铝及其制品

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美国关税战压顶,欧盟扛不住,冯德莱恩访华前先去日本,事情不简单
Sou Hu Cai Jing· 2025-07-26 10:05
Group 1 - The core issue is the escalating trade tensions between the EU and the US, particularly due to the US imposing significant tariffs on EU goods, which has prompted EU leaders to seek support from allies like Japan [1][3][4] - The US has implemented a series of tariffs, including a 10% basic tariff on most EU exports, a 25% tariff on imported cars and parts, and a 50% tariff on steel and aluminum products, with further threats of a 30% tariff on EU goods starting August 1 [3][4] - The potential impact of these tariffs is severe, with 70% of the €530 billion worth of goods exported from the EU to the US being affected, leading to reduced profit margins and increased prices for EU manufacturers, particularly in the automotive sector [4][6] Group 2 - EU Commission President Ursula von der Leyen's visit to Japan aims to establish a "competitiveness alliance" focused on developing rare earth resources, reducing reliance on China [6][9] - The EU's relationship with China is complex, with recent tensions arising from trade barriers and restrictions on Chinese companies, despite a history of strong economic cooperation [6][7] - The EU is encouraged to recognize mutual interests with China and engage in sincere dialogue to foster cooperation in trade and global governance, which could stabilize and enhance EU-China relations [9]
电解铝观点更新
2025-07-02 15:49
电解铝观点更新 20250702 摘要 2025 年上半年国内原铝表观需求同比增长 4.5%,虽低于去年同期,但 仍超预期,主要受益于流水转化率提升、光伏抢装和抢出口共振,以及 废料供应紧张。 光伏产业对电解铝需求影响复杂,上半年光伏抢装增加原铝需求,但全 年来看,光伏组件对原铝需求同比减少 30 万吨,拖累铝需求增速约 0.7 个百分点。 新能源汽车行业表现强劲,预计全年销量同比增长 30%,汽车用铝增量 同比增加 54 万吨,贡献原铝消费增速约 1.2 个百分点,与去年基本持 平。 受出口退税和关税影响,1-5 月份微断达的铝及其制品累计出口量同比 下降 4.4%,但降幅收窄,全年出口量预计增加 10 万多吨,对全年需求 贡献约 0.5 个百分点。 电力领域投资增长显著,1-5 月新增 220kV 以上线路长度累计同比增长 近 30%,带动铸造业产量同比增长 12%左右,贡献显著。 Q&A 天丰金属公司在过去两年的盈利表现如何? 天丰金属公司在过去两年中,利润增长速率显著提升,分红比例也有所增加, 整体盈利水平保持稳定。这一扩张周期使得公司表现出色,与港股的中国红桥、 A 股的中葡实业、云铝天山等优秀公司 ...