1. Report Industry Investment Rating No information provided regarding the report industry investment rating. 2. Core Viewpoints - For the rebar and hot-rolled coil sector, in the off - season of consumption, with both supply and demand being weak and winter storage yet to come, and enhanced macro - confidence, the futures prices are expected to maintain a volatile upward trend. The 05 contract briefly fell below the oscillation range and then rebounded rapidly, but has not yet broken out of the recent oscillation range. It is recommended to hold long positions and conduct mid - term trading [2]. - For the iron ore sector, although the current market is in the off - season of consumption, iron ore's 05 contract has broken through the high point in September and may start a mid - term upward trend. It is also recommended to hold long positions and conduct mid - term trading [4]. 3. Summary by Relevant Catalogs Rebar and Hot - Rolled Coil - **Supply and demand**: Last week, the production of rebar and hot - rolled coil increased, and the total production of the five major varieties rose month - on - month. The overall inventory continued to decline. The apparent demand for rebar decreased, while that for hot - rolled coil continued to rise. Due to the significant decline in steel mills' gross profit and the off - season of consumption, steel mills' production may continue to decline. The recent sharp rebound of coking coal and coke futures prices has increased the cost support for the market [2]. - **Technical analysis**: The 05 contract briefly fell below the oscillation range and then rebounded rapidly on the daily K - line chart but has not yet broken out of the recent oscillation range [2]. - **Data details**: The closing price of the rebar and hot - rolled coil futures contracts, spot prices, basis, spreads, prices of medium - thick plates, wire rods, and cold - rolled coils, steel billet and scrap steel prices, steel mill furnace production and profit conditions, production, inventory, spot market transactions, apparent demand, and futures warehouse receipts all have corresponding data changes [2]. Iron Ore - **Demand**: Last week, the overall production of the five major steel products increased, and the apparent demand rose month - on - month. The market is in the off - season, and iron - making water production is likely to decline seasonally. Steel mills' production cuts suppress raw material prices. The pre - holiday restocking demand will come later this year due to the late Spring Festival [4]. - **Supply**: Global shipments are still at a high level, and the continuous increase in port inventory suppresses futures prices [4]. - **Technical analysis**: The 05 contract has broken through the high point in September and may start a mid - term upward trend [4]. - **Data details**: Include spot and futures prices, basis and futures monthly spreads, variety spreads, overseas shipments, shipping costs and exchange rates, iron ore arrival and port - clearance volumes, inventory, domestic mine production, and futures warehouse receipts [5]. Industry News - Starting from January 1, 2026, the EU's Carbon Border Adjustment Mechanism (CBAM) has officially entered the charging period, initially covering six product categories such as steel, cement, aluminum, fertilizers, electricity, and hydrogen, and planning to expand to about 180 steel and aluminum - intensive downstream products by 2028 [7]. - The steel industry PMI in December 2025 was 46.3%, a month - on - month decrease of 1.7 percentage points, indicating a continued tightening of the industry's operation [8]. - Dalian Commodity Exchange announced that coking coal options will be listed for trading starting from January 16, 2026 [8]. - The fourth round of coke price cuts has been implemented [8]. - There are also various inventory data and production data of steel and other products from different statistical sources [8][9][10].

