（原标题：宝钢股份大宗交易成交393.72万元，卖方为机构专用席位） 两融数据显示，该股最新融资余额为11.43亿元，近5日增加7016.77万元，增幅为6.54%。（数据宝） 12月12日宝钢股份大宗交易一览 | 成交量 （万股） | 成交金额 （万元） | 成交价格 （元） | 相对当日 收盘折溢价 （%） | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 54.76 | 393.72 | 7.19 | 0.00 | 国泰海通证券股份有限公司总部 | 机构专用 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 宝钢股份12月12日大宗交易平台出现一笔成交，成交量54.76万股，成交金额393.72万元，大宗交易成交 价为7.19元。该笔交易的买方营业部为国泰海通证券股份有限公司总部，卖方营业部为机构专用。 进一步统计，近3个月内该股累计发生5笔大宗交易，合计成交金额为9451.62万元。 证券时报•数据宝统计显示，宝钢股份今日收盘价为7.19元，上涨1.55%，日换手率为0.89%，成交额为 13.87亿元，全天主力资金净流 ...

证券日报网讯12月12日，宝钢股份（600019）在互动平台回答投资者提问时表示，公司铁矿石采购规模 较产品出口体量更大，人民币升值理论上会为经营带来正面影响。长期以来，针对汇率波动的不确定 性，公司在外汇风险管理方面已建立成熟机制，通过金融衍生品工具对冲汇率波动风险，目前无重大外 汇风险敞口。同时公司也会关注国际结算货币多元化趋势，结合政策导向和商业可行性优化结算策略。 ...

（编辑 姚尧） 证券日报网讯 12月12日，宝钢股份在互动平台回答投资者提问时表示，宝钢股份于今年通过受让股权 +增资的方式获得马钢有限49%的股权，大宗原料采购作为协同支撑项目之一，目前正在稳步推进中。 公司将充分释放采购规模效应，实现优质资源的高效统筹与共享，在铁矿石、煤炭长协谈判、港口合作 洽谈及物流运输优化等关键环节，宝钢股份与马钢有限携手构建"团购"协同模式，通过采购降本创造价 值。后续，宝钢股份将持续依托公司沿江沿海各基地和马钢有限地处长三角及沿江的地理优势，拓宽采 购资源共享维度，实现基地间优质供应商资源共享、资源互补与高效调配，进一步放大采购的规模优势 与协同价值。 ...

Core Insights - The steel industry is experiencing a dual decline in supply and demand, with structural optimization and marginal profit improvement. Supply side: total contraction and structural differentiation, with capital expenditure continuing to show weak growth. The steel industry's capital expenditure has been slowing for four consecutive years, entering negative growth in 2025 due to multiple factors including "anti-involution" policies, a downturn in the real estate sector, and limited infrastructure support [2][10] - The domestic crude steel consumption has decreased significantly, with a 6.4% year-on-year decline in demand from January to October 2025, amounting to 710 million tons. The demand in traditional steel usage areas remains weak, particularly in real estate and infrastructure [2][32] - Exports have become a crucial support for the steel industry, with steel exports reaching 97.74 million tons from January to October 2025, a 6.4% increase year-on-year. The total annual export volume is expected to exceed 110 million tons, effectively offsetting the pressure from declining domestic demand [2][48] Group 1: Marginal Improvement in the Steel Industry - The average steel price has continued to decline, with the comprehensive price index for ordinary steel dropping to 3,447 yuan/ton as of November 24, 2025, down approximately 200 yuan from the year's peak [10][60] - The profit margin of the steel industry has shown significant improvement, with the gross profit margin reaching 6.4% in Q3 2025, marking a recovery from the low levels seen since 2022 [13][15] - The proportion of loss-making enterprises in the steel industry has slightly decreased but remains high at 37.18%, indicating ongoing challenges within the industry [17] Group 2: PPI Turnaround Expectations - The Producer Price Index (PPI) for the steel industry is expected to turn positive by Q2 2026, driven by improvements in supply structure and demand dynamics [53][60] - Historical data shows that the steel industry plays a significant role in PPI fluctuations, with past PPI turnarounds in 2016 and 2021 coinciding with significant steel industry performance [54][60] - The steel industry accounts for approximately 5.9% of the PPI, making its price movements critical for overall industrial price trends [53][54] Group 3: Investment Recommendations - The report suggests focusing on high-efficiency, low-emission regional leading enterprises such as Hualing Steel, Shougang, and Shandong Steel, as well as companies with strong growth potential like Baosteel and Nanjing Steel [4][60] - The steel sector is viewed as having strong "anti-involution" attributes and significant profit recovery potential, making it a strategic investment opportunity for the medium to long term [4][60] - The report emphasizes the importance of monitoring the performance of small and medium-sized steel companies, particularly those with strong earnings growth and valuation appeal [4][60]

