Core Insights - In July 2025, China's crude steel production reached 79.658 million tons, representing a year-on-year decrease of 4.0% [1] - From January to July 2025, the cumulative crude steel production was 594.465 million tons, down 3.1% compared to the same period last year [1] Provincial Production Data - In the first seven months of 2025, Hebei ranked first in crude steel production with 127.684 million tons, followed by Jiangsu with 71.953 million tons and Shandong with 41.625 million tons [3] - The July 2025 provincial crude steel production rankings showed Hebei leading with 16.520 million tons, Jiangsu second with 9.350 million tons, and Liaoning third with 5.982 million tons [2]

Core Insights - Global crude steel production in June 2025 reached 151.4 million tons, representing a year-on-year decline of 5.8% [1][2] Group 1: Regional Production Data - Africa's crude steel production was 1.7 million tons, an increase of 3.0% year-on-year [3] - Asia and Oceania produced 112.9 million tons, down 6.2% year-on-year [3] - The EU (27 countries) produced 10.4 million tons, a decrease of 8.2% year-on-year [3] - Other European countries produced 3.3 million tons, down 8.4% year-on-year [3] - The Middle East's production was 4.3 million tons, down 4.9% year-on-year [3] - North America produced 8.7 million tons, an increase of 1.2% year-on-year [3] - Crude steel production in Russia and other CIS countries, including Ukraine, was 6.7 million tons, down 8.8% year-on-year [3] - South America produced 3.5 million tons, an increase of 1.3% year-on-year [3] Group 2: Top Producing Countries - China produced 83.18 million tons, a decrease of 9.2% year-on-year [4] - India produced 13.6 million tons, an increase of 13.3% year-on-year [4] - Japan's production was 6.7 million tons, down 4.4% year-on-year [4] - The United States produced 6.9 million tons, an increase of 4.6% year-on-year [4] - Russia's estimated production was 5.6 million tons, down 7.4% year-on-year [4] - South Korea produced 5.0 million tons, down 1.8% year-on-year [4] - Turkey's production was 2.9 million tons, down 3.5% year-on-year [4] - Germany produced 2.7 million tons, a significant decline of 15.9% year-on-year [4] - Brazil's production was 2.8 million tons, down 0.5% year-on-year [5] - Iran's estimated production was 2.2 million tons, down 15.5% year-on-year [5]

日本5月粗钢产量环比增长3.5%至683万吨，同比下降4.7%。 ...

021-60635736 zhaihepan@ccb.ccbfutures.com 期货从业资格号：F3033782 投资咨询证书号：Z0014484 021-60635735 niejiayi@ccb.ccbfutures.com 期货从业资格号：F03124070 021-60635727 fengzeren@ccb.ccbfutures.com 期货从业资格号：F03134307 报告类型 钢材日评 日期 2024 年 5 月 22 日 数据来源：上期所、大商所网站，建信期货研究发展部 1.1 现货市场动态与技术面走势： 黑色金属研究团队 研究员：翟贺攀 研究员：聂嘉怡 研究员：冯泽仁 请阅读正文后的声明 ＃summary＃ 每日报告 | | | | | 表1：5月21日钢材期货主力合约价格、成交及持仓情况（单位：元/吨、%、手、亿元） | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 合约 代码 | 前收 盘价 | 开盘价 | 最高价 | 最低价 | 收盘价 | 涨跌幅 | 成交量 | ...

2025年05月21日 国泰君安期货商品研究晨报-黑色系列 观点与策略 | 铁矿石：短期利多兑现，上涨驱动放缓 | 2 | | --- | --- | | 螺纹钢：低位震荡 | 3 | | 热轧卷板：低位震荡 | 3 | | 硅铁：黑色板块共振，硅铁偏弱震荡 | 5 | | 锰硅：澳矿恢复发运，锰硅偏弱震荡 | 5 | | 焦炭：底部震荡 | 7 | | 焦煤：底部震荡 | 7 | | 动力煤：煤矿库存增加，震荡偏弱 | 9 | | 原木：弱势震荡 | 10 | | | | 【基本面跟踪】 铁矿石基本面数据 国 泰 君 安 期 货 研 究 所 请务必阅读正文之后的免责条款部分 1 期货研究 商 品 研 究 商 品 研 究 2025 年 5 月 21 日 铁矿石：短期利多兑现，上涨驱动放缓 | | | | 昨日收盘价(元/吨) | 涨跌(元/吨) | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 期货 | | | 725.0 | 2. 5 | 0. 35% | | | 12509 | | | 昨日持仓(手) | 持仓变动(手) | | | | | | 734. 15 ...