钢材铁矿周报：宏观暖风吹 负反馈阻力大

g৻঩ы-࡭࢕, CFAg৻঩ऄઢ͹13426249707gyouyang@cmschina.com.cngू९մ-幏Ⱗ䜛g৻঩ऄઢ͹18818212580gzhaojiayu@cmschina.com.cn g՚ࠀЏ૏ۼ: Z0016776 2023ٵ10ޤ29ݺ 01ৈખЊঌऋݐ਼ ு֛ࠀџ02 ׂு֛݇ރவߎ03 П੽зў֛ுՃЈյࠢઃ04 01 ৈખЊঌऋݐ਼ গ੥Љज़ܱࣛ਋ ͵޶ଥ৙ݹ߄ऋچବڀԾߕ୸ܴͫ৓چବڀԾߕߡͫӟՍઌԥऋݹ߄৙ͫୖߕ஬ࡌёࣀૻ६ͫଆஎՊԗ߄ஒ澞҈ځঀ夊়澝ࢽԲф୏ڽԟૻ֛ଆஎͫѸեߊंйԢԘ஫杂ࡈמЕ୍澝ӯ䃔৓ܴѺѹͫ௄ઋ଒▲࠵Їԟॱ୿߄ஒ澞ୖۅИܴ҈஬৓ߕ澞ؐவސ઀ͫञݶ২❔֪ࣤ੊ױ੊ঈؐ઀ӯ֛ଆஎچյͫ஭哙଍੧֫١ߕРЈյୖۺ৒ܴر۪ߊ৑िە௄ઋЩ઀澞 ଭ䩲͵धޟܴ৓ࡌ୞䩳஬ͫф୏ࡊ୞ͧ࣪Їԟࡁ0.3Ѕ⩰ਙ242.7Ѕ⩰ͨ࣪Їԟࡁ澞ୖםૻ֠ਸ݃Դ☊ͫ௄ઋե৒୞䩳஬ࡌଆஎљ६ОП澞୞䩳କ৒Дյⶌڀঅՠ௄ߊͫੋૻۣުߊգٶڪૻچବڀѸⶌͫЌ௄ઋե৒ⶌڀବچ஑৓ܴҞۣ澞ڀ୞䩳ͧٵࡊثչ্ރמͨйԷ՗Ѻѹהުޢё澞ڠҞܴѽ୞䩳҈஬৓ޅͫѸଆஎ۱߄૴ڞ澞ם۽իީ֠ӗфਸߊեࡨҼ澞ؐவސ઀ͫ২❔ݶञࣤյچଆஎ֛੊ঈؐ઀ӯױ੊֪ͫ௄ઋЩ઀ە৑िܴر۪ߊ৒ۺРЈյ୞䩳֫١஭哙଍੧澞 ޯ մрބज़ࣛ͵ Ԥ૕͵ОП߈ઑ઀ڏͫԥך߃ଓق悩Ѻ٢ମ૾͹ߕ҈஬Ӈٵ੫Иͫऻभ߄ஒͺୖԴӯ䃔৓ܴѺѹͫՌԆյۅߊӱૄЇԟͫ୞䩳҈஬ଆஎ૚ڞ Ӯ͵׫ОП߈ઑ઀ڏମ૾͹୞䩳҈஬ଆஎ૚ڞѸ1/5ٝ׬࠳৆֛੊ͺୖߕऻभ߄ஒͺӯ䃔ЇЈД஡஝୤䎯͵1ͧ࠭੏୻ڲ2ࣱͧज़ݛॡ 02 ԡА/ԡԗ夊ঋࢻઓմࢺࠢІ䃄80/30Ҫ/⩀ͧઘࠫࢺࠢবृ34/84Ҫ/⩀ ᮦᦤᶛⓆφWINDθᤑ୼ᵕ䍝 ԡА/ԡԗ䏣ԱࢻઓմࢺࠢІ䃄80/50Ҫ/বृࠢࢺࠫઓઘޫ⩀ͧ35/65Ҫ/⩀ ᮦᦤᶛⓆφWINDθᤑ୼ᵕ䍝 PB/І䃄ࠢմࢺޯࢻઓࢤબ38/12Ҫ/বृࠢࢺࠫઓઘޫ⩀澞9/37Ҫ/⩀澞ޣѨрԀռНԦஂ७/IOC6/BRBF ᮦᦤᶛⓆφWINDθᤑ୼ᵕ䍝 夊ঋ/䏣Ա1ޤ/5سবࠢўٚࢺޤ2/1Ҫ/⩀ͧଭ䩲/䎣ࢎ1ޤ/5سবࠢўٚࢺޤ14/30Ҫ/⩀ ᮦᦤᶛⓆφMysteel, WINDθᤑ୼ᵕ䍝 