August steel analysis report

Sinosteel needs many policies, but overcapacity cannot be handled by 20 10. As long as overcapacity has to be effectively dealt with, and what kind of plans have been made and not implemented, it is difficult for steel prices to have a strong trend in the case of weak demand.

Based on all the factors of Baosteel, we think that the overall steel price of 20 10 will be relatively strong, but it will be stable to some extent. Because it involves supply and demand, it will be stable in stages and not pessimistic as a whole.

For detailed report reference, please refer to Resources.