登录新浪财经APP 搜索【信披】查看更多考评等级 股票简称：山东钢铁 证券代码：600022 编号：2026-007 山东钢铁股份有限公司 第八届董事会第二十二次会议决议公告 本公司及董事会全体成员保证公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实、准确和完整承担法律责任。 一、董事会会议召开情况 （一）本次董事会会议召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 （二）本次董事会会议通知于2026年2月24日以电子邮件和直接送达的方式发出。 （三）本次董事会会议于2026年2月27日以通讯方式召开。 （四）本次董事会会议应到董事9人，亲自出席董事9人。 （五）本次会议由公司董事长毛展宏先生主持，公司高级管理人员列席会议。 二、董事会会议审议情况 本次会议审议并通过了以下议案： （一）关于公司《2025年度估值提升计划暨提质增效重回报行动方案》的年度评估报告的议案 表决结果：同意9票，反对0票，弃权0票。 详细内容见上交所网站（www.sse.com.cn）公告。 （三）关于公司固定资产折旧年限区间调整的议案 该议案已经公司董事会风险管理与审计委员会审议通过。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 根据中国证监会《上市公司监管指引第10号——市值管理》和上海证券交易所《关于开展沪市公司"提 质增效重回报"专项行动的倡议》，山东钢铁股份有限公司（以下简称"公司"）经董事会审议通过后于 2025年4月30日披露了《2025年度估值提升计划暨提质增效重回报行动方案》（以下简称《估值提升计 划暨行动方案》）。2025年度，公司认真组织落实《估值提升计划暨行动方案》，以实际行动提升公司 经营质量与投资价值，取得了较好成效。现将年度执行情况评估报告如下： 一、扭亏为盈，夯实高质量发展根基 2025年，公司坚持以价值创造为导向，以变革破局突围，围绕提效率、降成本、拓市场、调结构、强协 同五大主线精准发力，抢抓采购端价格下行以及销售端季节性市场行情，全年累计生产生铁1576万吨、 粗钢1825万吨、商品坯材1771万吨。经初步测算，预计全年实现净利润5.71亿元左右，实现归属于母公 司所有者的净利润1.00亿元左右，与上年同期-28.91亿元（追溯调整后）相比，扭亏为盈，同比增利 29.91亿元左右。 （一）改革攻坚纵深推进。"1+6+N"体系变革深化落地，关键领域改革 ...

根据中国证监会《上市公司监管指引第10号一一市值管理》和上海证券交易所《关于开展沪市公司"提 质增效重回报"专项行动的倡议》，山东钢铁股份有限公司（以下简称"公司"）经董事会审议通过后于 2025年4月30日披露了《2025年度估值提升计划暨提质增效重回报行动方案》（以下简称《估值提升计 划暨行动方案》）。2025年度，公司认真组织落实《估值提升计划暨行动方案》，以实际行动提升公司 经营质量与投资价值，取得了较好成效。现将年度执行情况评估报告如下： 登录新浪财经APP 搜索【信披】查看更多考评等级 一、扭亏为盈，夯实高质量发展根基 2025年，公司坚持以价值创造为导向，以变革破局突围，围绕提效率、降成本、拓市场、调结构、强协 同五大主线精准发力，抢抓采购端价格下行以及销售端季节性市场行情，全年累计生产生铁1576万吨、 粗钢1825万吨、商品坯材1771万吨。经初步测算，预计全年实现净利润5.71亿元左右，实现归属于母公 司所有者的净利润1.00亿元左右，与上年同期-28.91亿元（追溯调整后）相比，扭亏为盈，同比增利 29.91亿元左右。 （一）改革攻坚纵深推进。"1+6+N"体系变革深化落地，关键领域改革 ...

编辑/doris | 序號 | 代碼 | 名稱 | 最新價 | 漲跌幅 | 成交額 : | | --- | --- | --- | --- | --- | --- | | 1 | 01053 | 重慶鋼鐵股份 | 1.280 | +4.92% | 5177.86萬 | | 2 | 00826 | 天工國際 | 4.160 | +0.73% | 2362.41萬 | | 3 | 00323 | 馬鞍山鋼鐵股份 | 2.650 | +3.11% | 2290.83萬 | | ব | 00347 | 鞍鋼股份 | 2.100 | +2.94% | 1482.34萬 | | 5 | 03788 | 中國罕王 | 4.230 | +2.42% | 1262.54萬 | | 6 | 00581 | 中國東方集團 | 1.600 | +2.56% | 560.7萬 | | 7 | 01104 | 亞太資源 | 3.330 | +4.06% | 422.28 萬 | | 8 | 02623 | 愛德新能源 | 4.920 | +2.50% | 101萬 | 消息面上，多家钢铁企业披露2026年首月实现生产"开门红"，方大达钢 ...

