Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - The short - term view of rebar 2510 is oscillatory, the medium - term view is downward, and the intraday view is weakly oscillatory. It is recommended to pay attention to the pressure at the MA10 line. The core logic is that the supply - demand pattern is weakly stable, and steel prices are oscillating at a low level [2] - The steel price is expected to continue the low - level oscillatory trend, and attention should be paid to the production and sales data released by Steel Union today [3] Group 3: Summary by Related Catalogs Variety Viewpoint Reference - For rebar 2510, the short - term is oscillatory, the medium - term is downward, and the intraday is weakly oscillatory. The view is to pay attention to the pressure at the MA10 line, with the core logic of a weakly stable supply - demand pattern and low - level oscillatory steel prices. There are also explanations for time - period definitions and calculation methods of price changes [2] Market Driving Logic - The strong rebound of coking coal boosts the market, and the ferrous metals rise collectively. The supply - demand pattern of rebar changes little. The weekly output decreases but remains at a relatively high level this year with weak sustainability, and the supply is expected to run stably. The weekly apparent demand rebounds slightly, while the high - frequency transactions are at a low level, and both are at low levels in the same period in recent years. There is still a high possibility of seasonal weakening in the future, and the demand side is weak, dragging down the fundamentals of rebar. The relatively positive factor is the low inventory, which gives elasticity to steel prices [3]

Group 1: Report Investment Rating - There is no information about the industry investment rating in the report. Group 2: Core Viewpoints - The short - term, medium - term, and intraday trends of rebar 2510 are expected to be oscillatory, oscillatory, and weakly oscillatory respectively. Attention should be paid to the pressure at the MA5 line, and the steel price is expected to oscillate to find the bottom due to the weakening demand expectation [2]. - The supply of rebar remains stable at a high level. Although the demand has recovered, there is a seasonal weakening expectation. Under high supply, industrial contradictions are likely to accumulate once the demand weakens, and the steel price will continue to be under pressure. With the low inventory as a positive factor, the steel price is expected to continue the oscillatory bottom - finding trend, and the demand performance should be monitored [3]. Group 3: Summary by Directory Variety Viewpoint Reference - For rebar 2510, the short - term view is oscillatory, the medium - term view is oscillatory, and the intraday view is weakly oscillatory. The reference is to pay attention to the pressure at the MA5 line, and the core logic is the weakening demand expectation and the steel price oscillating to find the bottom [2]. Market Driving Logic - The supply of rebar is stable at a high level. The demand, though recovered, has a seasonal weakening expectation. High supply combined with weakening demand may lead to the accumulation of industrial contradictions and pressure on steel prices. With low inventory as a positive factor, the steel price is expected to oscillate to find the bottom, and the focus is on demand performance [3].

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core View of the Report - The short - term, medium - term, and intraday trends of rebar 2510 are expected to be volatile, volatile, and slightly volatile respectively. Attention should be paid to the support at the MA5 line, and the weak expectations are being repaired, with steel prices stabilizing in a volatile manner [2]. Group 3: Summary by Related Content 3.1 Variety View Reference - For rebar 2510, the short - term and medium - term trends are "volatile", and the intraday trend is "slightly volatile". The view is to pay attention to the support at the MA5 line, and the core logic is that weak expectations are being repaired and steel prices are stabilizing in a volatile manner. The calculation of price changes and definitions of trends are also provided [2]. 3.2 Market Driving Logic - There are changes in both the supply and demand sides of rebar. The weekly output of rebar has decreased month - on - month, and supply has shrunk. At the same time, high - frequency demand indicators are also weakening, and major downstream industries have not improved, and will continue to weaken seasonally. Under the situation of weak supply and demand, the fundamentals of rebar have not improved substantially, and steel prices are still prone to pressure. The relatively positive factor is the warm market sentiment, and the short - term trend maintains a volatile and stable situation. Attention should be paid to the production and sales data released by Steel Union today [3].