宝城期货螺纹钢早报-20250606

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Core Viewpoints - The short - term, medium - term, and intraday trends of rebar 2510 are oscillatory, oscillatory, and oscillatory with a downward bias respectively. It is advisable to focus on the support at the MA5 line. The core logic is that market sentiment has improved and steel prices have rebounded from low levels [2]. - Amid the game between expectations and reality, rebar prices are expected to continue the low - level oscillatory trend, and the performance of demand should be closely monitored [3]. 3. Summary by Related Contents Variety Viewpoint Reference - The short - term, medium - term, and intraday trends of rebar 2510 are oscillatory, oscillatory, and oscillatory with a downward bias respectively. The view is to focus on the support at the MA5 line, and the core logic is the improvement of market sentiment and the rebound of steel prices from low levels [2]. Market Driving Logic - After the China - US presidential call, market sentiment improved, and the ferrous metals rebounded from low levels. However, both the supply and demand sides of rebar are weakening. Steel mills mainly ensure the supply of plates, and rebar production has been continuously decreasing. The corresponding demand is also weakening, and concerns about seasonal weakening persist. The fundamentals of rebar have not improved, and steel prices continue to be under pressure. The relatively positive factor is the low inventory, and the real - world contradictions are not significant [3].