China's steel industry stands at a critical crossroads. The profitability of over half of the steel enterprises is a hard-won positive signal, marking that the industry has preliminarily weathered the most difficult period. However, it is too early to celebrate. Uncertainties in international geopolitics (such as US-Iran talks), high raw material costs, and profound adjustments in domestic demand structure constitute hurdles that must be crossed. Looking ahead, under the dual influence of costs and policies, steel prices are highly likely to continue a "staggering upward trend." For steel enterprises, the true test lies not in short-term price fluctuations, but in whether they can utilize this window of profit repair to unswervingly promote green, high-end, and intelligent transformation, ultimately establishing core competitiveness in the new track of high-quality development. The road to industry recovery is destined to be a contest of endurance and wisdom.
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