If steel futures are introduced, it will be more beneficial to steel stocks for several reasons:

The price of 1 steel is at a low level in recent five years. At this price, there is not much room to continue to rise, and after the global economic depression, steel prices have basically bottomed out.

After the introduction of futures, both parties need chips, the empty side needs chips to break the market, and many parties need chips to pull up, so it will definitely help steel prices rise, and the rise in steel prices will of course be indirectly reflected in the stock market, thus raising the stock price.