Strong Stocks - As of July 30, the Shanghai Composite Index rose by 0.17% to 3615.72 points, while the Shenzhen Component Index fell by 0.77% to 11203.03 points, and the ChiNext Index decreased by 1.62% to 2367.68 points [1] - A total of 55 stocks in the A-share market hit the daily limit up, with the top three strong stocks being: Southern Road Machinery (603280), Hanjian Heshan (603616), and Happiness Blue Sea (300528) [1] - Southern Road Machinery had 8 consecutive trading days with 7 limit ups, a turnover rate of 47.59%, and a transaction amount of 636 million yuan [1] - Hanjian Heshan also recorded 8 consecutive trading days with 6 limit ups, a turnover rate of 33.54%, and a transaction amount of 881 million yuan [1] - Happiness Blue Sea achieved 5 consecutive trading days with 4 limit ups, a turnover rate of 16.81%, and a transaction amount of 1.525 billion yuan [1] Strong Concept Sectors - The top three concept sectors with the highest increase in A-shares were: Combustible Ice, Artemisinin, and Dairy Industry [2] - The Combustible Ice sector rose by 3.07%, with 90.91% of its constituent stocks increasing in value [2] - The Artemisinin sector increased by 2.33%, with 80.0% of its constituent stocks showing an upward trend [2] - The Dairy Industry sector saw a rise of 1.84%, with 84.85% of its constituent stocks also increasing [2] - Other notable sectors included Community Group Buying and Duty-Free Shops, which rose by 1.27% and 1.22% respectively [2]

Core Insights - The steel industry is facing challenges of strong supply and weak demand, but has managed to improve economic efficiency and environmental standards through self-discipline and production adjustments [1][2] Financial Performance - In the first half of 2025, the cumulative operating revenue of key steel enterprises was 299.85 billion yuan, a year-on-year decrease of 5.79% - Operating costs were 280.55 billion yuan, down 6.83% year-on-year - Total profit reached 59.2 billion yuan, showing a significant year-on-year increase of 63.26% - The average profit margin was 1.97%, up by 0.83 percentage points year-on-year [1] Industry Adjustments - The steel industry has implemented self-discipline to stabilize production, resulting in a steady yet declining crude steel output and improved economic benefits - The industry has maintained low steel inventory levels, balanced supply and demand, and kept steel prices relatively stable, which has led to a decrease in raw material demand and a shift in cost focus [1] Environmental Initiatives - In the first half of 2025, energy-saving and environmental protection investments accounted for 28.9% of total investments, an increase of 4.3 percentage points year-on-year - Total energy consumption decreased by 1.5% year-on-year, while comparable energy consumption per ton of steel fell by 0.6% - As of June 30, 193 steel enterprises completed or partially completed ultra-low emission transformations, with 144 enterprises fully completing the transformation involving a crude steel capacity of approximately 598 million tons [1] Future Outlook - The steel industry is entering a deep adjustment period focused on high-quality development and new production capabilities, facing significant transformation tasks and risks - The industry aims to strengthen bottom-line thinking, prepare adequate plans, and actively respond to challenges while promoting stable and healthy development [2]

投资咨询业务资格：证监许可【2011】1778 号 钢材&铁矿石 | 日报 2025 年 7 月 30 日 钢材&铁矿石日报 专业研究·创造价值 政策预期兑现，钢矿冲高回落 铁矿石：主力期价转弱下行，录得 0.44%日跌幅，量增仓缩。现阶 段，矿石需求韧性尚可，继续给予矿价支撑，但供应预期回升，需求则 是弱稳运行，矿市基本面预期转弱，预计矿价延续高位震荡整理态势， 关注成材走势情况。 （仅供参考，不构成任何投资建议） 姓名：涂伟华 宝城期货投资咨询部 从业资格证号：F3060359 投资咨询证号：Z0011688 电话：0571-87006873 邮箱：tuweihua@bcqhgs.com 作者声明 本人具有中国期货业协会 授予的期货从业资格证书，期 货投资咨询资格证书，本人承 诺以勤勉的职业态度，独立、 客观地出具本报告。本报告清 晰准确地反映了本人的研究观 点。本人不会因本报告中的具 体推荐意见或观点而直接或间 接接收到任何形式的报酬。 专业研究·创造价值 1 / 7 请务必阅读文末免责条款 请务必阅读文末免责条款部分 1 / 8 核心观点 螺纹钢：主力期价冲高回落，录得 0.42%日涨幅，量增仓缩。现 ...

