宝城期货螺纹钢早报-20250828

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints of the Report - The short - term and intraday view of rebar 2510 is oscillating weakly, and the medium - term view is oscillating. It is recommended to pay attention to the pressure at the MA5 line. The core logic is that industrial contradictions are accumulating and steel prices are under pressure [2]. - Due to weak market sentiment, poor supply - demand pattern, and weak demand in the off - season, steel prices are under pressure. However, the recent increase in cost limits the downward space, and it is expected that steel prices will continue the weak operation trend. Attention should be paid to the production and sales data released by Steel Union today [3]. Group 3: Summary by Relevant Catalogs Variety Viewpoint Reference - For rebar 2510, the short - term and intraday trends are oscillating weakly, the medium - term trend is oscillating. The view is to pay attention to the pressure at the MA5 line, and the core logic is the accumulation of industrial contradictions and the pressure on steel prices [2]. Market Driving Logic - Market sentiment has weakened, the supply - demand pattern of rebar is poor. Supply has shrunk but the profit per ton is okay with limited production reduction space. Demand continues the seasonal weakness, high - frequency indicators are at a low level, and the weak demand restricts steel prices. Although the cost has increased recently, the downward space is limited. Overall, steel prices are expected to continue the weak operation trend [3].