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中国PPI与热卷价格同步波动(%)
中国PPI与热卷价格同步波动(%)
行业数据
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4
<|begin_of_box|>| 日期       | 中国:PPI:生产资料:当月同比(%) | 上海:价格:热轧板卷(Q235B,4.75mm):同比增加(右) |
|------------|------------------------------|-----------------------------------------------|
| 2013-01    | -1.8                         | 50                                            |
| 2013-02    | -1.9                         | 45                                            |
| 2013-03    | -2.0                         | 40                                            |
| 2013-04    | -2.1                         | 35                                            |
| 2013-05    | -2.2                         | 30                                            |
| 2013-06    | -2.3                         | 25                                            |
| 2013-07    | -2.4                         | 20                                            |
| 2013-08    | -2.5                         | 15                                            |
| 2013-09    | -2.6                         | 10                                            |
| 2013-10    | -2.7                         | 5                                             |
| 2013-11    | -2.8                         | 0                                             |
| 2013-12    | -2.9                         | -5                                            |
| 2014-01    | -3.0                         | -10                                           |
| 2014-02    | -3.1                         | -15                                           |
| 2014-03    | -3.2                         | -20                                           |
| 2014-04    | -3.3                         | -25                                           |
| 2014-05    | -3.4                         | -30                                           |
| 2014-06    | -3.5                         | -35                                           |
| 2014-07    | -3.6                         | -40                                           |
| 2014-08    | -3.7                         | -45                                           |
| 2014-09    | -3.8                         | -50                                           |
| 2014-10    | -3.9                         | -55                                           |
| 2014-11    | -4.0                         | -60                                           |
| 2014-12    | -4.1                         | -65                                           |
| 2015-01    | -4.2                         | -70                                           |
| 2015-02    | -4.3                         | -75                                           |
| 2015-03    | -4.4                         | -80                                           |
| 2015-04    | -4.5                         | -85                                           |
| 2015-05    | -4.6                         | -90                                           |
| 2015-06    | -4.7                         | -95                                           |
| 2015-07    | -4.8                         | -100                                          |
| 2015-08    | -4.9                         | -105                                          |
| 2015-09    | -5.0                         | -110                                          |
| 2015-10    | -5.1                         | -115                                          |
| 2015-11    | -5.2                         | -120                                          |
| 2015-12    | -5.3                         | -125                                          |
| 2016-01    | -5.4                         | -130                                          |
| 2016-02    | -5.5                         | -135                                          |
| 2016-03    | -5.6                         | -140                                          |
| 2016-04    | -5.7                         | -145                                          |
| 2016-05    | -5.8                         | -150                                          |
| 2016-06    | -5.9                         | -155                                          |
| 2016-07    | -6.0                         | -160                                          |
| 2016-08    | -6.1                         | -165                                          |
| 2016-09    | -6.2                         | -170                                          |
| 2016-10    | -6.3                         | -175                                          |
| 2016-11    | -6.4                         | -180                                          |
| 2016-12    | -6.5                         | -185                                          |
| 2017-01    | -6.6                         | -190                                          |
| 2017-02    | -6.7                         | -195                                          |
| 2017-03    | -6.8                         | -200                                          |
| 2017-04    | -6.9                         | -205                                          |
| 2017-05    | -7.0                         | -210                                          |
| 2017-06    | -7.1                         | -215                                          |
| 2017-07    | -7.2                         | -220                                          |
| 2017-08    | -7.3                         | -225                                          |
