Long and short seesaw fierce, steel price trend to be clear

Although the excessively bearish sentiment is being repaired, from the current trend, although the futures disk has risen, the strength of the rise is obviously weak, and the bulls and bears are currently in a continuous tug of war. In a short period of time, the game will continue, and the current position is also a key point, and there are opportunities up and down. From the perspective of the game focus, the supply and demand structure will be adjusted in the near future.
This week, the steel mills continued to reduce production expectations, but according to the market, the current production reduction efforts of steel mills in various places are still general, which increases the market panic. Therefore, the sentiment of traders is also two-sided. On the one hand, they question the strength of steel mills to reduce production, and on the other hand, they pin their hopes on steel mills to speed up production reduction and reduce the pressure on the supply side. From the trend point of view, it is expected to form a significant reduction in the future, thereby easing the pressure on the raw material end.
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As far as coking coal is concerned, the bottoming and rebound has been completed in the short term. From the perspective of coking coal supply and demand structure, the supply side continues to face unstable arrivals.
Coke companies are affected by losses, and some coke companies have reduced production, so for the steel demand side, the coke supply will be further tight, which will form a staged support for prices. However, at the same time, the supply of coking coal has decreased, which to a certain extent has buffered the impact of the reduction of coke production.
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For steel, the current policy side continues to promote the expected effect, but from the perspective of the fermentation situation, the force is slightly insufficient; from the perspective of the demand side performance this week, it is still tepid and has not fallen below the expected value of traders. But there was no brilliant situation.
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In the short term, we still adhere to the shocking view. At present, there are constant disputes about 4000 and 4400, but the short-term view remains unchanged for the time being. The current position is more critical.