本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 【钢材产量、库存和需求数据变动，钢价短期波动大】根据钢联周度数据，螺纹钢产量下降0.73万吨， 至220.45万吨；热卷产量上升0.7万吨，至315.59万吨；五大材总产量上升2.42万吨，至871.63万吨。 螺 纹钢总库存上升30.51万吨，至587.19万吨；热卷总库存上升0.84万吨，至357.47万吨；五大材总库存上 升40.61万吨，至1415.97万吨。 螺纹钢表观需求量下降20.85万吨，至189.94万吨；热卷表观需求量上升 8.54万吨，至314.75万吨；五大材表观需求量下降14.72万吨，至831.02万吨。 本周，唐山87条型钢生产 线中，实际开工产线为31条，整体开工率52.54%，较上周上升10.17%；产能利用率为48.34%，较上周 上升6.82%。 原燃料下跌带动成材价格走低，五大材库存快速累积、表需下降，使钢价白天盘表现偏 弱。螺纹钢周度基本面弱于热卷，跌幅近2%，主力合约跌破3200。 下游偏弱情况短期难改善，市场短 期由宏观情绪主导，京津冀限产预期仍在。 观点认为，钢材市场短期波动较大，可逢回调试多。 后期 ...

晨报 成材 成材：原料上涨 钢价跟涨 逻辑：8 月 12 日，中美双方发布《中美斯德哥尔摩经贸会谈联合声明》。 美方承诺继续调整对中国商品（包括香港特别行政区和澳门特别行政区商 品）加征关税的措施，自 8 月 12 日起继续暂停实施 24%的对等关税 90 天。 中方自 8 月 12 日起继续暂停实施 24%对美加征关税以及有关非关税反制 措施 90 天。8 月 12 日，76 家独立电弧炉建筑钢材钢厂平均成本为 3353 元/吨，日环比增加 9 元/吨，平均利润亏损 39 元/吨，谷电利润为 62 元/ 吨。8 月 4 日-8 月 10 日，10 个重点城市新建商品房成交（签约）面积总 计 130.8 万平方米，环比下降 10.8%，同比下降 4.5%，降幅收窄。 证监许可【2011】1452 号 成 材：武秋婷 周末唐山限产消息，叠加原料焦煤继续上涨，钢价延续震荡上行。目 前行业基本面一般，主要是下游需求偏弱，且目前正值雨季，下游短时间 内难有起色。市场情绪在经过上一轮上涨后有降温，但随着阅兵临近，宏 观层面和京津冀限产预期下，钢价仍有反弹势能。 原材料：程 鹏 从业资格号：F3038114 投资咨询号： ...

Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Core Viewpoints of the Report - The short - term fluctuations of steel prices will increase, and the overall trend will be relatively strong [1][3] Group 3: Summary by Related Catalogs Real Estate Market - From July 21st to 27th, the total transaction (signed) area of newly - built commercial housing in 10 key cities was 1.4137 million square meters, with a month - on - month increase of 34.1%; the total transaction (signed) area of second - hand housing was 2.1341 million square meters, with a month - on - month increase of 5.8% [2] Home Appliance Industry - The latest production scheduling report of three major white goods released by Industry Online shows that the total scheduled production of air conditioners, refrigerators, and washing machines in August 2025 is 26.97 million units, a 4.9% decrease compared to the actual production in the same period last year [2] Steel Industry - On July 29th, the average cost of 76 independent electric arc furnace construction steel mills was 3,343 yuan/ton, a daily decrease of 1 yuan/ton; the average profit was - 21 yuan/ton, and the valley - electricity profit was 79 yuan/ton, a daily decrease of 7 yuan/ton [2] - Market news indicates that there will be restrictions on pollutant emissions in six provinces in the Beijing - Tianjin - Hebei region and surrounding areas before the September military parade. Affected by this news, steel prices rebounded significantly, basically recovering the previous day's decline. Currently, the fundamentals of steel have not changed much, and the market trend is mainly dominated by macro factors and market sentiment [2]