Galaxy Securities' Research Reports point out that macro policies continue to take effect, which is beneficial for improving the concentration of the Steel Industry and addressing the long-standing imbalance between supply and demand, with leading General Steel companies likely to benefit. At the same time, as the manufacturing industry transforms and upgrades, the demand for medium and high-end Special Steel is expected to grow rapidly. It is recommended to focus on: leading General Steel companies benefiting from marginal demand improvements due to bullish policy expectations + blue chip companies in the Special Steel Sector with favorable fundamentals.