Report Investment Rating - No investment rating for the industry is provided in the content [1][2][3] Core Viewpoint - The report suggests treating steel prices with a strategy of trying short positions on rebounds [3] Summary by Relevant Information Steel Production Data - The production of rebar decreased by 108,900 tons to 2.0757 million tons, hot-rolled coil production decreased by 41,000 tons to 3.2465 million tons, and the total production of the five major steel products decreased by 215,300 tons to 8.5885 million tons [2] Steel Inventory Data - The total inventory of rebar decreased by 124,000 tons to 5.5808 million tons, the total inventory of hot-rolled coil increased by 47,700 tons to 3.4541 million tons, and the total inventory of the five major steel products decreased by 92,500 tons to 13.5456 million tons [2] Steel Apparent Demand Data - The apparent demand for rebar decreased by 90,600 tons to 2.1997 million tons, the apparent demand for hot-rolled coil decreased by 10,400 tons to 3.1988 million tons, and the total apparent demand for the five major steel products decreased by 140,700 tons to 8.681 million tons [2] Real Estate Transaction Data - In May, the total transaction (signing) area of newly-built commercial housing in 10 key cities was 6.4404 million square meters, a month-on-month increase of 7.6% and a year-on-year decrease of 17.1%; the total transaction (signing) area of second-hand housing was 9.1832 million square meters, a month-on-month decrease of 15.2% and a year-on-year increase of 1.5% [2] Steel Price Data - On June 12, the ex-factory price of ordinary billet resources in Qian'an, Tangshan decreased by 30 yuan after noon, reported at 2,890 yuan per ton [2] Market Analysis - The finished steel fluctuated and declined yesterday, giving back the gains formed due to macro - positive factors the previous day. The weekly supply, apparent demand, and inventory all declined, with no obvious overall contradictions. The main factor affecting steel prices is still downstream demand. It has entered the off - season, and there is little chance of effective improvement in the short term, with further decline possible. It is recommended to try short positions on rebounds [2]
成材:周度变化不大,钢价弱势运行-20250613
Hua Bao Qi Huo·2025-06-13 03:39