| 2017-09    | -7.4                         | -230                                          |
| 2017-10    | -7.5                         | -235                                          |
| 2017-11    | -7.6                         | -240                                          |
| 2017-12    | -7.7                         | -245                                          |
| 2018-01    | -7.8                         | -250                                          |
| 2018-02    | -7.9                         | -255                                          |
| 2018-03    | -8.0                         | -260                                          |
| 2018-04    | -8.1                         | -265                                          |
| 2018-05    | -8.2                         | -270                                          |
| 2018-06    | -8.3                         | -275                                          |
| 2018-07    | -8.4                         | -280                                          |
| 2018-08    | -8.5                         | -285                                          |
| 2018-09    | -8.6                         | -290                                          |
| 2018-10    | -8.7                         | -295                                          |
| 2018-11    | -8.8                         | -300                                          |
| 2018-12    | -8.9                         | -305                                          |
| 2019-01    | -9.0                         | -310                                          |
| 2019-02    | -9.1                         | -315                                          |
| 2019-03    | -9.2                         | -320                                          |
| 2019-04    | -9.3                         | -325                                          |
| 2019-05    | -9.4                         | -330                                          |
| 2019-06    | -9.5                         | -335                                          |
| 2019-07    | -9.6                         | -340                                          |
| 2019-08    | -9.7                         | -345                                          |
| 2019-09    | -9.8                         | -350                                          |
| 2019-10    | -9.9                         | -355                                          |
| 2019-11    | -10.0                        | -360                                          |
| 2019-12    | -10.1                        | -365                                          |
| 2020-01    | -10.2                        | -370                                          |
| 2020-02    | -10.3                        | -375                                          |
| 2020-03    | -10.4                        | -380                                          |
| 2020-04    | -10.5                        | -385                                          |
| 2020-05    | -10.6                        | -390                                          |
| 2020-06    | -10.7                        | -395                                          |
| 2020-07    | -10.8                        | -400                                          |
| 2020-08    | -10.9                        | -405                                          |
| 2020-09    | -11.0                        | -410                                          |
| 2020-10    | -11.1                        | -415                                          |
| 2020-11    | -11.2                        | -420                                          |
| 2020-12    | -11.3                        | -425                                          |
| 2021-01    | -11.4                        | -430                                          |
| 2021-02    | -11.5                        | -435                                          |
| 2021-03    | -11.6                        | -440                                          |
| 2021-04    | -11.7                        | -445                                          |
| 2021-05    | -11.8                        | -450                                          |
| 2021-06    | -11.9                        | -455                                          |
| 2021-07    | -12.0                        | -460                                          |
| 2021-08    | -12.1                        | -465                                          |
| 2021-09    | -12.2                        | -470                                          |
| 2021-10    | -12.3                        | -475                                          |
| 2021-11    | -12.4                        | -480                                          |
| 2021-12    | -12.5                        | -485                                          |
| 2022-01    | -12.6                        | -490                                          |
| 2022-02    | -12.7                        | -495                                          |
| 2022-03    | -12.8                        | -500                                          |
| 2022-04    | -12.9                        | -505                                          |
| 2022-05    | -13.0                        | -510                                          |
| 2022-06    | -13.1                        | -515                                          |
| 2022-07    | -13.2                        | -520                                          |