证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交2.54亿元，其中，买入成交额为1.21亿 元，卖出成交额为1.33亿元，合计净卖出1260.59万元。 具体来看，今日上榜的营业部中，共有1家机构专用席位现身，即买二，合计净买入2430.50万元，沪股 通为第一大买入营业部及第一大卖出营业部，买入金额为5385.01万元，卖出金额为7769.41万元，合计 净卖出2384.40万元。 八一钢铁(600581)今日涨停，全天换手率14.88%，成交额9.86亿元，振幅9.27%。龙虎榜数据显示，机 构净买入2430.50万元，沪股通净卖出2384.40万元，营业部席位合计净卖出1306.70万元。 上交所公开信息显示，当日该股因日涨幅偏离值达9.91%上榜，机构专用席位净买入2430.50万元，沪股 通净卖出2384.40万元。 4月26日公司发布的一季报数据显示，一季度公司共实现营业收入35.11亿元，同比增长0.60%，实现净 利润-3.70亿元。 7月15日公司发布上半年业绩预告，预计实现净利润-7.00亿元至-6.50亿元。（数据宝） 八一钢铁7月30日交易公开信息 | 买/ 卖 | 会员营业部 ...

Market Performance - As of July 30, 2025, the three major A-share indices showed mixed results, with the Shanghai Composite Index rising by 0.17% to 3615.72 points, while the Shenzhen Component Index and the ChiNext Index fell by 0.77% to 11203.03 points and 1.62% to 2367.68 points respectively [1] - The total trading volume of the two markets reached 1.84 trillion yuan [1] Industry Highlights - The fishery sector performed notably well, surging by 4.06%, followed by the steel and film industries, which rose by 3.30% and 2.76% respectively [1] - A total of 356 non-currency ETFs increased in value, representing 29% of the market [1] - The China Steel Index rose by 1.58%, and the Steel ETF increased by 1.53% [1] - The China Petrochemical Industry Index saw a rise of 1.57%, with the Petrochemical ETF and Chemical Industry ETF increasing by 2.07% and 1.66% respectively [1] - The China Film Theme Index rose by 1.26%, with the Film ETF increasing by 1.64% and another Film ETF by 1.40% [1] ETF Performance - The top-performing ETFs included the Oil and Gas Resources ETF, which rose by 3.25%, and the Petrochemical ETF, which increased by 2.07% [3] - The Steel ETF had a total share size of 23.50 billion units, closely tracking the China Steel Index [5] - The Oil and Gas ETF had a share size of 1.13 billion units, tracking the National Oil and Gas Index [4] Valuation Metrics - The latest price-to-earnings ratio (PE-TTM) for the China National New Hong Kong Stock Connect Central State-Owned Enterprise Dividend Index is 8.74, which is below 99.80% of the time over the past three years [4] - The National Oil and Gas Index has a PE-TTM of 11.34, below 66.36% of the time over the past three years [5] Declining Sectors - A total of 809 non-currency ETFs declined, accounting for 67% of the market [5] - The China Hong Kong Stock Connect Automotive Industry Theme Index and the China Financial Technology Theme Index experienced the largest declines, falling by 4.50% and 2.94% respectively [5]

