节点：中游（冶炼、中间品）位置：中游情绪：利空参考度：9/10


2025年9月中国钢铁产量下降
2025年9月，中国钢铁产量降至7349万吨，较去年同期下降4.6%。这标志着连续第四个月下滑，与8月相比产量下降5%。中国国家统计局报告称，今年1 – 9月累计产量下降2.9%，达到7.4625亿吨。市场需求降低以及节假日因素导致了这一下滑。

减产及市场...
9月生铁产量也出现下滑，降至6605万吨，同比下降2.4%。然而，尽管同比下降5.1%，但9月钢材产量环比略有增长，增幅为1.2%。预计2024年中国钢铁总产量将降至10.05亿吨以下，为五年来最低水平。分析人士认为，2024年可能是中国钢铁产量超过10亿吨的最后一年。

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