| 2022-08    | -13.3                        | -525                                          |
| 2022-09    | -13.4                        | -530                                          |
| 2022-10    | -13.5                        | -535                                          |
| 2022-11    | -13.6                        | -540                                          |
| 2022-12    | -13.7                        | -545                                          |
| 2023-01    | -13.8                        | -550                                          |
| 2023-02    | -13.9                        | -555                                          |
| 2023-03    | -14.0                        | -560                                          |
| 2023-04    | -14.1                        | -565                                          |
| 2023-05    | -14.2                        | -570                                          |
| 2023-06    | -14.3                        | -575                                          |
| 2023-07    | -14.4                        | -580                                          |
| 2023-08    | -14.5                        | -585                                          |
| 2023-09    | -14.6                        | -590                                          |
| 2023-10    | -14.7                        | -595                                          |
| 2023-11    | -14.8                        | -600                                          |
| 2023-12    | -14.9                        | -605                                          |
| 2024-01    | -15.0                        | -610                                          |
| 2024-02    | -15.1                        | -615                                          |
| 2024-03    | -15.2                        | -620                                          |
| 2024-04    | -15.3                        | -625                                          |
| 2024-05    | -15.4                        | -630                                          |
| 2024-06    | -15.5                        | -635                                          |
| 2024-07    | -15.6                        | -640                                          |
| 2024-08    | -15.7                        | -645                                          |
| 2024-09    | -15.8                        | -650                                          |
| 2024-10    | -15.9                        | -655                                          |
| 2024-11    | -16.0                        | -660                                          |
| 2024-12    | -16.1                        | -665                                          |
| 2025-01    | -16.2                        | -670                                          |
| 2025-02    | -16.3                        | -675                                          |
| 2025-03    | -16.4                        | -680                                          |
| 2025-04    | -16.5                        | -685                                          |
| 2025-05    | -16.6                        | -690                                          |
| 2025-06    | -16.7                        | -695                                          |
| 2025-07    | -16.8                        | -700                                          |

资料来源：MYSTEEL、WIND、五矿期货研究中心<|end_of_box|>
<|begin_of_box|>| 日期       | 中国:PPI:生产资料:当月同比(%) | 上海:价格:热轧板卷(Q235B,4.75mm):同比增加(右) |
|------------|------------------------------|-----------------------------------------------|
| 2013-01    | -1.8                         | 50                                            |
| 2013-02    | -1.9                         | 45                                            |
| 2013-03    | -2.0                         | 40                                            |
| 2013-04    | -2.1                         | 35                                            |
| 2013-05    | -2.2                         | 30                                            |
| 2013-06    | -2.3                         | 25                                            |
| 2013-07    | -2.4                         | 20                                            |
| 2013-08    | -2.5                         | 15                                            |
| 2013-09    | -2.6                         | 10                                            |
| 2013-10    | -2.7                         | 5                                             |
| 2013-11    | -2.8                         | 0                                             |
| 2013-12    | -2.9                         | -5                                            |
| 2014-01    | -3.0                         | -10                                           |
| 2014-02    | -3.1                         | -15                                           |
| 2014-03    | -3.2                         | -20                                           |
| 2014-04    | -3.3                         | -25                                           |
| 2014-05    | -3.4                         | -30                                           |
| 2014-06    | -3.5                         | -35                                           |
| 2014-07    | -3.6                         | -40                                           |
| 2014-08    | -3.7                         | -45                                           |
| 2014-09    | -3.8                         | -50                                           |
