The steel sector initially surged at the market open, with Jiugang Hongxing hitting the daily limit.

At the market open, the steel sector rose in early gains. Jiuquan Steel & Hongxing hit the daily limit, while Anyang Iron & Steel, Liugang Co., Lingang Co., Hainan Mining, and Dayong Mining followed higher. Regarding related ETFs, the Steel ETF (515210) rose 1.0%, with trading volume of 14.8326 million yuan.

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