据智通财经12月11日消息，中央经济工作会议12月10日至11日在北京举行。会议强调，做好明年经济工 作，要以习近平新时代中国特色社会主义思想为指导，深入贯彻党的二十大和二十届历次全会精神，完 整准确全面贯彻新发展理念，加快构建新发展格局，着力推动高质量发展，坚持稳中求进工作总基调， 更好统筹国内经济工作和国际经贸斗争，更好统筹发展和安全，实施更加积极有为的宏观政策，增强政 策前瞻性针对性协同性，持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力， 纵深推进全国统一大市场建设，持续防范化解重点领域风险，着力稳就业、稳企业、稳市场、稳预期， 推动经济实现质的有效提升和量的合理增长，保持社会和谐稳定，实现"十五五"良好开局。 相关市场板块分析： 智能制造与高端装备：新质生产力核心载体，受益于技术突破和产业升级，自动化、智能化设备需求激 增，国产替代加速。 低空经济与商业航天：政策密集支持，应用场景拓宽，2025年市场规模将达1.5万亿元，产业链迎来爆 发期。 人工智能与算力基建：AI大模型与数据中心需求爆发，液冷技术、智算中心等细分领域快速增长。 中国卫星（600118.SH）：低空经济与商业航天 ...

Core Viewpoint - The steel industry is expected to experience a reduction in production capacity and an improvement in quality, leading to stabilization in prices and profits in 2026 [1] Group 1: Supply - A new capacity replacement policy is set to be implemented, which is expected to continue reducing crude steel production in 2026 [6] - The capacity replacement policy will increase the reduction ratio in non-key areas to at least 1.5:1, enhancing long-term capacity constraints [14][18] - The overall crude steel production is anticipated to decrease year-on-year due to differentiated production restrictions and proactive production control by enterprises [6][28] Group 2: Demand - Investment stability and domestic demand expansion are expected to lead to a recovery in steel demand in 2026 [6] - The construction sector is projected to see a recovery in fixed asset investment, supported by policies aimed at stabilizing the real estate market [36] - Manufacturing sectors such as automotive, machinery, and home appliances are expected to maintain growth in steel demand due to supportive policies [6][57] Group 3: Costs - Steel cost pressures are expected to continue easing in 2026, with iron ore supply slightly increasing and demand stabilizing [6][61] - The global iron ore supply is projected to see a slight increase, with the four major mining companies expected to have a production growth rate of about 1.8% in 2026 [66] - The overall balance between iron ore supply and demand is expected to remain weak, with prices anticipated to fluctuate downward [6][61] Group 4: Prices and Profits - The reduction in production and improvement in quality are expected to help stabilize steel prices and profits in 2026 [6] - Demand for flat steel is expected to remain stronger than for long steel, with policies aimed at further tapping into consumption potential [6] - The anticipated decline in crude steel production, primarily driven by loss-making enterprises and policy-induced reductions, will contribute to a mild improvement in the steel supply-demand landscape [6] Group 5: Investment Recommendations - The report suggests focusing on leading companies in the ordinary steel sector and those involved in restructuring and integration, such as Baosteel, Hualing Steel, and Nanjing Steel [6] - In the special steel sector, high-performance steel products are encouraged, with companies like Jiuli Special Materials and Yongjin Co. expected to benefit from policy support [6][7]

宝钢2026年1月期货指导价普涨100元/吨，释放积极信号，预示钢铁市场回升。短期镀锌市场面临需求 减弱、备货积极性低等挑战。政策基调转向"积极有为"，财政与货币双宽松，稳增长目标明确。美联储 降息概率大，但雨雪天气或进一步削弱需求。原料减产或支撑价格。短期镀锌市场处于磨底阶段，可能 因积极信号出现反弹。 来源：卓创资讯 ...

