Baosteel(SH:600019) Sou Hu Cai Jing·2025-12-10 04:00Core Viewpoint - Baosteel's January 2026 futures guidance price has increased by 100 yuan per ton, signaling a positive outlook for the steel market recovery [1] Group 1: Market Conditions - The short-term galvanized market is facing challenges such as weakened demand and low stocking enthusiasm [1] - The policy stance has shifted to "proactive and effective," with both fiscal and monetary easing measures in place to stabilize growth [1] - The probability of a Federal Reserve interest rate cut is high, but adverse weather conditions may further weaken demand [1] Group 2: Price Dynamics - Raw material production cuts may support price stability [1] - The short-term galvanized market is in a bottoming phase, with potential for a rebound due to positive signals [1]