成材：基本面正常，钢价整理

Group 1: Report Industry Investment Rating - No information provided Group 2: Core View of the Report - The report suggests taking a short - selling approach on rallies for steel products [4] Group 3: Summary of Related Data - In terms of production, the output of rebar increased by 56,600 tons to 2.1784 million tons, the output of hot - rolled coil increased by 17,900 tons to 3.2724 million tons, and the total output of the five major steel products increased by 124,800 tons to 8.8099 million tons [3] - Regarding inventory, the total inventory of rebar decreased by 20,700 tons to 5.49 million tons, the total inventory of hot - rolled coil increased by 9,900 tons to 3.4116 million tons, and the total inventory of the five major steel products increased by 11,400 tons to 13.4003 million tons [3] - For apparent demand, the apparent demand for rebar increased by 7,200 tons to 2.1991 million tons, the apparent demand for hot - rolled coil decreased by 44,400 tons to 3.2625 million tons, and the total apparent demand for the five major steel products decreased by 43,300 tons to 8.7985 million tons [3] Group 4: Market Performance and Outlook - The finished steel products rebounded slightly after hitting the bottom yesterday, with the daily K - line still moving sideways in the current area and showing little fluctuation [3] - The weekly fundamentals are normal. The inventory of the five major steel products has slightly accumulated, production has increased, and demand has slightly decreased, presenting a situation of stronger supply and weaker demand [3] - The current high - temperature and rainy weather still has a negative impact on the demand for building materials [3]