格林大华期货钢材早盘提示-20250707

Report Summary 1. Report Industry Investment Rating - The investment rating for the steel products in the black building materials sector is "Bullish" [1] 2. Core View of the Report - Despite the lack of significant improvement at the industrial level, the short - term market may continue to be bullish under the anti - involution macro - expectations, but caution is needed regarding the upside potential [1] 3. Summary by Relevant Catalog Market Review - On Friday, the main contract of rebar closed at 3072, up 0.23%; the main contract of hot - rolled coil closed at 3201, up 0.25%; the main contract of stainless steel closed at 12730, up 0.539%. The night - session closed lower [1] Important News - The "Qiushi" magazine emphasizes creating a fair - competition market environment. Trump announced that the US government will start sending letters to trading partners to set new unilateral tariff rates, likely to take effect on August 1st, with rates ranging from 10% - 20% to 60% - 70%. The Ministry of Housing and Urban - Rural Development plans to promote the stabilization of the real - estate market [1] Market Logic - On Friday, the spot prices of rebar and hot - rolled coil generally rose with average trading volume. After reaching new highs, the futures prices of rebar and hot - rolled coil declined. Recently, blast - furnace overhauls have increased, and there are emission - reduction and production - restriction measures in Tangshan from July 4 - 15, having little impact on overall production. Steel inventories decreased slightly last week, and demand shows off - season characteristics [1] Trading Strategy - Short - term bullish trading strategy is recommended [1] Support and Resistance Levels - The resistance level of the main rebar contract has moved up to 3130, with an important support level at 3000. The support level of hot - rolled coil is 3026, and the resistance level is 3282. The support level of stainless steel is 12300, and the resistance level is 13000 [1]