ܕЇ庝Ͷଭ䩲ঢࠢࢺߡଥўڄޯݺͶٴܕࠢͧӞՌӮ䃂ࢺٴܕޯׁࠢଥўࢺטࡢ▁ؓӮ䃂 ᮦᦤᶛⓆφMysteel, WINDθᤑ୼ᵕ䍝 03 ׂு֛݇ރவߎ І䃄ࠢଵֈࢺۑݰּЅԜ11%ͧЇୠࠢ٠ଵֈբּЅ঎49%ͧиԶדଡ଼૝ٴࠫѹޣޫբٵ Їୠࠢଵֈࢺּ֥֩ࣨ42%ͧٴࠫѹޣޫբٵԶܕঢ ІԞࠢрࢺۉڅݺ޶ڎ5%;ԡА澝ԡԦ澝ԡԗࢺࠢӢӯІԞ9%澝ٴܕ澝ІԞ1% ᮦᦤᶛⓆφMysteelθᤑ୼ᵕ䍝 ٿӞ֭ݺͤޮͣЈլմݺմٖҀޯٕ޾4Є⩀ͧ૕ଢ଼֐ݘԂڅ॔՟ৼ㓬 ࠢٿрӞۉԡАޫ૝(㖊ঠ޲ۯ)ٴࠫѹޣࠢբٵԶܕঢ ޶ԡАુӮ䃂ࢺࠢЇୠ30Ҫ/⩀澝ԡԗુ޶Ӯ䃂ࢺࠢІԞ30Ҫ/⩀ ԡԗ䐀ॡӮ䃂ࢺࠢЇୠ90Ҫ/ଡ଼૝ٴ֭ࠫٴޫиԶՖբד⩀ͧ Ъ࣐ીଵֈͣЅմ֭Қͤࢺࠢৼ㓬Їୠ澞Ыځޤকଵ֋ٿࢺࠢЇୠ 夊ঋ਽୻ࢺࠢЇୠ17਽୻޶߂ͶٴࠫѹޣޫբٵԶܕঢ࠭୻޶Є⩀ͧେЇୠࠢࢺ7Є⩀ ᮦᦤᶛⓆφMysteelθᤑ୼ᵕ䍝 ਽੏ࡤચ㖊Ӑ(Їୠࠢ㔀ͤࢺ࠮޶לл23Є⩀ͣ-2%ͤ২1346Є⩀ͧբࠢЇୠ6% 夊ঋٿԽࠢࢺ6%ٿⵜࠢࢺ޶澝େ2% ᮦᦤᶛⓆφMysteelθᤑ୼ᵕ䍝 Їୠٰسࠢͤࢺڅ޲ۯͣࠢԨٿ֋ބ夊ঋ帢 ٿড澞䏣ԱԽܕમԍٿⵜ޶߂3%ͧٿԽ޶߂2%ͧڼ૕ଢ଼ԅڅૻٿԽ ᮦᦤᶛⓆφMysteelθᤑ୼ᵕ䍝 Їୠࠢࢺٿ㔀޶לл76Є⩀ͣ-3%ͤ২2356Є⩀ ޯմ՞ռमуଞऻЗޥԞͧେ޶уଞࢺࠢІԞ11Є⩀ͣ2%ׁͤͧࠢуଞࢺ޶߂ޯٴܕ ᮦᦤᶛⓆφMysteelθᤑ୼ᵕ䍝 ІԞࠢࢺڀ҇޶לл11Є⩀ͣ1%ͤ২1270Є⩀ͧբࠢЇୠ7%ͧଡ଼૝ٴࠫѹޣиԶՖד ଥԳӮ䃂૕ଢ଼֐ݘٰس澞䎯ت䎯夊ঋӮ䃂ࢺ׌ࠢԅ1Ҫ/⩀২-165Ҫ/⩀ͧ䏣ԱӮ䃂ࢺࠢԅ׌2Ҫ/⩀২-78Ҫ/⩀ एࡗसଥԳӮ䃂ࢺࠢІ䃄64Ҫ/⩀ͧуৗӮ࣐ࢴІԞ1.3ࣨӢ䎯 ᮦᦤᶛⓆφWINDθMysteelθᤑ୼ᵕ䍝 ڄଥ҇୻ऻؓͧଥԳঢܕѹٿज़ࣛ૜ਗ ᮦᦤᶛⓆφሂᇓ䍺䇥θᤑ୼ᵕ䍝 ڄͣֆًଜߡଥўڄ)մࢺࠢІԞ10Ҫ/⩀ͶڄଥѲҚѹиԶՖେ֭ޫҚ ІԞࠢͧբٴܕ࣏ࠢଭуଞࢺ2.7%ޯׁͧܕঢ20ٵ10ளݰ২юޤ ૡՌ䩲ӰࡵࢺࠢЇୠ460Є⩀২2280Є⩀ͧٝࢌզЗ֡㔀ՆઓІԞ26⩀২2170Є⩀ ᮦᦤᶛⓆφMysteelθᤑ୼ᵕ䍝 ૡՌ䩲҇চ㖊Ӑ(ড)