团队成员:刘洋 | 李一涛核心观点部分投资者的担心:钢铁行业反内卷是主题投资,行情持续性较差。当前有部分投资者认为,本周钢铁等板块行情交易的反内卷逻辑属于主题投资,不具备更加坚实的基本面支撑,因此对相关板块的行情持续性存在疑问。我们不同的观点:反内卷是钢铁行业利润改善的中期投资逻辑。钢铁行业经过2-3年的洗礼,企业普遍对单纯追求扩产不再抱有执念,提升吨钢盈利能力深入人心。从产业链上下游来看,我们...
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