Report Summary 1. Report Industry Investment Rating No information provided in the report. 2. Core Viewpoints - For rebar futures, based on the comprehensive analysis of the Great Wall Futures AI intelligent big - data quantitative strategy model, the main contract of rebar futures has entered the fourth week of the red energy ladder area. The daily - level price of rebar futures is in an upward channel, and steel spot enterprises can consider an 80% long - hedging plan [7]. - For iron ore futures, according to the Great Wall Futures AI intelligent data model, the main contract of iron ore futures has entered the third week of the medium - term red energy stage area, and spot enterprises can consider a step - by - step 50% long - hedging strategy [33]. 3. Summary by Directory Rebar Futures - **Mid - term Market Analysis** - The main contract of rebar futures has entered the fourth week of the red energy ladder area. The weekly output of rebar is 2.09 million tons, the apparent consumption is 2.06 million tons, the inventory of major steel mills is 1.73 million tons, and the social inventory is 5.66 million tons. The daily - level price of rebar futures is in an upward channel. Steel spot enterprises can consider an 80% long - hedging plan [7]. - **Variety Trading Strategy** - **Last Week's Strategy Review**: The main contract of rebar futures entered the third week of the red energy ladder area [10]. - **This Week's Strategy Suggestion**: The main contract of rebar futures is in the fourth week of the red energy ladder area in the medium - term trend. Steel spot enterprises can consider a step - by - step 80% long - hedging strategy [11][12]. - **Related Data Situation** - **Variety Diagnosis Situation**: The main funds of rebar futures are strongly bearish, with a multi - short flow of - 81.0. The capital energy is 17.5 FP, remaining basically stable. The multi - short divergence is 97.3, indicating a high risk of market reversal [25]. Iron Ore Futures - **Mid - term Market Analysis** - The main contract of iron ore futures has entered the third week of the medium - term red energy stage area. The global shipment volume of iron ore last week was 29.87 million tons, the arrival volume at 45 major ports in China was 26.62 million tons, the inventory of steel enterprises was 88.22 million tons, and the inventory at major domestic ports was 137.85 million tons. Spot enterprises can consider a step - by - step 50% long - hedging strategy [33]. - **Variety Trading Strategy** - **Last Week's Strategy Review**: The main contract of iron ore futures entered the second week of the medium - term red energy stage area [36]. - **This Week's Strategy Suggestion**: Spot enterprises can consider a step - by - step 50% long - hedging strategy [36]. - **Related Data Situation** - Specific variety diagnosis and selected indicator data are not provided in the text.

Group 1: General Information - Report period: July 14 - 18, 2025 [1] - Report title: Weekly Report on Rebar and Iron Ore Futures [2] Group 2: Rebar Futures 1. Mid - term Market Analysis - The main contract of rebar futures has entered the third week of the red energy ladder area according to the Great Wall Futures AI intelligent big - data quantitative strategy model [7] - The weekly output of rebar is 2.16 million tons, the apparent consumption is 2.21 million tons, the inventory of major steel mills is 1.8 million tons, and the social inventory is 5.56 million tons [7] - The daily - level price of rebar futures is in an upward channel, and the long - side camp of the main force has a slight advantage [7] - Steel spot enterprises can consider a 70% long - side hedging plan [7] 2. Variety Trading Strategy - Last week's strategy review: The main contract of rebar futures entered the second week of the red energy ladder area [10] - This week's strategy suggestion: The main contract of rebar futures is in the third week of the red energy ladder area in the mid - term trend [11] - Hedging suggestion for spot enterprises: Steel spot enterprises can consider implementing a 70% long - side hedging strategy step by step [12] 3. Relevant Data Situation - Data sources: Wind, Mysteel, and the trading consultation department of Great Wall Futures [16][29] - Variety diagnosis: The long - short flow shows that the main force is slightly long, the capital energy is basically stable, and there is a certain degree of sentiment divergence [26] Group 3: Iron Ore Futures 1. Mid - term Market Analysis - The main contract of iron ore futures has entered the second week of the mid - term red energy stage area according to the Great Wall Futures AI intelligent data model [35] - In terms of supply, the global shipment volume of iron ore last week was 2.994 million tons, the arrival volume at 45 major ports in China was 2.483 million tons, the inventory of steel enterprises was 8.979 million tons, and the inventory of domestic major ports was 13.765 million tons [35] - The AI intelligent investment consultation of Great Wall Futures shows that iron ore is operating in the red stage area [35] - Spot enterprises can consider implementing a long - side hedging strategy step by step [35] 2. Variety Trading Strategy - Last week's strategy review: The main contract of iron ore futures entered the first week of the mid - term red energy stage area [38] - This week's strategy suggestion: Spot enterprises can consider implementing a long - side hedging strategy step by step [38] 3. Relevant Data Situation - Data sources: Wind, Mysteel, and the trading consultation department of Great Wall Futures [41][54] - Variety diagnosis and selected indicator situations are mentioned but specific details are not fully provided [50][52]

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - The futures of rebar and iron ore have entered the red energy ladder or phase area, indicating a certain upward trend. Steel and iron ore spot enterprises are advised to consider multi - party hedging strategies [7][32]. 3. Summary by Catalog Rebar Futures - **Mid - line Market Analysis** - The main contract of rebar futures has entered the second week of the red energy ladder area. The weekly output of rebar is 2.21 million tons, the apparent consumption is 2.24 million tons, the inventory of major steel mills is 1.8 million tons, and the social inventory is 5.63 million tons. The daily - level price of rebar futures is in an upward channel. Steel spot enterprises can consider a 60% multi - party hedging plan [7]. - **Variety Trading Strategy** - **Last Week's Strategy Review**: The main contract of rebar futures entered the first week of the red energy ladder area [10]. - **This Week's Strategy Recommendation**: The main contract of rebar futures is in the second week of the red energy ladder area in the mid - line trend. Steel spot enterprises can consider implementing a 60% multi - party hedging strategy step by step [11][12]. - **Related Data Situation** - The report mentions "Related data situation" multiple times but does not provide specific data content except for the data in the mid - line market analysis [13][16][18]. Iron Ore Futures - **Mid - line Market Analysis** - The main contract of iron ore futures has entered the first week of the mid - line red energy phase area. The global shipping volume of iron ore last week was 33.57 million tons, the arrival volume at 45 major ports in China was 23.63 million tons, the inventory of steel enterprises was 89.18 million tons, and the inventory at major domestic ports was 138.78 million tons. Iron ore is running in the red phase area. Spot enterprises can consider implementing a multi - party hedging strategy step by step [32]. - **Variety Trading Strategy** - **Last Week's Strategy Review**: The daily - level of iron ore futures was in the sideways consolidation stage [35]. - **This Week's Strategy Recommendation**: Spot enterprises can consider implementing a multi - party hedging strategy step by step [35]. - **Related Data Situation** - The report mentions "Related data situation" multiple times but does not provide specific data content except for the data in the mid - line market analysis [36][38][40].