week
Managed money long, short and net position in Steel-HRC futures for the last 26 weekly COT reports (positions as of each Tuesday), from the CFTC Disaggregated futures-only report. Short = long minus net; spread positions are excluded from both.
| Report date | Managed money long | Managed money short | Managed money net | Weekly change | Producer/merchant net | Swap dealers net |
|---|---|---|---|---|---|---|
| 9,081 | 748 | 8,333 | +1,970 | -20,983 | 13,265 | |
| 7,185 | 822 | 6,363 | -425 | -21,846 | 12,645 | |
| 7,877 | 1,089 | 6,788 | -790 | -22,747 | 13,371 | |
| 8,937 | 1,359 | 7,578 | +197 | -25,370 | 15,813 | |
| 8,841 | 1,460 | 7,381 | -352 | -25,416 | 15,873 | |
| 8,829 | 1,096 | 7,733 | +257 | -24,535 | 15,080 | |
| 8,673 | 1,197 | 7,476 | +489 | -23,301 | 13,985 | |
| 8,450 | 1,463 | 6,987 | -707 | -22,009 | 13,547 | |
| 9,137 | 1,443 | 7,694 | -218 | -24,363 | 15,611 | |
| 8,825 | 913 | 7,912 | +47 | -24,287 | 13,955 | |
| 8,809 | 944 | 7,865 | +851 | -22,571 | 13,224 | |
| 8,134 | 1,120 | 7,014 | -1,418 | -21,167 | 12,461 | |
| 9,626 | 1,194 | 8,432 | +497 | -23,393 | 13,490 | |
| 9,031 | 1,096 | 7,935 | +559 | -21,447 | 12,195 | |
| 8,554 | 1,178 | 7,376 | +10 | -20,366 | 11,804 | |
| 8,576 | 1,210 | 7,366 | -499 | -20,308 | 11,775 | |
| 8,604 | 739 | 7,865 | -2,220 | -20,257 | 11,445 | |
| 10,680 | 595 | 10,085 | -225 | -25,448 | 13,293 | |
| 10,876 | 566 | 10,310 | +475 | -24,151 | 11,750 | |
| 10,387 | 552 | 9,835 | +1,040 | -23,387 | 11,261 | |
| 9,289 | 494 | 8,795 | -1,120 | -21,679 | 10,401 | |
| 10,491 | 576 | 9,915 | +353 | -24,354 | 12,573 | |
| 10,189 | 627 | 9,562 | -453 | -23,627 | 12,106 | |
| 10,723 | 708 | 10,015 | +307 | -25,008 | 13,184 | |
| 10,286 | 578 | 9,708 | -233 | -24,604 | 12,973 | |
| 10,145 | 204 | 9,941 | -168 | -27,015 | 14,625 |
Every week back to 2012: Steel-HRC disaggregated CSV.
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-10-20 | 41,342 | 7,452 | -1,402 | -7,718 | +1,483 | 266 |
| 2026-10-13 | 37,290 | 8,854 | -160 | -9,201 | +175 | 347 |
| 2026-10-06 | 37,302 | 9,014 | -214 | -9,376 | +181 | 362 |
| 2026-09-29 | 42,389 | 9,228 | +521 | -9,557 | -14 | 329 |
| 2026-09-22 | 42,807 | 8,707 | -222 | -9,543 | -88 | 836 |
| 2026-09-15 | 41,024 | 8,929 | +47 | -9,455 | -139 | 526 |
| 2026-09-08 | 38,831 | 8,882 | +817 | -9,316 | -854 | 434 |
| 2026-09-01 | 38,827 | 8,065 | -360 | -8,462 | +290 | 397 |
| 2026-08-25 | 44,354 | 8,425 | -1,541 | -8,752 | +1,580 | 327 |
| 2026-08-18 | 42,864 | 9,966 | +900 | -10,332 | -985 | 366 |
| 2026-08-11 | 41,670 | 9,066 | +595 | -9,347 | -641 | 281 |
| 2026-08-04 | 40,162 | 8,471 | -1,168 | -8,706 | +1,197 | 235 |
| 2026-07-28 | 43,954 | 9,639 | +586 | -9,903 | -651 | 264 |
| 2026-07-21 | 41,544 | 9,053 | +664 | -9,252 | -690 | 199 |
| 2026-07-14 | 40,309 | 8,389 | +26 | -8,562 | -29 | 173 |
| 2026-07-07 | 40,020 | 8,363 | -349 | -8,533 | +279 | 170 |
| 2026-06-30 | 39,141 | 8,712 | -3,069 | -8,812 | +3,343 | 100 |
| 2026-06-23 | 45,667 | 11,781 | -216 | -12,155 | +246 | 374 |
| 2026-06-16 | 43,202 | 11,997 | +290 | -12,401 | -275 | 404 |
| 2026-06-09 | 41,528 | 11,707 | +1,107 | -12,126 | -848 | 419 |
| 2026-06-02 | 38,380 | 10,600 | -751 | -11,278 | +503 | 678 |
| 2026-05-26 | 42,603 | 11,351 | +245 | -11,781 | -260 | 430 |
| 2026-05-19 | 40,333 | 11,106 | -350 | -11,521 | +303 | 415 |
| 2026-05-12 | 39,794 | 11,456 | +239 | -11,824 | -193 | 368 |
| 2026-05-05 | 38,453 | 11,217 | -849 | -11,631 | +759 | 414 |
| 2026-04-28 | 42,854 | 12,066 | +86 | -12,390 | +25 | 324 |
Full history, no login: CSV (2012-05-29 → 2026-10-20) · JSON
Contract facts
FAQ
- Are large speculators long or short Steel-HRC futures?
- As of the 2026-10-20 COT report, large speculators (non-commercial traders) are net long 7,452 contracts in Steel-HRC futures.
- What is the managed money position in Steel-HRC futures?
- As of the 2026-10-20 COT report, managed money traders are net long 8,333 contracts (9,081 long, 748 short) in Steel-HRC futures. The week-by-week table on this page lists the last 26 reports.
- How current is this Steel-HRC COT data?
- The latest report is dated 2026-10-20 (positions as of that Tuesday's close), published by the CFTC on 2026-10-23. This page updates within minutes of each weekly release.
- Where can I download Steel-HRC COT history?
- The full weekly series (2012-05-29 to 2026-10-20) is free at /data/cot/steel-hrc.csv - no login, no cap.
Learn: how to read this report · commercials vs non-commercials · glossary
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 192651. Dataset coverage 2012-05-29 → 2026-10-20. Methodology.