节点：中游（冶炼、中间品）位置：中游情绪：利空参考度：5/10
全球钢铁行业正处于转型期，传统生产国中国、日本及韩国因需求疲软或饱和，产量持续下滑。世界钢铁协会数据显示，2025年10月全球粗钢产量同比下降5.9%，1-10月累计产量下滑2.1%。产量增长主要来自非洲、中东及北美地区，而亚洲和Ƭ..
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