消息面上，多家钢铁企业披露2026年首月实现生产"开门红"，方大达钢1月生铁、粗钢、钢材产量分别 完成生产计划的105.01%、110.63%和110.71%，多项核心指标再攀新高；阳春新钢铁1月全月产销率达 到101%，销售渠道实现新突破。 华泰证券发布研报称，近期两会自主减排或标志着双碳政策进入实质执行阶段，供给约束常态化或成为 行业盈利修复核心驱动，2026年钢铁行业有望复苏。当前行业处于历史低位，叠加粗钢产量长期下行， 下游需求结构持续优化，钢铁正进入政策主导、供给收缩、利润弹性放大的复苏周期。 钢铁股再度走高，截至发稿，重庆钢铁（601005）股份(01053)涨7.38%，报1.31港元；马鞍山钢铁股份 (00323)涨4.67%，报2.69港元；鞍钢股份（000898）(00347)涨4.41%，报2.13港元；中国东方集团 (00581)涨2.56%，报1.6港元。 ...

主要驱动力来自汽车及零配件。这类进口品的价值几乎翻了一番，从2024年第二季度的133亿中非 法郎增至一年后的262亿中非法郎。这一动态表明对车辆和设备的采购力度加大，对货币需求和汽车行 业的经销渠道产生了直接影响。钢铁产品进口也在加速。2025年第二季度，生铁、铁及钢材的进口额达 449亿中非法郎，而2024年同期为111亿中非法郎。这一显著差距反映了订单量的大幅上升，可能对高度 消耗钢材的建筑工程、房地产和基础设施等领域产生影响。值得关注的第三大类是农业投入品，特别是 杀虫剂、杀菌剂和除草剂。进口量略有增长，进口额估计为170.1亿中非法郎，而一年前为159亿中非法 郎。这一细分领域证实了农业部门对进口植保产品的依赖，目前确保农作物产量仍然是一项挑战。 在回顾的整个统计期内，在杜阿拉和克里比港口卸货的商品总价值的69%来自11个国家。中国以占 进口总额20%的份额位居榜首，其次是多哥（15%）、印度（7%）、比利时（7%）和法国（7%）。这 一来源地结构凸显了亚洲和区域贸易伙伴在喀麦隆供应中的重要性。这一格局证实了中国在喀麦隆对外 贸易中的主导地位，同时也显示出供应来源正逐步多元化，以及非洲内部贸易的上升 ...

Core Insights - The company has achieved significant production milestones in January, reflecting a strong start to the year and aligning with the spirit of the recent employee representative conference [5][10][22] Production Performance - In January, the company exceeded production targets with pig iron output surpassing the plan by 0.25 million tons, crude steel by 0.03 million tons, and finished products by over 2.5 million tons [7][19] - A total of 38 production records were broken across various departments, showcasing enhanced operational efficiency and teamwork [7][19] Efficiency and Cost Reduction - The No. 1 blast furnace set a monthly production record, achieving a capacity utilization rate of 108.17%, resulting in a cost reduction of 1.2985 million yuan [8][20] - The continuous casting machine in the steelmaking plant also set a monthly output record, contributing to a cost reduction of 2.2056 million yuan [8][20] Inventory and Shipping Records - The hot-rolled steel plant achieved a record in monthly shipments, while the hot-rolled slab warehouse set a record for monthly receipts [8][20] Commitment to Quality and Future Goals - The company emphasizes the importance of the January achievements as a foundation for high-quality development throughout the year, committing to further improvements and operational excellence [10][22]

