国家统计局数据显示：2025年10月，中国粗钢产量7200万吨，同比下降12.1%；生铁产量6555万吨，同 比下降7.9%；钢材产量11864万吨，同比下降0.9%。 1-10月，中国粗钢产量81787万吨，同比下降3.9%；生铁产量71137万吨，同比下降1.8%；钢材产量 121759万吨，同比增长4.7%。 ...

Core Insights - The China Iron and Steel Association reported a decrease in crude steel production for key enterprises in late August 2025, with a total output of 21.41 million tons, reflecting an average daily production of 1.947 million tons, which is an 8.0% decrease month-on-month [1] - Pig iron production also saw a decline, totaling 20.10 million tons with an average daily output of 1.827 million tons, marking a 5.1% decrease month-on-month [1] - In contrast, steel products production increased to 23.52 million tons, with an average daily output of 2.138 million tons, showing a 4.4% month-on-month growth [1] Production Estimates - National daily crude steel production is estimated at 2.42 million tons, representing a 9.5% decrease month-on-month [2] - Daily pig iron production is estimated at 2.20 million tons, reflecting a 5.3% decrease month-on-month [2] - Daily steel products production is estimated at 4.15 million tons, indicating a slight 0.6% decrease month-on-month [2]

2025 年 05 月 26 日 螺纹钢：需求端预期不佳，偏弱震荡 热轧卷板：需求端预期不佳，偏弱震荡 李亚飞 投资咨询从业资格号：Z0021184 liyafei2@gtht.com 金园园（联系人） 期货从业资格号：F03134630 jinyuanyuan2@gtht.com 【基本面跟踪】 螺纹钢、热轧卷板基本面数据 商 品 研 究 国 泰 君 安 期 货 研 究 所 期货研究 | 螺纹钢、热轧卷板基本面数据 | | | | | | --- | --- | --- | --- | --- | | | | 昨日收盘价（元/吨） | 涨跌（元/吨） | 涨跌幅（%） | | | RB2510 | 3,046 | -13 | -0.42 | | 期 货 | HC2510 | 3,189 | -24 | -0.75 | | | | 昨日成交（手） | 昨日持仓（手） | 持仓变动（手） | | | RB2510 | 1,208,627 | 2,158,221 | -16,417 | | | HC2510 | 437,643 | 1,368,284 | 15,088 | | | | 昨日价格（元/吨） | 前日 ...