1. Report Industry Investment Ratings No industry investment ratings are provided in the reports. 2. Core Views of the Reports Steel Industry - The steel market is expected to remain range - bound. The current production cuts limit the downward drive, but weak demand expectations for the May contracts suppress the upside potential. The upward price elasticity depends on changes in the raw material supply side. The reference range for the May contract of rebar is 3050 - 3250 yuan, and for hot - rolled coil is 3200 - 3350 yuan [1]. Iron Ore Industry - The iron ore market will gradually transition from a supply - demand surplus to a situation of weak supply and demand. High inventory restricts the upside of prices, while the expectation of steel mills' restocking at low inventory levels provides support. Short - term focus is on the trend of hot metal production and the restocking rhythm of steel mills, and long - term attention is on negotiation situations [4]. Coking Coal and Coke Industry - For coke, the supply - demand situation has weakened. The futures price has fallen in advance, and the spot price is gradually adjusting. It is recommended to short the Coke 2605 contract on rallies and consider the strategy of going long on coking coal and short on coke. For coking coal, the overall inventory is moderately increasing, and it is also recommended to short on rallies [7]. Ferrosilicon and Ferromanganese Industry - For ferrosilicon, the supply - demand contradiction has been alleviated, and the price lacks upward momentum. The short - term price is expected to fluctuate in the range of 5650 - 5900 yuan. For ferromanganese, it is in a state of self - supply surplus but overall balance of manganese elements. The price is expected to oscillate in the range of 5700 - 6000 yuan [8]. 3. Summary by Relevant Catalogs Steel Industry Steel Prices and Spreads - Rebar and hot - rolled coil spot prices in different regions remained unchanged on January 5, 2026. Rebar futures contracts declined slightly, and hot - rolled coil futures contracts also showed some drops [1]. Cost and Profit - Steel billet and slab prices were stable. The cost of Jiangsu electric - arc furnace rebar decreased by 8 yuan, and the profit of East China hot - rolled coil decreased by 20 yuan [1]. Production and Inventory - The daily average hot metal production remained at 226.5 tons. The production of five major steel products increased by 2.3% to 815.2 tons. The inventory of five major steel products decreased by 2.1% to 1232.2 tons [1]. Iron Ore Industry Price and Spread - The warehouse receipt costs of some iron ore varieties changed slightly, and the basis of 05 contracts and price spreads between different contracts also showed certain fluctuations [4]. Supply and Demand - The 45 - port arrival volume decreased by 1.7%, and the global shipment volume increased by 6.1%. The daily average hot metal production of 247 steel mills remained unchanged, and the national pig iron and crude steel monthly production decreased [4]. Inventory - The 45 - port inventory increased by 1.1%, and the imported ore inventory of 247 steel mills increased by 1.6% [4]. Coking Coal and Coke Industry Price and Spread - Coke prices generally declined, with the Shanxi quasi - first - grade wet - quenched coke (warehouse receipt) dropping by 3.2%. Coking coal prices were relatively stable, with the Shanxi medium - sulfur primary coking coal (warehouse receipt) remaining unchanged [7]. Supply and Demand - Coke production remained stable, and the iron water production also showed no change. The supply of coking coal faced pressure, and the demand for coke was weak due to steel mill losses and maintenance [7]. Inventory - The overall inventory of coke and coking coal increased moderately. The coke total inventory increased by 0.3%, and the coking coal inventory also showed different degrees of increase in various sectors [7]. Ferrosilicon and Ferromanganese Industry Price and Spread - The closing price of the ferrosilicon main contract decreased by 1.4%, and the ferromanganese main contract decreased by 0.4%. The spot prices of ferrosilicon and ferromanganese in different regions were mostly stable [8]. Cost and Profit - The production costs of ferrosilicon and ferromanganese in different regions changed slightly, and the production profits remained relatively stable [8]. Supply and Demand - Ferrosilicon production and demand remained stable, and ferromanganese production increased slightly. The demand for both was affected by the steel market [8]. Inventory - The inventory of 60 sample ferrosilicon enterprises decreased slightly, and the inventory of 63 sample ferromanganese enterprises increased slightly [8].

