deuceswildstrategy| The thread hot coil market was mixed: an increase of 1.71%, a decrease of 1.19%, and the supply and demand pattern needs to be improved

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The rebar and hot coil market continued its upward trend, with the RB2410 contract closing at 3800 yuan/ton, an increase of 1.1%.deuceswildstrategy.71%deuceswildstrategy; The HC2410 contract fell slightly, closing at 3910 yuan/ton, a decrease of 1.19%.

According to the latest data from the steel network, building materials output increased by 33,700 tons to 3.4742 million tons last week, while total inventories decreased by 278,000 tons to 8.9628 million tons. Hot coil production increased by 53,000 tons to 3.88 million tons, and total inventories fell by 67,700 tons to 3.6462 million tons.

The safety accident at Heilongjiang Xing 'an Coal Mine has attracted market attention and may lead to the strengthening of security inspection measures and bring uncertainty to the supply of raw materials. At the same time, as the production of molten iron monitored by SMM continues to grow, charging material prices are expected to rise, which enhances the support of rolling material costs.

Although the continuous introduction of favorable policies in the real estate market has stimulated the market's expectations for future demand, the fundamentals of steel are still weak and optimism lacks a solid realistic foundation. Therefore, it is recommended to adopt a cautious and bullish attitude in operational strategies.