位置：中游情绪：中性参考度：1/10
全球钢铁行业正经历重大结构性变革，正从以中国及其他东亚国家为主导的格局，向更均衡且竞争充分的全球市场转变。
尽管需求缓慢复苏，世界钢铁协会预计未来两年将实现增长，但供过于求问题依然存在。新增产能增速持续高于需求，导致产能利用率偏低及数亿吨过剩产能，对钢铁生产商构成持续压力。
传统钢铁生产国与新兴市场间差异显著。中国钢铁产销量双降，自2020年以来首次跌破10亿吨；日本、韩国、德国亦缩减产量。与之形成对比的是，印度增长迅猛，产需均强劲上升，预计将引领全球增长。同时，越南、中东、非洲等地区正成为新的需求ĸ..
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