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2025-07-30 10:28:06
[The A-share steel index rose 3.1%, hitting a three-year high, and steel profits are expected to increase further] 1. The A-share steel sector performed strongly in early trading on Wednesday, and the CSI Steel Index rose 3.1% at one point, hitting a three-year high. 2. CICC Research Report stated that since the beginning of this year, the steel industry has frequently introduced policies to reduce supply, and industry profits have improved significantly. The July meeting of the Central Financial and Economic Commission emphasized the governance of low-price disorderly competition and the promotion of the withdrawal of backward production capacity, and steel profits have further increased. With the increase in crude steel production cuts and the easing of iron ore supply, steel companies' profits still have room to rise, and the industry's weak position is expected to be reversed. 3. Cinda Securities pointed out that although there are contradictions between supply and demand, with the support of the "stable growth" policy, the demand for real estate, infrastructure, manufacturing and exports is stable. Coupled with the expectation of "anti-involution" policies, the supply and demand situation of steel is expected to remain stable, and the concentration of the industry will continue to increase.
