铁合金10月报：高供应博弈成本支撑，合金底部震荡-20250926

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The iron alloy market is experiencing a bottom - oscillating trend due to the game between high supply and cost support [1] 3. Summary by Relevant Catalogs 2. Fundamental Situation - Price Trends: The report presents various price trend graphs, including the iron alloy main contract trends, spot market prices of 72%FeSi silicon iron in different regions (Inner Mongolia, Ningxia, Qinghai, Shaanxi), silicon manganese spot prices in different regions (Inner Mongolia, Ningxia, Guangxi), and the basis trends of silicon iron and silicon manganese main - contract warehouse receipts in Inner Mongolia [8][10][14][17] - Production and Supply: Graphs show the production enterprise start - up rates of silicon iron and manganese silicon, monthly production volumes of silicon iron and manganese silicon in China, daily production volumes of crude steel and hot metal, and blast furnace capacity utilization rates [26][28][29][30] - Inventory Status: There are graphs depicting the silicon iron and silicon manganese inventories of alloy plants, the average available days of silicon iron and manganese silicon inventories in steel mills, and the warehouse receipt situations of silicon iron and manganese silicon [41][51][43] - Cost Factors: The report includes price trends of raw materials such as blue charcoal small materials, Yinchuan chemical coke, electricity prices, global manganese ore shipments, manganese ore prices at Tianjin Port, and national manganese ore inventories. It also shows the production costs and profits of silicon iron and manganese silicon [54][58][63][64][68] 3. Future Outlook and Strategy Recommendations - Not provided in the given content