The driving force that this round of hot coil is stronger than rebar is that the hot metal of hot coil flows to rebar, and the supply and demand situation of hot coil can only be solved by the return of threaded hot metal. Until the spot price of hot coil is higher than that of rebar, and it is enough to drive molten iron to return to hot coil, the strength of hot coil for rebar will continue, and the spot price of hot coil will be further promoted when the supply of hot coil is less than the demand.

At the same time, this round of hot coil rebound mainly follows the logic of supply reduction, and the power of supply reduction may begin to weaken at the end of July. However, if the demand for cold rolling relays in the later stage, the extent and space of coil rebound will be expanded again, and the coil market is expected to change from supply single-wheel drive to supply and demand two-wheel drive.