Xinjiang Baodi Mining (SH:601121) Sou Hu Cai Jing·2026-02-11 05:59Group 1 - The steel sector in A-shares experienced a strong afternoon rally, with significant interest from investors, leading to multiple stocks hitting their daily limits, including Baodi Mining and others [1] - The overall market sentiment towards the steel industry has improved, reflecting optimism about the sector's future performance [1] Group 2 - Recent supportive policies have been crucial for the steel industry's development, with a comprehensive support system established to ensure stable long-term growth [2] - A joint document from five government departments outlines the steel industry's growth targets, aiming for an average annual increase of about 4% in value added from 2025 to 2026, focusing on capacity regulation, product optimization, high-end upgrades, green transformation, and consumption expansion [3] - Additional supportive measures include incentives for equipment upgrades and a push for green transformation, which are expected to enhance demand for high-end steel products and improve profitability for steel companies [4] Group 3 - Three key areas within the steel industry are expected to benefit from structural opportunities: high-end special steel and alloy materials, green low-carbon transformation, and recovery in downstream demand [5][6] - The demand for high-performance special steel is projected to grow at over 8% annually by 2026, significantly outpacing ordinary steel, driven by manufacturing upgrades and emerging industries [5] - The investment scale for green transformation in the steel industry is expected to exceed 500 billion yuan over the next two years, benefiting related sectors such as environmental governance equipment and energy-saving technology services [6][7] - The recovery of traditional manufacturing sectors like automotive and home appliances, along with the promotion of steel structures in construction and new energy infrastructure, is anticipated to boost demand for various steel products [8]