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Frequently Asked Questions
Track more important stats on the U.S. Midwest Hot-Rolled Coil Steel (Platts) Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For U.S. Midwest Hot-Rolled Coil Steel (Platts) Futures this number is 0. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for U.S. Midwest Hot-Rolled Coil Steel (Platts) Futures shows that traders are closing their positions, which means a weakening trend.