Group 1: Report Overview - Report period: July 28 - August 1, 2025 [1] - Reported futures varieties: Rebar and iron ore [2] Group 2: Rebar Futures Mid - term Market Analysis - Mid - term trend: The main contract of rebar futures has entered the fifth week of the red energy ladder area. [7] - Trend judgment logic: Weekly output is 2.11 million tons, apparent consumption is 2.16 million tons, major steel mills' inventory is 1.65 million tons, and social inventory is 5.7 million tons. The daily - level price is in an upward channel. [7] - Mid - term strategy: Steel spot enterprises can consider a 30% long - hedging plan. [7] Variety Trading Strategy - Last week's strategy review: The main contract of rebar futures was in the fourth week of the red energy ladder area. [10] - This week's strategy: The main contract of rebar futures is in the fifth week of the red energy ladder area. [11] - Spot enterprise hedging advice: Steel spot enterprises can consider implementing a 30% long - hedging strategy step - by - step. [12] Group 3: Iron Ore Futures Mid - term Market Analysis - Mid - term trend: The main contract of iron ore futures has entered the fourth week of the mid - term red energy stage area. [32] - Trend judgment logic: Global shipping volume last week was 31.09 million tons, arrivals at 45 major Chinese ports were 23.71 million tons, steel enterprises' inventory was 88.85 million tons, and domestic major ports' inventory was 137.9 million tons. [32] - Mid - term strategy: Spot enterprises can consider implementing a 30% long - hedging strategy step - by - step. [32] Variety Trading Strategy - Last week's strategy review: The main contract of iron ore futures entered the third week of the mid - term red energy stage area. [35] - This week's strategy: Spot enterprises can consider implementing a 30% long - hedging strategy step - by - step. [35] Group 4: Data Source - The data in this report is from Wind, Mysteel, and the trading consulting department of Great Wall Futures. [51]