Currently, the short-term market is entering a slight rebound phase after an oversold decline. The extent of the rebound largely depends on both domestic and international market conditions. With the Federal Reserve's interest rate hike in the US coming into effect, efforts to support the domestic economy, the expansion of the third round of real estate financing, and steel mills reducing production again, the market bulls are combining stop-loss orders with bearish profit-taking. This collectively drives the spot market to stabilize after a decline and experience localized rebounds. Under the influence of the rising futures market, prices of hot-rolled steel and construction materials have individually increased, but due to the impact, resource distribution, construction site operations, market transactions, and market fluctuations in the region are all significantly suppressed. There is pressure on the rise, and Q355B seamless steel tube suppliers are showing a strong wait-and-see attitude.