Industrial products are rising, coking coal and coke are rising, what is the trend of the steel market?

Today, the overall steel market fluctuates slightly, and some varieties show mixed ups and downs. Generally speaking, the spot market is weaker than the disk, and the market mentality is cautious.
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Is the market back?
Looking at the market, threaded coils and hot coils have basically fallen by about 120 yuan from last week’s high to yesterday’s low. But today, with the withdrawal of some short sellers in the thread, the disk rebounded slightly, and the rhythm changed quickly. Is the decline over?
First of all, we must understand why it rose today? Is it a small rise or a big rise? From the point of view of the entire commodity, the chemical industry performed the strongest, and many varieties rose sharply. Even non-ferrous metals such as zinc and nickel performed better, and ferrous metals such as coking coal and coke bucked the trend. Industrial products and ferrous metals as a whole have different frequencies. Only ferrous metals are weak during the decline, and the market is difficult to go smoothly. Conversely, during the rising process, the amplitude of thread and hot coil is relatively small, and the two are still relatively weak.
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From the current point of view, the falling market has turned into a shock again, and the market has twists and turns. From the perspective of finished products, the current market divergence is increasing, and the camp of steel mills is also divided to a certain extent, with both price hikes and price cuts. However, judging from the price policies of Baowu and Anben Iron and Steel in August, the plate products are basically stable and rising, which also shows that steel mills are optimistic about the market outlook. In addition, the demand structure of variety steel is still good.
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From the perspective of raw materials in a short period of time, if coke initiates a second round of price increases, it is inevitable that coke steel will start a game, and there is no need to kill steel. From the perspective of policy, what is bad will be stimulated, and then corresponding policies will be issued, which can also be seen where the pressure is relatively high. What matters is the effect of the policy.