格林大华期货早盘：铁矿-20260227

Group 1: Report's Industry Investment Rating - Not provided Group 2: Report's Core View - On Thursday, iron ore closed higher, and it also closed higher during the night session. The downstream steel mills are gradually resuming work, with most resuming after the Lantern Festival. Currently, the resumption is mostly for electric - arc furnace steel, so the incremental demand for iron ore is limited. The daily output of hot metal this week was 2.3328 million tons, a week - on - week increase of 28,000 tons, and it is expected to continue to increase. It is recommended to hold long positions cautiously [1] Group 3: Summary by Relevant Catalog Market Review - Iron ore closed higher on Thursday and during the night session [1] Important Information - On February 18, 2026, the Executive Management Committee (GECEX) of the Brazilian Foreign Trade Commission issued Resolution No. 856 of 2026, making a positive anti - dumping final ruling on galvanized and aluminized zinc sheet coils originating from China, and deciding to impose an anti - dumping duty of $284.98 - 709.63 per ton on the Chinese products involved for a period of 5 years [1] - Around the Spring Festival in 2026, Chinese shipbuilding industry received many important orders in the international market, covering various ship types such as bulk carriers, ro - ro ships, and heavy - lift ships, showing strong competitiveness and global recognition, and laying a solid foundation for "both quantity and quality improvement" throughout the year [1] - This week, the supply of five major steel products was 7.9677 million tons, a week - on - week decrease of 1%; the total inventory of five major steel products was 18.4611 million tons, a week - on - week increase of 7.8%; the weekly consumption of five major products was 5.6464 million tons, a week - on - week decrease of 10.9%. Among them, the consumption of building materials decreased by 47.6%, and the consumption of plates decreased by 0.3% [1] Market Logic - Downstream steel mills are gradually resuming work, mostly after the Lantern Festival. Currently, the resumption is mainly for electric - arc furnace steel, so the incremental demand for iron ore is limited. The daily output of hot metal this week was 2.3328 million tons, a week - on - week increase of 28,000 tons, and it is expected to continue to increase [1] Trading Strategy - Hold long positions cautiously [1]