钢铁ETF（515210）涨超2.0%，行业回暖与需求改善预期并存

Group 1 - The steel industry is expected to maintain stable demand due to a series of "stabilizing growth" policies, with support from real estate stabilization, steady infrastructure investment, ongoing manufacturing development, and high steel exports [1] - The supply of steel is tightening under the expectation of supply-side policies, leading to a stronger industry concentration, which is likely to keep the overall supply-demand situation stable [1] - High-end steel products, benefiting from energy cycles, domestic substitution, and high barriers to entry in high-value-added manufacturing, are expected to gain significantly [1] Group 2 - Current profits for common steel are considerable, and under the backdrop of "anti-involution" in the industry, profits per ton of steel may continue to expand, indicating significant improvement potential for common steel companies [1] - The steel ETF (515210) tracks the CSI Steel Index (930606), which reflects the overall performance of listed companies in the steel industry, covering representative enterprises across the steel production, processing, and sales sectors [1] - Investors without stock accounts can consider the Guotai CSI Steel ETF Connect A (008189) and Guotai CSI Steel ETF Connect C (008190) [1]