Group 1 - The steel industry is showing signs of bottoming out in its economic cycle, with a slight widening in the year-on-year decline of the steel price index in June [1] - Key steel enterprises have seen a decrease in inventory levels since late May, and high iron and steel production has also receded, indicating a potential phase of price stabilization [1] - From Q3 2024, the decline in costs of raw materials like coking coal is expected to improve the profit per ton of steel [1] Group 2 - By Q1 2025, the capital expenditure to revenue and capital expenditure to depreciation ratios for the general steel sector have dropped to near threshold levels, suggesting a potential recovery in fixed asset turnover rates if the trend continues [1] - The steel ETF tracks the CSI Steel Index, which focuses on publicly listed companies in the steel industry within the A-share market, reflecting the overall market performance of the steel sector [1] - The index includes companies involved in steel manufacturing, processing, and related services, allowing investors to grasp the dynamics and development trends of the steel industry [1]
钢铁ETF（515210）涨超1.2%，景气筑底与成本改善逻辑浮现
Mei Ri Jing Ji Xin Wen·2025-07-14 02:19