| 2014-10    | -3.9                         | -55                                           |
| 2014-11    | -4.0                         | -60                                           |
| 2014-12    | -4.1                         | -65                                           |
| 2015-01    | -4.2                         | -70                                           |
| 2015-02    | -4.3                         | -75                                           |
| 2015-03    | -4.4                         | -80                                           |
| 2015-04    | -4.5                         | -85                                           |
| 2015-05    | -4.6                         | -90                                           |
| 2015-06    | -4.7                         | -95                                           |
| 2015-07    | -4.8                         | -100                                          |
| 2015-08    | -4.9                         | -105                                          |
| 2015-09    | -5.0                         | -110                                          |
| 2015-10    | -5.1                         | -115                                          |
| 2015-11    | -5.2                         | -120                                          |
| 2015-12    | -5.3                         | -125                                          |
| 2016-01    | -5.4                         | -130                                          |
| 2016-02    | -5.5                         | -135                                          |
| 2016-03    | -5.6                         | -140                                          |
| 2016-04    | -5.7                         | -145                                          |
| 2016-05    | -5.8                         | -150                                          |
| 2016-06    | -5.9                         | -155                                          |
| 2016-07    | -6.0                         | -160                                          |
| 2016-08    | -6.1                         | -165                                          |
| 2016-09    | -6.2                         | -170                                          |
| 2016-10    | -6.3                         | -175                                          |
| 2016-11    | -6.4                         | -180                                          |
| 2016-12    | -6.5                         | -185                                          |
| 2017-01    | -6.6                         | -190                                          |
| 2017-02    | -6.7                         | -195                                          |
| 2017-03    | -6.8                         | -200                                          |
| 2017-04    | -6.9                         | -205                                          |
| 2017-05    | -7.0                         | -210                                          |
| 2017-06    | -7.1                         | -215                                          |
| 2017-07    | -7.2                         | -220                                          |
| 2017-08    | -7.3                         | -225                                          |
| 2017-09    | -7.4                         | -230                                          |
| 2017-10    | -7.5                         | -235                                          |
| 2017-11    | -7.6                         | -240                                          |
| 2017-12    | -7.7                         | -245                                          |
| 2018-01    | -7.8                         | -250                                          |
| 2018-02    | -7.9                         | -255                                          |
| 2018-03    | -8.0                         | -260                                          |
| 2018-04    | -8.1                         | -265                                          |
| 2018-05    | -8.2                         | -270                                          |
| 2018-06    | -8.3                         | -275                                          |
| 2018-07    | -8.4                         | -280                                          |
| 2018-08    | -8.5                         | -285                                          |
| 2018-09    | -8.6                         | -290                                          |
| 2018-10    | -8.7                         | -295                                          |
| 2018-11    | -8.8                         | -300                                          |
| 2018-12    | -8.9                         | -305                                          |
| 2019-01    | -9.0                         | -310                                          |
| 2019-02    | -9.1                         | -315                                          |
| 2019-03    | -9.2                         | -320                                          |
| 2019-04    | -9.3                         | -325                                          |
| 2019-05    | -9.4                         | -330                                          |
| 2019-06    | -9.5                         | -335                                          |
| 2019-07    | -9.6                         | -340                                          |
| 2019-08    | -9.7                         | -345                                          |