Core Viewpoint - The steel industry in China is undergoing significant structural reforms during the "14th Five-Year Plan" period, with a focus on capacity management and production reduction exceeding 100 million tons. The "15th Five-Year Plan" will emphasize controlling new capacity, optimizing existing capacity, mergers and acquisitions, and facilitating the exit of outdated capacity [1][2]. Group 1: Capacity Management and Production - During the "14th Five-Year Plan," the steel industry has reduced production by over 100 million tons and will continue to focus on capacity governance in the "15th Five-Year Plan" [1]. - By 2025, China's crude steel production is projected to be 961 million tons, a decrease of 4.4% year-on-year, while pig iron production is expected to be 836 million tons, down 3.0% year-on-year [1]. - The industry aims to strictly control new capacity and ensure the exit of illegal and non-compliant capacity, promoting a continuous optimization of the capacity structure [1][2]. Group 2: Export and Profitability - Despite a decline in domestic consumption, steel exports are expected to reach a record high of 119 million tons in 2025, an increase of 7.5% year-on-year, with an average export price of $694 per ton, down 8.1% year-on-year [1]. - The steel industry's total revenue for key enterprises in 2025 is projected to be 6.1 trillion yuan, a decrease of 3.1% year-on-year, while total profits are expected to rise by 140% to 115.1 billion yuan [2]. - The industry is experiencing a shift towards profitability, with the main steel business achieving a profit of 44.5 billion yuan, marking a turnaround from losses [2]. Group 3: Industry Consolidation and Collaboration - The industry is accelerating mergers and acquisitions, with major companies like Baowu Steel taking the lead in self-regulating production and inventory [2]. - By 2025, the concentration of the top 10 steel companies is expected to reach 43.1%, an increase of 4.2 percentage points from 2020, indicating a trend towards greater industry consolidation [2]. - The industry is focusing on enhancing collaboration with downstream sectors such as shipbuilding, transportation, and heavy equipment to explore new markets and applications for steel products [3]. Group 4: Green Development and Regulatory Measures - The steel industry is committed to promoting green and low-carbon transformation, aiming to complete ultra-low emission modifications for surplus capacity [3]. - A dynamic public management mechanism for ultra-low emissions will be established, transitioning from energy consumption control to carbon emission control [3]. - The industry will optimize export structures and implement strict management measures for certain steel product export licenses to ensure high-quality development of export trade [3].

Core Viewpoint - The steel industry is experiencing a slowdown in contraction, with the PMI for January 2026 at 49.9%, indicating a slight recovery but still below the critical 50% threshold [1][3]. Demand and Supply - Demand remains weak due to seasonal factors, including low temperatures and the upcoming Spring Festival, which restricts construction activities [3][4]. - Some infrastructure projects are nearing completion, contributing to a slight increase in steel demand, while export orders are under pressure due to policy changes and weak overseas demand [4][14]. - The new orders index rose to 50.2%, indicating a return to expansion after five months, although overall demand remains subdued [4][14]. Production and Inventory - Steel production is stabilizing, with the production index rising to 48.4%, ending a two-month decline, and average daily crude steel production increasing by 21.6% compared to the previous month [8][12]. - Finished product inventory is accumulating, with the inventory index at 52.2%, indicating a return to expansion after three months [8][12]. Price Trends - Steel prices showed a trend of rising and then falling, with the Shanghai rebar price index peaking at 3,234 CNY/ton before declining to 3,196 CNY/ton by the end of January [10][12]. - Raw material procurement activities have increased, with the procurement index at 57.9%, marking a significant rise and indicating stronger purchasing by steel mills [12][14]. Future Outlook - In February 2026, steel demand is expected to remain weak due to the seasonal effects of the Spring Festival, with significant reductions in construction activities and a slow recovery in the real estate sector [14][15]. - Steel production is likely to decline again as mills may reduce output in response to lower demand and ongoing environmental regulations [15].

Core Viewpoint - The report indicates a decline in China's pig iron production, with a projected output of 60 million tons in December 2025, representing a year-on-year decrease of 9.9% and a cumulative production of 840 million tons for the year, down 3% compared to the previous year [1]. Group 1: Industry Overview - The report is based on data from the National Bureau of Statistics, highlighting a significant downward trend in pig iron production in China [1]. - The report is published by Zhiyan Consulting, a leading industry consulting firm in China, which specializes in providing in-depth industry research and strategic investment reports [1]. Group 2: Company Implications - The companies listed, including Baosteel Co., Ltd. (600019), Maanshan Iron & Steel Co., Ltd. (600808), and others, may face challenges due to the declining production trends in the pig iron sector [1]. - The report suggests that the industry may need to adapt its strategies in response to the projected decrease in production and market demand [1].