【金属】美国通胀缓和,金价获得支撑——金属行业周报

渤海证券研究
Dec 24, 2025

张 珂证券分析师SAC No:S1150523120001核心观点行业情况及产品价格走势初判(1)钢铁:近期原料价格走强,宏观环境氛围偏暖,短期钢价或在市场情绪带动下偏强震荡。(2)铜:目前在高铜价的影响下,下游需求表现一般,临近年末铜供应也将有所收缩,基本面对铜价驱动较弱,关注国内外利率政策等宏观因素对铜价的影响。(3)铝:氧化铝方面,供应过剩的格局难以缓解,短期氧化铝价格将维持低位。电解铝...

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