From a macro perspective, the construction of infrastructure projects in various regions has become unsuccessful. In the first quarter, transportation investment may exceed expectations, while downstream procurement is also accelerating, which has made the steel market confidence growing. From the perspective of the industry itself, although the steel social inventories are still in a downward channel, the rate of inventory decline has directly affected the rise and fall of steel prices, while the recovery rate of steel mills is also accelerating, which will become the main factor to suppress the rise in steel prices, the futures market. The shock again, also makes the spot merchants enter the entanglement after the rise. On the whole, this week (2019.4.8-4.12) steel market will fall into the rubber in the inventory reduction and the rapid recovery of production.