Zhongjin Wealth Futures: It is expected that the short-term steel futures price will mainly stabilize and operate in a volatile manner.

According to the Shanghai Gold Futures Research Report, the market sentiment is following the stability in raw materials, and steel prices are showing signs of stabilizing after a period of decline. Currently, the basic fundamentals of the steel industry have no strong internal driving force, and pricing logic follows cost fluctuations. With the stabilization of raw material prices and the upcoming "May Day" holiday, downstream end-users have certain rigidity in their expectations for stocking up, and it is expected that steel futures prices will mainly operate in a stable and oscillating manner in the short term.