《大行》報道指唐山鋼鐵廠被要求減產 大摩:寶鋼股份(600019.SH)或受益
摩根士丹利發表研究報告,指唐山的鋼鐵企業接到通知,受環境原因驅動下,這些企業被要求在7月4日至15日期間從燒結到高爐的全生產鏈減產30%。部分鋼鐵廠已計劃提前進行檢修。唐山6月份的燒結減產已將該市庫存降至非常低的水平,進一步減產可能開始影響鋼鐵產量。
另一方面,國家主席習近平近期主持會議,討論抑制過度競爭和有序退出落後產能。中國鋼鐵工業協會近期表示,2025年前四個月鋼坯出口量已超過2024年全年總量,協會建議相關國家部委對鋼坯出口實施限制。此前,全國多家鋼廠已接到年底前合計減產約3,000萬噸的命令。
大摩指,由於目前正值淡季,加之上述因素,市場對近期鋼鐵減產的預期升高。大摩認為,在其覆蓋的鋼廠中,寶鋼股份(600019.SH)可能受益。
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