Report Industry Investment Rating - The report gives a view that the industry will operate in a range with a bullish bias [4] Core Viewpoint - The steel price rebounds driven by sentiment. The "Shanghai Seven - Point Policy" has led to a peak of visits to new - house sales offices in Shanghai last weekend, and the new - house trading volume in March has increased significantly compared with the same period last year. The continuous rise of the energy - chemical sector has spilled over to coking coal, which drove the rebound of finished steel products. However, the fundamentals of finished steel products themselves have changed little, mainly following the upward trend passively. The steel price is mainly determined by its own fundamentals, especially the downstream start - up situation [3][4] Summary According to Related Contents Policy and Market Conditions - Affected by the "Shanghai Seven - Point Policy", the new - house sales offices in Shanghai saw a peak of visits last weekend, and the new - house trading volume in March increased significantly year - on - year. From March 1st to 7th, the number of new - house online sign - ups in Shanghai was 2,312 units, a year - on - year increase of about 10%. On March 9th, the ex - factory含税 price of general billet resources in Qian'an, Tangshan increased by 30, reaching 2,960 yuan/ton [3] Price Movement and Market Sentiment - The continuous rise of the energy - chemical sector has spilled over to coking coal. Yesterday, the rise of coking coal drove the rebound of finished steel products. Both rebar and hot - rolled coils closed with a doji with an upper shadow. The overall market enthusiasm is high due to the rise in crude oil prices, and the prices of many varieties have increased. The steel price is mainly determined by its own fundamentals, especially the downstream start - up situation [4] Market Outlook - The finished steel products are expected to operate in a range with a bullish bias [4] Later Concerns - Macro - policies and downstream demand conditions [5]
华宝期货晨报成材-20260310
Hua Bao Qi Huo·2026-03-10 02:40