钢铁行业改善预期获关注，全市场唯一钢铁ETF（515210）盘中涨近1%，昨日净流入超2.6亿元

Group 1 - The steel industry is expected to see significant improvement in profitability by the third quarter of 2025, with a projected profit increase of 1.9 times year-on-year for key statistical enterprises [1] - The sales profit margin is anticipated to rise by 1.39 percentage points to 2.1% [1] - The supply side will continue to implement anti-involution policies, with the "Steel Industry Stabilization and Growth Work Plan (2025-2026)" emphasizing precise production control and prohibiting new capacity additions [1] Group 2 - The demand structure is continuously optimizing, with the proportion of steel used in manufacturing increasing from 42% in 2020 to 50% in 2024, and high-end products like silicon steel seeing a 48% increase in output compared to 2020 [1] - The ordinary steel sector is performing well, accounting for 58.38% of total profits [1] - The industry is experiencing an improved supply-demand balance, with crude steel production down by 2.9% and apparent consumption down by 5.7%, while capacity continues to concentrate on leading quality enterprises [1] Group 3 - The steel ETF (515210) tracks the CSI Steel Index (930606), which reflects the overall performance of listed companies in the steel industry, including ordinary and special steel [1] - The index is composed mainly of steel manufacturing companies, exhibiting strong cyclical characteristics and primarily focusing on raw materials [1] - The steel industry is closely related to market dynamics and economic cycles [1]