1. Industry Investment Rating - The report does not explicitly mention the industry investment rating. 2. Core Viewpoints - The price of iron ore is supported by pre - holiday restocking by steel mills due to low raw material inventories and stable molten iron production, but the market remains cautious about the recovery of terminal demand after the Spring Festival. The price lacks continuous driving force and is expected to maintain a volatile pattern in the short term, with attention needed on the sustainability of post - holiday restocking and changes in the steel mill start - up rhythm [3]. - The overall market situation shows a relatively loose supply - demand relationship. The expectation of winter restocking provides short - term resilience, but high inventories restrict the upward space. There are significant differences in short - term trends due to the game between the expectation of winter restocking and high inventory pressure [6]. 3. Summary by Directory 3.1 Supply - **Global Shipment Volume**: This week, the global iron ore shipment volume was 3,677.10 tons, a week - on - week increase of 212.60 tons (+6.14%); Australian shipments were 2,113.70 tons, a week - on - week increase of 163.10 tons (+8.36%); Brazilian shipments were 945.90 tons, a week - on - week increase of 81.80 tons (+9.47%); the combined shipment volume of Australia and Brazil was 3,059.60 tons, a week - on - week increase of 244.90 tons (+8.70%) [3][36]. - **Four Major Mines' Shipment Volume**: The report presents the shipment volume data and trends of four major mines (BHP, Rio Tinto, FMG, and Vale) in different time periods [44][45][48]. - **Freight Rates**: The freight rate from Western Australia to Qingdao dropped to $8.91/ton, a week - on - week decrease of $1.45/ton (-13.99%); the freight rate from Brazil to Qingdao was $23.62/ton, a week - on - week decrease of $0.68/ton (-2.80%) [56]. - **Iron Ore Arrival**: This week, the arrival volume of iron ore at 45 ports in China was 2,601.40 tons, a week - on - week decrease of 45.30 tons (-1.71%) [58]. - **Domestic Mines**: The capacity utilization rate of 266 domestic mines was 57.90%, a week - on - week decrease of 0.86% (-1.46%); the daily output of iron concentrate was 36.56 tons/day, a week - on - week decrease of 0.54 tons/day (-1.46%) [60]. 3.2 Demand - **Steel Enterprise Production**: The blast furnace capacity utilization rate of 247 steel mills in the country was 85.26%, a week - on - week increase of 0.32% (+0.38%); the daily average molten iron output was 227.43 tons, a week - on - week increase of 0.85 tons (+0.38%); the profit - making ratio of steel mills was 38.10%, a week - on - week increase of 0.87% (+2.34%) [70]. - **Sintered Powder and Furnace Charge Ratio**: The daily average consumption of domestic sintered powder was 7.82 tons, a week - on - week decrease of 0.02 tons (-0.26%); the daily average consumption of imported sintered powder was 60.70 tons, a week - on - week decrease of 0.39 tons (-0.64%) [72]. - **Global Steel Output**: The report shows the production data and trends of global blast furnace pig iron, crude steel, and China's blast furnace pig iron and crude steel in different time periods [80][82][84][87]. - **Port Despatch**: The report presents the seasonal data and trends of 45 - port despatch volume and the daily average despatch volume of Qingdao Port [92][94]. 3.3 Inventory - **Port Inventory**: The iron ore inventory at 45 ports in China was 15,970.89 tons, a week - on - week increase of 112.23 tons (+0.71%); the iron ore inventory at 47 ports in China was 16,721.79 tons, a week - on - week increase of 101.83 tons (+0.61%) [96]. - **Steel Mill Inventory**: The imported ore inventory of 247 sample steel mills was 8,946.54 tons, a week - on - week increase of 86.35 tons (+0.97%); the imported sintered powder inventory was 1,261.72 tons, a week - on - week increase of 55.47 tons (+4.60%) [105]. 3.4 Futures and Spot Markets - **Futures Market**: - **Main Contract Situation and Basis**: The price of the main contract fluctuated strongly, with a settlement price of 789.50 yuan/ton, a week - on - week increase of 15.50 yuan/ton (+2.00%); the basis was 41.83 yuan/ton, a week - on - week increase of 15.00 yuan/ton (+55.90%); the Platts Iron Ore Price Index was 108.50 dollars/dry ton, a week - on - week increase of 0.70 dollars/dry ton (+0.65%); the ratio of rebar to iron ore in the main contract was 3.961 [7]. - **Inter - month Spread**: The inter - month spread structure continued to be in contango, with the 9 - 1 spread at 36.50 yuan/ton, the 1 - 5 spread at 15.50 yuan/ton, and the 5 - 9 spread at 21.00 yuan/ton [9]. - **Spot Market**: - **Iron Ore Spot Price**: The report shows the price trends of various iron ore products such as the Platts Iron Ore Index, port spot prices, and Tangshan 66% iron concentrate powder [20][21]. - **Price Difference between Lump Ore and Powder Ore**: The report presents the price difference trends between different types of lump ore and powder ore [23][26]. - **Price Difference between Different Grades**: The report shows the price difference trends between different grades of iron ore [29][31]. 3.5 Other Information - **Weekly Focus on Iron Ore**: It includes important news and industrial chain dynamics, such as the suspension of the expansion project of Brazil's Samarco mine due to environmental permit issues and various macro - news [4]. - **Summary of Market Views**: There are 5 bullish views, 7 neutral views, and 3 bearish views this week; last week, there were 5 bullish views, 7 neutral views, and 1 bearish view. The core of the divergence lies in the game between the expectation of winter restocking and high inventory pressure under the relatively loose supply - demand situation [6]. - **Profit Situation**: The profit of Tangshan rebar was - 105.04 yuan/ton, a week - on - week decrease of 21.96 yuan/ton (-17.29%); the profit of Tangshan hot - rolled coil was - 118.58 yuan/ton, a week - on - week decrease of 21.69 yuan/ton (-15.46%) [112].

