On April 15, affected by the news that steel demand may show a pulsating rebound, the A-share iron and steel plate was pulled stronger. As of press release, Hongxing of Jiuquan Iron and Steel Co., Ltd., Dazhong Mining Co., Ltd., Sheng Dexintai rose by more than 10%. Stocks such as Hegang Resources, Hainan Mining, Jinling Mining, Hegang shares and Bayi Iron and Steel rose.
Guosheng Securities pointed out that the recovery of manufacturing demand superimposed carbon peak and carbon neutralization background, the profit logic of the iron and steel industry was reconstructed, steel enterprises further benefited from the cycle, and remained bullish on the iron and steel sector for a long time. National defense industry, aerospace industry superimposed broad domestic alternative space, high temperature alloy, special stainless steel, ultra-high strength steel and other products occupy an absolutely dominant position, it is suggested to focus on the special steel bibcock with high scene demeanor in the industry.
Guotai Junan Securities believes that at present, the demand for steel production and automobile is already in the position to pick up at the bottom, and the demand for infrastructure is also waiting for accelerated replenishment, while superimposing the high demand for steel exports, with the emergence of an inflection point in the national epidemic, steel demand may show a pulsating rebound.
