节点：下游（终端消费/应用）位置：下游情绪：中性参考度：2/10
中国不锈钢出口在2026年前四个月同比下降28.5%，至119万吨。海关数据显示，同期进口量亦减少7.8%，总计54.57万吨。尽管4月出口环比回升，但四个月的整体趋势显示，在全球需求持续疲软背景下，中国不锈钢贸易显著降温。
尽管年初至今出口量仍处低位，但4月出口环比增长27.1%。越南当月进口量达约6.6万吨，创历史次高，成为最大买家。印度在延长关键BIS认证豁免后，进口量升至3.6万吨，为19个月以来最高水平。中东地区出口环比大幅反弹45.7%，至4.3万吨，区域贸易活动改善。
尽管成品不锈钢..废钢进口同比激增91.9%，达6.12万吨，显示对回收原料的依赖度上升。与此同时，中国钢铁生产整体收缩，不锈钢及轧钢产量在同期分别下降4.1%和1.3%。数据表明，中国钢厂正调整产能以适应全球消费疲软，面临挑战。
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