Core Viewpoint - The recent military actions by the U.S. against Venezuela have raised concerns in the global commodity markets, particularly regarding oil and mineral supplies, as Venezuela is a significant supplier of key resources [1][2]. Group 1: Impact on Oil Market - Venezuela, holding the largest proven oil reserves globally, currently has an oil production of approximately 1 million barrels per day, which is only 0.8% of global oil production [3]. - The U.S. airstrikes have heightened fears of a disruption in Venezuelan oil exports, which are currently around 600,000 barrels per day, significantly lower than historical levels [3]. - Analysts predict that the airstrikes will provide short-term support for oil prices, although the extent of this impact remains uncertain due to other factors influencing global oil supply and demand [3][4]. Group 2: Impact on Mineral Resources - Venezuela is a key supplier of copper, accounting for 5% to 8% of global reserves, and also provides essential minerals like bauxite and uranium, which are critical for the energy and defense industries [3]. - The geopolitical tensions may lead to increased prices for these minerals due to supply concerns, with gold prices expected to remain strong as investors seek safe-haven assets [3][4]. Group 3: Broader Market Implications - The ongoing conflict may lead to a divergence in market performance, with energy and gold sectors potentially benefiting while other sectors may face challenges [5]. - The situation could also influence domestic markets, with analysts suggesting that the opening of the domestic futures market should be closely monitored for potential volatility driven by geopolitical developments [5][6].

劳埃德金属与能源公司股价上涨3.5%，因季度铁矿石销量大增 。 来源：滚动播报 ...

Report Industry Investment Rating - Not provided in the content Core Viewpoints - Steel prices are affected by the warm commodity market but constrained by the weak reality. They are supported by costs but suppressed by weakening demand and possible tightening of export expectations, and are expected to maintain a volatile trend [3] - The iron ore market has a neutral fundamental situation. High supply and rigid demand are in balance, and prices are expected to move in a volatile manner [22] - For coal and coke, the import pressure in January may ease. The price of coking coal may rebound if the resumption of domestic mines falls short of expectations. The supply - demand structure of coke may improve if the iron - making production of downstream steel mills increases rapidly [33] - Ferroalloy prices may be suppressed by corporate hedging when they rebound to a certain level, but the downside is limited due to cost support [48] - The over - supply expectation of soda ash is intensifying, and the demand expectation is weakening. High inventory restricts the price [63] - For glass, the cold - repair of production lines before the Spring Festival may affect long - term pricing, and the high inventory in the middle reaches needs to be digested [86] Summary by Related Catalogs Steel - **Futures Prices and Spreads**: On December 31, 2025, the closing prices of rebar and hot - rolled coil contracts changed compared to the previous day. For example, the rebar 01 contract closed at 3100 yuan/ton (down 13 yuan from the previous day), and the hot - rolled coil 01 contract closed at 3221 yuan/ton (down 56 yuan from the previous day). The month - to - month spreads also showed changes [4] - **Spot Prices and Basis**: The spot prices of rebar and hot - rolled coil in different regions had slight fluctuations. The basis of rebar and hot - rolled coil in different contracts and regions also changed. For example, the 01 rebar basis (Shanghai) was 200 yuan/ton on December 31, 2025, up 13 yuan from the previous day [9][11] - **Other Ratios**: The volume - screw difference, rebar - iron ore ratio, and rebar - coke ratio were relatively stable on December 31, 2025, compared to the previous day [15][19] Iron Ore - **Price Data**: On December 31, 2025, the closing prices of iron ore contracts showed small changes. For example, the 01 contract closed at 805 yuan/ton (down 4 yuan from the previous day). The basis of different contracts also changed [23] - **Fundamental Data**: As of December 26, 2025, the daily average pig iron production was 226.58 tons (up 0.03 tons week - on - week), the 45 - port desilting volume was 315.06 tons (up 1.61 tons week - on - week), and the 45 - port inventory was 15858.66 tons (up 346.03 tons week - on - week) [27] Coal and Coke - **Futures Spreads and Ratios**: On December 31, 2025, the month - to - month spreads of coking coal and coke contracts changed. The coking profit on the disk decreased, and the ratios of ore - coke, screw - coke, and carbon - coal also changed [36] - **Spot Prices and Profits**: The spot prices of coking coal and coke in different regions were relatively stable. The import profits of different types of coal and the export profit of coke showed some fluctuations [39] Ferroalloy - **Silicon Iron**: On December 31, 2025, the basis of silicon iron in Ningxia was - 22 yuan/ton (up 78 yuan from the previous day), and the month - to - month spreads also changed. The spot prices in different regions were stable or had small increases [49] - **Silicon Manganese**: The basis of silicon manganese in Inner Mongolia was 80 yuan/ton (up 22 yuan from the previous day). The month - to - month spreads and spot prices in different regions also changed [50][52] Soda Ash - **Futures Prices and Spreads**: On December 31, 2025, the closing prices of soda ash contracts decreased. The month - to - month spreads changed significantly. For example, the month - to - month spread (9 - 1) increased by 25 yuan, with a growth rate of 17.61% [64] - **Spot Prices**: The spot prices of heavy and light soda ash in different regions were relatively stable, with only slight changes in some regions [64] Glass - **Futures Prices and Spreads**: On December 31, 2025, the closing prices of glass contracts were basically unchanged. The month - to - month spreads and basis in different regions changed slightly [87] - **Sales and Production**: The daily sales - to - production ratios in different regions of glass showed fluctuations. For example, the sales - to - production ratio in Shahe on December 26, 2025, was 105 [88]

在全球铁矿石市场的博弈大棋局中，中国正上演一场堪称亘古未有的华丽逆转。从过去被动接受国际定价、任人宰割的窘境，到如今逐步掌握谈判主动权、 推动定价机制重构，这不仅是国家资源战略的成功演绎，更是一场牵动全球产业链的产业革命开端，深刻改写着全球资源治理的原有逻辑。 自1981年铁矿石长期合同机制确立以来，中国凭借持续扩张的钢铁产业，已然成长为全球最大的铁矿石消费国，长期占据全球七成以上的消费份额。但令人 遗憾的是，过去数十年间，这一巨大消费市场的定价权却始终被美、澳等西方国家及国际矿商牢牢掌控，令中国在国际贸易中陷入"买得越多、亏得越多"的 被动境地。据行业测算，中国每年因被动接受虚高定价，不得不额外支出超过100亿美元的成本，巨额利益源源不断流入外国矿企口袋。然而，随着中国产 业布局的深化与市场话语权的觉醒，这种失衡局面正在悄然发生根本性转变。 事实上，自2004年起，中国就已稳居全球铁矿石最大买家地位，但美、澳等国的矿商却凭借资源垄断优势，持续推高价格攫取暴利。以力拓、必和必拓、淡 水河谷、FMG为首的四大矿商，垄断了全球70%的铁矿石资源供应，形成了强议价能力的寡头格局。尤其在全球供应链日益复杂、国际地缘政 ...

Core Viewpoint - The recent refusal of China to accept iron ore shipments from BHP signifies a shift in the long-standing dynamics of the iron ore market, where China, previously a passive buyer, is now asserting its negotiating power [1][5][7]. Group 1: Market Dynamics - China's rejection of BHP's iron ore is not merely a technical return but a clear statement of changing attitudes towards the iron ore supply chain [5][10]. - Historically, China has been a submissive buyer in the iron ore market, accepting subpar quality and high prices due to its dependency on steel production [3][12]. - The iron ore pricing power has been concentrated in the hands of a few Western mining companies, leading to a structural imbalance in profit distribution [8][14]. Group 2: Strategic Shifts - The refusal to accept BHP's shipment is a signal of a new phase in negotiations, where China is willing to challenge the old rules of engagement [10][16]. - The development of the Simandou iron ore project in Guinea is pivotal, as it offers higher quality ore and gives China a controlling stake, thus altering the supply dynamics [18][19]. - Simandou's strategic importance lies in its ability to provide a viable alternative to existing suppliers, enhancing China's bargaining position [19][22]. Group 3: Industry Implications - The shift in procurement strategy aims to reclaim lost bargaining power and support domestic steel companies, particularly smaller firms struggling with high costs [16][24]. - By emphasizing quality and introducing alternatives like Simandou, China is gradually reducing the excessive profits of mining companies, forcing them to adapt to a more competitive pricing environment [22][24]. - The evolving landscape indicates a move away from the previously accepted norms, suggesting that the era of passive acceptance in the iron ore market is coming to an end [24].

