山金期货黑色板块日报-20260108

Group 1: Report Summary - The report is a daily report of the black sector by Shan Jin Futures, covering steel products such as rebar, hot-rolled coils, and iron ore [1] Group 2: Rebar and Hot-rolled Coil Core Viewpoint - In the consumption off-season, supply and demand are both weak, winter storage is yet to come, macro confidence is strengthening, the stock market is breaking through strongly, and the sharp rise of coking coal and coke boosts confidence, so the upward space of futures prices is greater than the downward space [2] Operation Suggestion - Hold long positions and conduct mid - line trading. For those with no positions, it is not recommended to chase the rise. Enter the market to buy on pullbacks [2] Data Summary - Price: The closing price of the rebar main contract is 3,187 yuan/ton, up 2.44% from the previous day and 2.08% from last week; the closing price of the hot - rolled coil main contract is 3,332 yuan/ton, up 2.11% from the previous day and 1.90% from last week [2] - Production: The national rebar production of building material steel mills is 188.22 tons, up 2.08% from last week; the hot - rolled coil production is 304.51 tons, up 3.74% from last week [2] - Inventory: The social inventory of the five major varieties is 850.78 tons, down 2.50% from last week; the rebar social inventory is 282.66 tons, down 3.92% from last week; the hot - rolled coil social inventory is 288.64 tons, down 2.72% from last week [2] - Apparent Demand: The apparent demand of the five major varieties is 841.02 tons, up 0.89% from last week; the rebar apparent demand is 200.44 tons, down 1.11% from last week; the hot - rolled coil apparent demand is 310.77 tons, up 1.21% from last week [2] Group 3: Iron Ore Core Viewpoint - Although the market is in the consumption off - season, iron ore prices are supported by the sharp rebound of coking coal and coke, and the 05 contract is clearly supported by the 10 - day moving average, with a mid - line level upward trend unfolding [4] Operation Suggestion - Hold long positions and conduct mid - line trading [4] Data Summary - Price: The settlement price of the DCE iron ore main contract is 828 yuan/dry ton, up 3.37% from the previous day and 4.88% from last week; the settlement price of the SGX iron ore continuous contract is 109.05 US dollars/dry ton, up 2.42% from the previous day and 4.18% from last week [5] - Supply: The Australian iron ore shipment is 1,698.5 tons, down 10.86% from last week; the Brazilian iron ore shipment is 698.5 tons, down 14.46% from last week [5] - Inventory: The total port inventory is 15,970.89 tons, up 0.71% from last week; the port trade ore inventory is 10,833.52 tons, up 0.48% from last week; the total inventory of imported sinter powder ore of 64 sample steel mills is 1,261.72 tons, up 4.60% from last week [5] Group 4: Industry News - Key coking enterprises agreed to continue to actively limit and reduce production, reduce or stop purchasing high - priced coal, optimize the coal inventory structure, communicate with steel mills to stabilize prices, and stop shipments if steel mills ask for price cuts again [7] - According to data, the national building material production is 445.32 tons, down 4.96 tons from last week; the social inventory is 343.99 tons, down 6.06 tons from last week; the apparent demand is 429.93 tons, down 37.54 tons from last week [7] - The steel inventory of key steel enterprises is 1,414 tons, down 11.7% from the previous ten - day period, up 14.3% from the beginning of the year, down 1.0% from the same ten - day period of last month, up 14.3% from the same ten - day period of last year, and up 14.4% from the same ten - day period of the year before last [7] - The planned rebar production in January is 731.22 tons, an increase of 25.98 tons or 3.68% from the actual production in December [8] - Mongolia has revoked the special mining licenses of 4 companies, which will not affect Mongolia's coal exports to China [8]