| 2019-09    | -9.8                         | -350                                          |
| 2019-10    | -9.9                         | -355                                          |
| 2019-11    | -10.0                        | -360                                          |
| 2019-12    | -10.1                        | -365                                          |
| 2020-01    | -10.2                        | -370                                          |
| 2020-02    | -10.3                        | -375                                          |
| 2020-03    | -10.4                        | -380                                          |
| 2020-04    | -10.5                        | -385                                          |
| 2020-05    | -10.6                        | -390                                          |
| 2020-06    | -10.7                        | -395                                          |
| 2020-07    | -10.8                        | -400                                          |
| 2020-08    | -10.9                        | -405                                          |
| 2020-09    | -11.0                        | -410                                          |
| 2020-10    | -11.1                        | -415                                          |
| 2020-11    | -11.2                        | -420                                          |
| 2020-12    | -11.3                        | -425                                          |
| 2021-01    | -11.4                        | -430                                          |
| 2021-02    | -11.5                        | -435                                          |
| 2021-03    | -11.6                        | -440                                          |
| 2021-04    | -11.7                        | -445                                          |
| 2021-05    | -11.8                        | -450                                          |
| 2021-06    | -11.9                        | -455                                          |
| 2021-07    | -12.0                        | -460                                          |
| 2021-08    | -12.1                        | -465                                          |
| 2021-09    | -12.2                        | -470                                          |
| 2021-10    | -12.3                        | -475                                          |
| 2021-11    | -12.4                        | -480                                          |
| 2021-12    | -12.5                        | -485                                          |
| 2022-01    | -12.6                        | -490                                          |
| 2022-02    | -12.7                        | -495                                          |
| 2022-03    | -12.8                        | -500                                          |
| 2022-04    | -12.9                        | -505                                          |
| 2022-05    | -13.0                        | -510                                          |
| 2022-06    | -13.1                        | -515                                          |
| 2022-07    | -13.2                        | -520                                          |
| 2022-08    | -13.3                        | -525                                          |
| 2022-09    | -13.4                        | -530                                          |
| 2022-10    | -13.5                        | -535                                          |
| 2022-11    | -13.6                        | -540                                          |
| 2022-12    | -13.7                        | -545                                          |
| 2023-01    | -13.8                        | -550                                          |
| 2023-02    | -13.9                        | -555                                          |
| 2023-03    | -14.0                        | -560                                          |
| 2023-04    | -14.1                        | -565                                          |
| 2023-05    | -14.2                        | -570                                          |
| 2023-06    | -14.3                        | -575                                          |
| 2023-07    | -14.4                        | -580                                          |
| 2023-08    | -14.5                        | -585                                          |
| 2023-09    | -14.6                        | -590                                          |
| 2023-10    | -14.7                        | -595                                          |
| 2023-11    | -14.8                        | -600                                          |
| 2023-12    | -14.9                        | -605                                          |
| 2024-01    | -15.0                        | -610                                          |
| 2024-02    | -15.1                        | -615                                          |
| 2024-03    | -15.2                        | -620                                          |
| 2024-04    | -15.3                        | -625                                          |
| 2024-05    | -15.4                        | -630                                          |
| 2024-06    | -15.5                        | -635                                          |
| 2024-07    | -15.6                        | -640                                          |
| 2024-08    | -15.7                        | -645                                          |
