Is steel a resource stock?

Resource stocks include coal and oil, as well as steel. The steel industry belongs to the raw material industry. From the industrial category, coal and oil belong to the primary industry, steel industry belongs to the secondary industry, and service industry and financial industry belong to the tertiary industry.

First of all, resources are generally divided into four directions, non-ferrous, steel, coal and petrochemical. Among them, the color classification is relatively fine, while the steel-coal linkage is the strongest, and the petrochemical market value is generally relatively large. Secondly, the fluctuations of such resource stocks are divided into large cycles and small cycles. The big cycle follows the whole macro-economy and many other factors, while the small cycle is the fixed intensity of economic activities every year. Therefore, when doing resources, there are many fates to judge excess returns, and there are still many opportunities to combine technical analysis and judgment every year.

Steel and coal, these two should be discussed together. After all, the upward trend of this round of steel is on the one hand the upward trend of iron ore, and on the other hand the price increase after the inventory decline. And coal is more to follow the demand of steel mills, so the kinetic energy of coal is still weaker than that of steel. Judging from the price increase factor, iron ore suppliers began to resume supply in July. In terms of inventory, steel has also begun to have no room for price increase, so a round of rising prices starting from the main steel is basically in place. Therefore, it is an interesting change of IDC to stimulate the kinetic energy of steel in the near future.

First of all, some steel enterprises continued to rise as early as the second quarter because it involved the conversion of chips. This time it is IDC. As expected, of course, 1DC is a high-energy project. This is an important asset. Iron and steel companies have their own advantages, that is, ultra-high pressure, so they have advantages in infrastructure and energy. The potential of. So what is interesting this time is whether the transformation of steel can change from short-term speculation to medium-term investment logic IDC consumption.

Precious metals also have colors, so let's talk about it. Workers in this industry have a great demand for platinum. In April, I said it would be good to continue to pay attention to this trend. There is also gold and silver, because of the limited increase in industrial demand, jewelry retail as a storage, after the retail data recovered in May. We need to pay attention to two points. First of all, the price of gold is already high. One thing, to break through, we need more capital accumulation. It takes time.