节点：中游（冶炼、中间品）位置：中游情绪：利好参考度：6/10
德国钢铁联合会（WV Stahl）提供的信息显示，今年11月德国粗钢产量同比下降2.6%至284万吨。今年前11个月，德国粗钢产量同比下降9.3%至3135万吨。当月德国生铁产量为187万吨，同比下降1%；1-11月生铁产量同比下降10.7%至1989万吨。11月德国热轧钢产量同比增长0.4%至250万吨，而今年前11个月同比下降6.5%至2750万吨。
WV Stahl强调，2025年11月德国粗钢产量继续呈下降趋势，凸显该国钢铁行业持续面临压力。这证实产量仍远低于可持续产能利用率所需水平。全年产量预计仅约3400万吨，这是连续第四年产量显著低于4000万吨的阈值——该阈值被认为是充分利用现有产能的必要条件。因此，钢铁生产商的整体市场环境仍然极具挑战性。
WV Stahl指出，欧盟钢铁市场进..
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