钢材市场：多空交织，宏观驱动盘面震荡偏强

Core Viewpoint - The steel market is expected to experience short-term fluctuations with a slight upward trend, driven by macroeconomic policies and demand performance [1] Group 1: Market Conditions - Current steel inventory is above seasonal accumulation levels, leading to pressure on material de-stocking despite strong expectations for demand during peak season [1] - The raw material sector shows strong support, with iron ore performing well and coking coal trending positively due to low domestic production and expectations of reduced competition [1] Group 2: Influencing Factors - Positive factors include domestic expectations of reduced competition, strong demand for hot-rolled coils, expectations of overseas interest rate cuts, and favorable signals from US-China talks [1] - Negative factors consist of weak demand for rebar, excessive seasonal inventory accumulation, and significant inventory pressure, particularly for rebar with high warehouse receipt pressure [1]