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As of the close on May 19th, the profit of rebar steel plate in the steel mill was 162.52 yuan/ton, an increase of 35.9 yuan compared to the previous trading day. (The profit of rebar steel plate on the market = main rebar steel price – theoretical cost of rebar steel (2.4 main iron ore price + 0.68 main coke price + 250). When the profit is high, one can short rebar and long iron ore and coke; when the profit is low, one can long rebar and short iron ore and coke. This arbitrage model is for reference only and does not constitute investment advice.)
