CITIC Jiantou Securities said that it continues to be optimistic about the first quarter of the stainless steel coil sector.
In the first quarter, coal coke steel replenishment and stacking of production limits are expected to stimulate the price of stainless steel coils, and the market will be expected to be weak in the off-season.
At the same time, the first quarter is facing the peak season of construction, the credit and liquidity environment is more friendly; in addition, it is expected to launch the annual report expectations.
Regarding the reason for the sharp increase in performance, Jiugang Hongxing said that the country is promoting the supply-side structural reform as the main line, deepening reform and innovation, paying close attention to policy implementation, stabilizing the economic operation, and showing a good pattern of steady growth. ;
The excess capacity of the stainless steel coil industry was orderly resolved, and the contradiction between supply and demand in the market was significantly improved. The price of stainless steel coils showed a sharp rebound.