| 2024-09    | -15.8                        | -650                                          |
| 2024-10    | -15.9                        | -655                                          |
| 2024-11    | -16.0                        | -660                                          |
| 2024-12    | -16.1                        | -665                                          |
| 2025-01    | -16.2                        | -670                                          |
| 2025-02    | -16.3                        | -675                                          |
| 2025-03    | -16.4                        | -680                                          |
| 2025-04    | -16.5                        | -685                                          |
| 2025-05    | -16.6                        | -690                                          |
| 2025-06    | -16.7                        | -695                                          |
| 2025-07    | -16.8                        | -700                                          |

资料来源：MYSTEEL、WIND、五矿期货研究中心<|end_of_box|>
所属报告:
【五矿期货】钢材:钢铁周期的下半场,产量约束与需求复苏的边界-251112(5页).pdf
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相关数据
美国6月PPI同比5.5%
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行业数据
2026-07-21
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美国6月PPI环比-0.3%
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行业数据
2026-07-21
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美国最终需求PPI或仍有上行空间
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行业数据
2026-07-21
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中国6月CPI/PPI同比+1.0%/+4.1%
fCDmjIfmoIcgICAgICAgICB8IOaVsOWAvCAgIHwKfC0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tfAp8IENQSTrlvZPmnIjlkIzmr5QgfCArMS4wJSAgfAp8IFBQSTrlhajpg6jlt6XkuJrlk4E65b2T5pyI5ZCM5q+UIHwgKzQuMSUgIHwKCui1hOaWmeadpea6kO+8muWQjOiKsemhuu+8jOWbveazsOa1t+mAmuivgeWIuOeglOeptu+8iOWNleS9je+8miXvvIk=
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行业数据
2026-07-14
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韩国闪存和内存(DRAM)PPI
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行业数据
2026-07-06
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韩国电路板和存储PPI
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行业数据
2026-07-06
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AI驱动美国计算机等资本品PPI大涨
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行业数据
2026-07-06
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截至26年3月中国农药制造PPI<100
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行业数据
2026-07-03
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今年以来中国工业品PPI随油价大幅上行
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行业数据
2026-07-02
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中国PPI同比
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2026-06-23
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图78.中国制造业PMI、中国PPI当月同比增速
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2026-06-02
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图81.国内PPI、PPIRM累计同比增速及剪刀差
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2026-06-02
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图6.中国制造业PMI指数与PPI同比
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2026-06-02
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2020-2023年日本大类行业PPI与国际资源品价格关系(同比回归结果)
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2026-05-25
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2020-2024年日本PPI与国际大宗资源品价格变化
fCDml7bpl7QgICAgICAgfCBDUkLlt6XkuJrljp/mlpnmjIfmlbDlkIzmr5QgfCDml6XmnKxQUEnlkIzmr5QgfAp8LS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLXwKfCAyMDIwLzAxICAgIHwgLTMlICAgICAgICAgICAgICAgICAgfCA5JSAgICAgICAgICB8CnwgMjAyMC8wNCAgICB8IC0xNSUgICAgICAgICAgICAgICAgIHwgLTEyJSAgICAgICAgfAp8IDIwMjAvMDcgICAgfCAtNSUgICAgICAgICAgICAgICAgICB8IC0xMSUgICAgICAgIHwKfCAyMDIwLzEwICAgIHwgMiUgICAgICAgICAgICAgICAgICAgfCAtMTElICAgICAgICB8CnwgMjAyMS8wMSAgICB8IDEzJSAgICAgICAgICAgICAgICAgIHwgMjUlICAgICAgICAgfAp8IDIwMjEvMDQgICAgfCAzOCUgICAgICAgICAgICAgICAgICB8IDI2JSAgICAgICAgIHwKfCAyMDIxLzA3ICAgIHwgNDUlICAgICAgICAgICAgICAgICAgfCAzMCUgICAgICAgICB8CnwgMjAyMS8xMCAgICB8IDM3JSAgICAgICAgICAgICAgICAgIHwgMzYlICAgICAgICAgfAp8IDIwMjIvMDEgICAgfCAyMCUgICAgICAgICAgICAgICAgICB8IDQ2JSAgICAgICAgIHwKfCAyMDIyLzA0ICAgIHwgMjAlICAgICAgICAgICAgICAgICAgfCA0OSUgICAgICAgICB8CnwgMjAyMi8wNyAgICB8IC0yJSAgICAgICAgICAgICAgICAgIHwgNTElICAgICAgICAgfAp8IDIwMjIvMTAgICAgfCAtMTIlICAgICAgICAgICAgICAgICB8IDUwJSAgICAgICAgIHwKfCAyMDIzLzAxICAgIHwgLTEyJSAgICAgICAgICAgICAgICAgfCA1MyUgICAgICAgICB8CnwgMjAyMy8wNCAgICB8IC0xOCUgICAgICAgICAgICAgICAgIHwgNDIlICAgICAgICAgfAp8IDIwMjMvMDcgICAgfCAtMTYlICAgICAgICAgICAgICAgICB8IDMxJSAgICAgICAgIHwKfCAyMDIzLzEwICAgIHwgLTclICAgICAgICAgICAgICAgICAgfCAxOSUgICAgICAgICB8CnwgMjAyNC8wMSAgICB8IC0yJSAgICAgICAgICAgICAgICAgIHwgNSUgICAgICAgICAgfAp8IDIwMjQvMDQgICAgfCAxJSAgICAgICAgICAgICAgICAgICB8IDglICAgICAgICAgIHwKfCAyMDI0LzA3ICAgIHwgMiUgICAgICAgICAgICAgICAgICAgfCAxNSUgICAgICAgICB8CnwgMjAyNC8xMCAgICB8IDIlICAgICAgICAgICAgICAgICAgIHwgMjElICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaV2luZO+8jOaWueato+ivgeWIuOeglOeptuaJgA==
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2026-05-25
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第三,制造业有望成为钢材消费的新支点。美国正式步入降息周期,标志着全球货币政策环境由紧转松。流动性改善将通过融资渠道扩张、信心修复及外需回暖等途径,逐步传导至制造业景气度的回升。PMI 指标有望随之修复,制造业投资与生产活动或率先迎来边际改善。从细分项来看,汽车、船舶、家电、机械装备等行业表现分化,其中高端制造与出口订单表现亮眼,随着特朗普暂缓了芬太尼关税,未来热轧板卷等板材需求有望进一步提升。钢材直接出口方面自 2024 年以来保持高位,对冲了内需下行压力。整体而言,钢铁需求正从“地产主导”向“制造业分散化”转型,但总体恢复仍偏温和,体现为“结构性复苏、总量性偏弱”的特征。
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