| | | | 11/11/2 | SDIC FUTURES | | | --- | --- | --- | | | 操作评级 | 2025年07月30日 | | 螺纹 | ★☆☆ | 曹颖 首席分析师 | | 热着 | ★☆★ | F3003925 Z0012043 | | 铁矿 | ☆☆☆ | 何建辉 高级分析师 | | 焦炭 | ★☆☆ | F0242190 Z0000586 | | 焦煤 | ★☆☆ | | | 證硅 | ★★☆ | 韩惊 高级分析师 | | 硅铁 | ★★☆ | F03086835 Z0016553 | | | | 李啸尘 高级分析师 | | | | F3054140 Z0016022 | | | | 010-58747784 | | | | gtaxinstitute@essence.com.cn | 【钢材】 今日盘面冲高回落。螺纹表需环比回暖，产量小幅回升，库存低位小幅下降。热卷需求有所回落，产量继续下滑，库存小幅累 积。铁水产量维持高位，低库存格局下，市场负反馈压力不大，成本抬升对钢价形成明显支撑。从下游行业看，地产投资继续 大幅下滑，基建、制造业投资增速放缓，内需整体依然偏 ...

证券日报网讯鞍钢股份（000898）7月30日在互动平台回答投资者提问时表示，公司会积极参与国家重 点工程建设，致力于用优质的产品与服务，为各级工程项目贡献力量。 ...

投资者提问： 免责声明：本信息由新浪财经从公开信息中摘录，不构成任何投资建议；新浪财经不保证数据的准确性，内容仅供参考。 董秘回答(包钢股份SH600010)： 尊敬的投资者您好！股价的波动受多种因素影响，公司努力做好经营管理，致力于提升公司核心竞争力，不断为股东创造价值，以良好的业绩回报广大投资者。 查看更多董秘问答>> 贵州茅台比我们包钢差远啦，为什么它可以做股王，而我们在底线徘徊？ ...

Group 1 - Approximately 19 steel mills adjusted their construction material ex-factory prices on July 30, with notable increases in rebar prices in East China, including a rise of 50 yuan/ton for Nanjing Steel and 30 yuan/ton for Shandong Steel [1] - The spot price for rebar on July 30 was reported at 3410 yuan/ton for Yonggang in Shanghai, with other brands like HRB400 and Pinggang also showing competitive pricing around 3370-3430 yuan/ton [2] - The futures market closed with the main rebar contract at 3315.00 yuan/ton, reflecting a daily increase of 0.42%, with trading volume reaching 3,510,866 contracts [2] Group 2 - As of July 29, the Shanghai Futures Exchange reported an increase in rebar warehouse receipts to 85,034 tons, up by 594 tons from the previous trading day [3] - In June, China's steel exports totaled 9.678 million tons, marking an 8.5% decrease from the previous month, with an average export price of 687.1 USD/ton, down 1.6% [3] - According to Sanli Futures research, both policy and fundamentals support rebar prices, with expectations of increased demand from infrastructure projects and a shift in supply-demand dynamics due to industry self-discipline [4]

Group 1 - Industrial production shows divergence, with slight recovery in blast furnace operating rates, up 1.2% year-on-year [1][4] - Chemical production has declined, with soda ash and PTA operating rates down by 3.3 percentage points and 1.2 percentage points respectively [1][11] - Construction industry shows mixed performance, with nationwide grinding operating rates down 3.9 percentage points to 6.2% [1][16] Group 2 - Real estate transactions have seen a rebound, with average daily transaction area for new homes up 20% year-on-year, although still weak [1][29] - Port cargo throughput continues to rise, with year-on-year increases of 5.2% for cargo and 6.3% for container throughput [1][34] - Passenger travel intensity has slightly increased, with the national migration scale index up 0.4 percentage points to 17.8% [1][39] Group 3 - Agricultural product prices show divergence, with egg and vegetable prices up 0.3% and 5.0% respectively, while pork and fruit prices are down 0.2% and 2.3% [2][56] - Industrial product prices have rebounded significantly, with the South China industrial product price index up 4.2% [2][63] - Energy and chemical price indices increased by 4.0% and metal price index by 4.1% [2][63]