1. Report Industry Investment Rating No information provided in the content. 2. Core Viewpoints of the Report - For the rebar and hot - rolled coil sector, the market is in a state of weak supply and demand during the off - season. With steel mill profits dropping and the consumption peak passing, steel mill output is expected to decline slowly. The recent sharp rebound in coking coal prices has increased cost support for the futures market. The futures prices are expected to fluctuate upwards. Technically, the 05 contract of the rebar and hot - rolled coil has not broken out of the recent trading range [2]. - For the iron ore sector, the Ministry of Finance's statement has boosted market confidence. However, the overall output and apparent demand of the five major steel products have continued to decline week - on - week. As the off - season approaches, pig iron output is likely to decline seasonally. The high global shipments and rising port inventories are putting pressure on futures prices. Technically, the 05 contract has broken through the September high and may start a mid - term upward trend [4]. 3. Summary by Relevant Catalogs Rebar and Hot - Rolled Coil Supply - Demand Situation - Last week, the output of rebar and hot - rolled coil increased, while the total output of the five major varieties decreased week - on - week. The overall inventory continued to decline. The apparent demand for rebar decreased, while that for hot - rolled coil increased. The overall apparent demand for the five major varieties decreased. The market remains in a state of weak supply and demand [2]. Price and Spread Data - Rebar and hot - rolled coil futures and spot prices showed different changes. For example, the rebar steel main contract price increased slightly, while the hot - rolled coil main contract price decreased slightly. The basis and spread of futures contracts also changed, such as the rebar steel main basis decreased, while the hot - rolled coil main basis increased [2]. Production and Inventory Data - The blast furnace operating rate of 247 steel mills decreased slightly, and the daily average pig iron output increased slightly. The proportion of profitable steel mills increased. The output of rebar and hot - rolled coil increased. The social and steel mill inventories of the five major varieties decreased, except for the rebar steel mill inventory which increased slightly. The steel billet inventory in the Tangshan area increased [2]. Apparent Demand and Transaction Data - The apparent demand for the five major varieties decreased slightly. The national construction steel trading volume and the wire and screw terminal procurement volume decreased [2]. Operation Suggestion - Hold long positions and conduct mid - term trading [2]. Iron Ore Market Environment - The Ministry of Finance's statement has boosted market confidence. However, the demand side is weakening as the off - season approaches, and the supply side has high global shipments and rising port inventories [4]. Price and Spread Data - Iron ore spot and futures prices showed different changes. For example, the DCE iron ore main contract settlement price decreased slightly, while the Platts 62% index increased slightly. The basis and spread of futures contracts also changed [5]. Supply - Related Data - The overseas iron ore shipments from Australia and Brazil increased. The iron ore arrival volume at northern six ports increased, and the daily average port clearance volume increased slightly. The port inventory, port trade ore inventory, and the sinter powder inventory of 64 sample steel mills all increased [5]. Production Data - The iron concentrate powder output of 186 national sample mines decreased [5]. Operation Suggestion - Hold long positions and conduct mid - term trading [4]. Industry News - India has imposed a three - year import tariff on some steel products, with rates between 11% and 12%, aiming to prevent the influx of low - cost Chinese steel [7]. - The total inventory of imported iron ore at 47 ports in China increased by 246.21 tons compared to last Monday. The port inventory continued to accumulate [7]. - From December 22 to December 28, 2025, the total iron ore inventory at seven major ports in Australia and Brazil decreased by 122.5 tons, reaching the lowest level in the fourth quarter of this year [7]. - According to the CISA, the floating value of the coking coal long - term agreement coal - steel linkage in December 2025 decreased by 55 yuan/ton compared to November 2025, a decline of 3.6% [8]. - There are 36 coal mines in Anshun City, with a total designed production capacity of 1488 tons/year. The production status of these mines varies [8].

12月31日，海南矿业盘中上涨2.62%，截至09:35，报12.15元/股，成交1.09亿元，换手率0.46%，总市值 242.79亿元。 责任编辑：小浪快报 海南矿业所属申万行业为：钢铁-冶钢原料-铁矿石。所属概念板块包括：乡村振兴、海南自贸区、天然 气、锂电池、中盘等。 截至9月30日，海南矿业股东户数5.06万，较上期增加8.38%；人均流通股39072股，较上期减少7.74%。 2025年1月-9月，海南矿业实现营业收入33.60亿元，同比增长5.93%；归母净利润3.12亿元，同比减少 42.84%。 分红方面，海南矿业A股上市后累计派现9.93亿元。近三年，累计派现6.57亿元。 机构持仓方面，截止2025年9月30日，海南矿业十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股1270.31万股，相比上期增加210.73万股。国泰中证钢铁ETF（515210）位居第五大流通股 东，持股606.24万股，为新进股东。南方中证1000ETF（512100）位居第六大流通股东，持股548.90万 股，相比上期减少15.64万股。华夏中证1000ETF（159845）位居第九大流通股东，持股 ...