[The spread between coil and rebar may continue to narrow in August, and the inversion of the spread cannot be ruled out]

Comprehensively speaking, against the backdrop of the transition from the old to the new national standards for rebar, multiple steel mills have conducted maintenance on rebar-related production lines to ensure the smooth digestion of old national standard inventories; however, blast furnace maintenance has not occurred on a large scale, and molten iron output is expected to increase rather than decrease next week. In this scenario, molten iron is likely to continue to shift towards plate production lines. Plate inventories remained high in the first half of the year, and the accumulation pressure continued to increase due to the low possibility of hot-rolled coil production cuts...