Ruida Futures(SZ:002961) Rui Da Qi Huo·2026-03-24 10:52Report Summary 1. Report Industry Investment Rating - Not provided in the report 2. Core Viewpoint - The HC2605 contract reduced positions and consolidated on Tuesday. The macro - situation emphasizes the positioning of Xiongan New Area. The weekly output of hot - rolled coils increased slightly, the capacity utilization rate remained around 75%. Terminal demand continued to rise, and inventory continued to decline. Overall, furnace materials are firm and demand is rising, but the chaotic international situation affects market sentiment. Technically, the 1 - hour MACD indicator of the HC2605 contract shows that DIFF and DEA operate above the 0 - axis. It is recommended for short - term trading with attention to risk control [2] 3. Summary by Relevant Catalogs Futures Market - HC main contract closing price: 3,324 yuan/ton, down 6 yuan; HC main contract position: 1,024,272 lots, down 31,099 lots; HC contract top 20 net position: - 54,418 lots, up 1,215 lots; HC5 - 10 contract spread: - 7 yuan/ton, down 1 yuan; HC Shanghai Futures Exchange warehouse receipt: 525,512 tons, down 294 tons; HC2605 - RB2605 contract spread: 179 yuan/ton, up 3 yuan [2] Spot Market - Hangzhou 4.75 hot - rolled coil: 3,330 yuan/ton, unchanged; Guangzhou 4.75 hot - rolled coil: 3,300 yuan/ton, unchanged; Wuhan 4.75 hot - rolled coil: 3,350 yuan/ton, unchanged; Tianjin 4.75 hot - rolled coil: 3,240 yuan/ton, up 10 yuan; HC main contract basis: 6 yuan/ton, up 6 yuan; Hangzhou hot - rolled coil - rebar spread: 50 yuan/ton, up 10 yuan [2] Upstream Situation - Qingdao Port 61.5% PB powder ore: 799 yuan/wet ton, unchanged; Hebei quasi - first - class metallurgical coke: 1,490 yuan/ton, unchanged; Tangshan 6 - 8mm scrap steel: 2,180 yuan/ton, unchanged; Hebei Q235 billet: 2,990 yuan/ton, up 10 yuan; 45 - port iron ore inventory: 171.0267 million tons, down 0.8913 million tons; Sample coking plant coke inventory: 523,500 tons, down 37,500 tons; Sample steel mill coke inventory: 6.8778 million tons, up 1,600 tons; Hebei billet inventory: 2.4953 million tons, up 90,200 tons [2] Industry Situation - 247 steel mill blast furnace operating rate: 79.80%, up 1.44 percentage points; 247 steel mill blast furnace capacity utilization rate: 85.55%, up 2.65 percentage points; Sample steel mill hot - rolled coil output: 3.0021 million tons, up 49,500 tons; Sample steel mill hot - rolled coil capacity utilization rate: 76.69%, up 1.26 percentage points; Sample steel mill hot - rolled coil factory inventory: 849,600 tons, down 43,200 tons; 33 - city hot - rolled coil social inventory: 3.7633 million tons, down 59,800 tons; Domestic crude steel output: 68.18 million tons, down 1.69 million tons; Steel net export volume: 7.47 million tons, up 180,000 tons [2] Downstream Situation - Automobile production: 1.6724 million vehicles, down 777,400 vehicles; Automobile sales: 1.8052 million vehicles, down 541,300 vehicles; Air - conditioner output: 21.6289 million units, up 6.6029 million units; Household refrigerator output: 10.0115 million units, up 569,500 units; Household washing machine output: 11.975 million units, down 38,000 units [2] Industry News - Iran's new supreme leader's military advisor emphasized that Iran will not stop the war until it gets all compensation, all economic sanctions are lifted, and it gets international legal guarantees that the US will not interfere in its affairs. Since September 2024, the China Iron and Steel Association has carried out the publicity work of energy - efficiency benchmark demonstration enterprises for the steel extreme energy - efficiency project, and 40 steel enterprises have been accepted and publicized on the CISA website [2]