成材：关注周度基本面数据钢价震荡运行-20260319

Group 1: Report Industry Investment Rating - The investment rating for the steel industry is "oscillating operation" [2] Group 2: Core Viewpoints of the Report - The steel price is expected to oscillate. Attention should be paid to the weekly fundamental data and the downstream demand situation, and the rebound height is limited [1][2] Group 3: Summary According to Related Contents Steel Export - In February 2026, China exported 4.63 million tons of steel sheets, a year - on - year decrease of 12.6%; from January to February, the cumulative export was 9.33 million tons, a year - on - year decrease of 14.5% [1] Steel Production Cost and Profit - This week, after the blast furnace maintenance in Tangshan's mainstream sample steel mills ended, the cost decreased. The ex - factory price of common billet was 2,980 yuan/ton, and the steel mills were on the verge of profit and loss with reduced losses [1] - On March 18, the average cost of 76 independent electric arc furnace construction steel mills was 3,403 yuan/ton, a daily increase of 7 yuan/ton, and the average profit loss was 86 yuan/ton [1] Automobile Market - From March 1 - 15, the retail sales of the national passenger car market were 0.561 million vehicles, a year - on - year decrease of 21% and a month - on - month increase of 2%. Since the beginning of this year, the cumulative retail sales have been 3.14 million vehicles, a year - on - year decrease of 19% [1] Steel Price Support Factors - Recently, the rise in raw materials has provided cost - side support for steel prices, and the rise of the black metal sector is also driven by inflation in the overall commodity market [1]