2026.02.02-02.06 螺纹钢、铁矿石 期货品种周报 01 P A R T 螺纹钢期货 Contents 01 中线行情分析 02 品种交易策略 03 相关数据情况 目录 中线行情分析 根据长城期货AI智能数据量化策略模型综合分析，螺纹钢期货主力 合约运行于2882至3330的横盘整理区间。 中线趋势判断 1 趋势判断逻辑 螺纹钢周度产量199万吨，表观消费量176万吨，主要钢厂库存149万 吨，社会库存523万吨。长城期货AI智能投询品种诊断报告显示螺纹钢 期货主力合约运行于横盘整理区间，近期市场关注度略有下降。 2 整理阶段可考虑网格交易策略，系统策略建议：天线3330，地线 2882，网格间距32，网格数量14。 中线策略建议 3 品种交易策略 上周策略回顾 螺纹钢期货主力合约进入震荡整理区间。 本周策略建议 根据长城期货AI智能大数据量化策略模型，螺纹钢期货主力 合约进入横盘整理区间，可考虑实施大网格交易策略。 现货企业套期保值建议 整理阶段建议观望等待新一轮中线趋势明朗。 相关数据情况 本报告数据来源为Wind、Mysteel、长城期货交易咨询部 相关数据情况 本报告数据来源为Wind、M ...

Group 1: Report Overview - The report is a weekly report on rebar and iron ore futures from January 26th to January 30th, 2026 [1][2] Group 2: Rebar Futures Analysis 2.1 Mid - term Market Analysis - The main contract of rebar futures is in a sideways consolidation range of 2882 - 3330. The weekly output is 2 million tons, the apparent consumption is 1.85 million tons, the inventory of major steel mills is 1.48 million tons, and the social inventory is 4.88 million tons. The market attention has slightly declined. A grid trading strategy is recommended with an antenna of 3330, a ground line of 2882, a grid spacing of 32, and 14 grid numbers [7] 2.2 Trading Strategy - Last week, the main contract of rebar futures entered an oscillatory consolidation range. This week, a large - grid trading strategy can be considered. For spot enterprises, it is recommended to wait and see until a new mid - term trend becomes clear [10][11][12] 2.3 Related Data - The data sources of the report are Wind, Mysteel, and the trading consultation department of Great Wall Futures [15][20][28] Group 3: Iron Ore Futures Analysis 3.1 Mid - term Market Analysis - The main contract of iron ore futures is in the fourth week of an oscillatory recovery phase. The global shipment volume last week was 29.29 million tons, the arrival volume at 45 major Chinese ports was 26.59 million tons, the inventory of steel enterprises was 93.88 million tons, and the inventory at domestic major ports was 167.66 million tons. The mid - term trend is in a red ladder channel. Steel production enterprises can consider a long - hedging strategy [34] 3.2 Trading Strategy - Last week, the mid - term price of iron ore was in the third week of the red ladder channel. This week, steel production and downstream demand enterprises can consider implementing a long - hedging strategy in steps at a 30% ratio [37] 3.3 Related Data - The data sources of the report are Wind, Mysteel, and the trading consultation department of Great Wall Futures [50]

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].