---
title: "Guotai CSI Iron & Steel ETF (515210) surged over 1%, with the pricing of the steel industry mainly driven by domestic demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282523997.md"
description: "On April 13th, the Guotai CSI Iron & Steel ETF (515210) surged over 1%. Huachuang Securities pointed out that the steel sector has low stock prices and low valuation attributes, with a high margin of safety. Pricing is mainly driven by domestic demand and is less affected by geopolitical risks. Currently, supply and demand are stable, and the industry is expected to see a recovery in prosperity. Supply has slightly increased, demand has declined, and steel prices are fluctuating and weakening. Attention should be paid to the pace of steel inventory destocking. Risk warning: Individual stock analysis does not constitute investment advice, and the risk-return characteristics of funds vary. Investors should exercise caution"
datetime: "2026-04-13T10:03:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282523997.md)
  - [en](https://longbridge.com/en/news/282523997.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282523997.md)
---

# Guotai CSI Iron & Steel ETF (515210) surged over 1%, with the pricing of the steel industry mainly driven by domestic demand

On April 13th, the Guotai CSI Iron & Steel ETF (515210) surged over 1%, with the pricing of the steel industry primarily driven by domestic demand.

HuaChuang Securities pointed out that the steel sector still possesses low stock prices and low valuation attributes, with a high margin of safety, and the pricing of the steel industry is mainly based on domestic demand, which is less affected by geopolitical risks. Currently, the industry's supply and demand are operating steadily at a phase, having reached a temporary bottom. In the future, as policies on both the supply and demand sides of the industry take effect, the industry is expected to see a recovery in prosperity. From this week's situation, the supply side of the industry continues to maintain slight growth, while the demand side has somewhat declined, coupled with a slow pace of social inventory digestion, leading to fluctuations and weakening in steel prices. In the short term, the industry will maintain the current balance, thereby allowing enterprises to maintain certain profits. The current industry pattern shows high supply, stable demand, and little fluctuation in steel prices and product profits. Future attention should be paid to the pace of steel inventory reduction.

The Guotai CSI Iron & Steel ETF (515210) tracks the CSI Iron & Steel Index (930606), which selects listed company securities involved in steel production, processing, and sales from the Shanghai and Shenzhen markets as index samples to reflect the overall performance of related listed company securities in the steel industry.

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