2020-2025年1-10月中国粗钢产量统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 上市企业：宝钢股份（600019）,鞍钢股份（000898）,马钢股份（600808）,沙钢股份（002075）,首钢股 份（000959）,包钢股份（600010）,太钢不锈（000825）,华菱钢铁（000932）,河钢股份（000709）,八 一钢铁（600581） 相关报告：智研咨询发布的《2026-2032年中国粗钢行业市场运行态势及发展趋势分析报告》 根据国家统计局数据显示：2025年10月中国粗钢产量为0.7亿吨，同比下降12.1%；2025年1-10月中国粗 钢累计产量为8.2亿吨，累计下降3.9%。 ...

手机号 15769519125 2025 年 中国氢能源行业市场 研究报告 主编：雷静兰 编辑：张潞玮 商业合作： collaboration@shuoyuanconsulting.com 1 / 32 1.中国氢能源行业概述 1.1 氢能源的定义与分类 1.1.1 氢能源的基本概念 氢能源是指以氢气作为能源载体，通过燃烧或电化学反应释放能量的一种清洁 能源形式。氢气作为一种高效的能源载体，具有许多显著的优势。氢能源因其 高能量密度、清洁环保特性及多领域应用潜力，被视为推动绿色低碳发展和能 源结构转型的重要战略能源。目前，全球多个国家和地区纷纷加大对氢能源技 术研发和基础设施建设的投入，推动氢能产业链的完善，包括制氢、储氢、运 氢和加氢站等关键环节。绿色制氢技术的发展尤为重要，即利用可再生能源电 解水制氢，避免传统制氢过程中的碳排放，从根本上实现氢能的清洁化。 综上所述，氢能源作为一种安全、高效、环保的能源形式，不仅在技术上日趋 成熟，而且在政策和市场的推动下，正逐步成为全球能源转型和实现碳中和目 标的重要支柱。未来，随着技术进步和成本降低，氢能源有望在全球范围内得 到更广泛的应用和推广，助力构建绿色低碳的能 ...

（来源：中国宝武） 邂逅 · 3453 期 · 11759 篇 2025年宝武十大新闻（候选） （按时间顺序排列） 2025年，宝武时刻牢记习近平总书记的殷殷嘱托，锚定做强做优做大，全力以赴加快建设世界一流企业，为中国式现代化贡献宝武力量。为记录这意义非 凡的一年，全面展现企业在生产经营、科技创新、整合协同、国际化布局等方面取得的突出成就，我们开展"2025年宝武十大新闻"评选活动，邀请您投票 参与评选。 01 中国宝武捐赠资金1200万元驰援西藏定日县抗震救灾 1月7日，西藏日喀则市定日县发生6.8级地震，造成重大人员伤亡和财产损失。宝武坚决履行国资央企义不容辞的使命责任，捐赠资金1200万元，支援定 日县抗震救灾和灾后重建工作。 02 中国宝武太钢"手撕钢"创新研发团队荣获"央企楷模"称号 1月15日下午举行的2024年度"央企楷模"发布活动上，中国宝武太钢"手撕钢"创新研发团队荣获"央企楷模"称号。在过去十多年时间里，这群超级不锈钢 材料的闯关者牢记"钢铁报国"使命，在不锈钢精密材料领域创造了一个个奇迹。继2018年打破"中国永远造不出0.02毫米'手撕钢'"的魔咒后，又于2020年 将全球"手撕钢"厚 ...