节点：中游（冶炼、中间品）位置：中游情绪：利空参考度：6/10
哈萨克斯坦统计局公布2026年1月主要金属产量数据，多数品种产量环比下滑，仅精炼金、精炼银同比增长。
精炼铜2026年1月产量38641吨，环比2025年12月降0.9%，同比2025年1月降9.4%；2025全年产量470990吨，同比增1.5%。精炼锌1月产量20258吨，环比降6.6%，同比降7.8%；2025全年259638吨，同比降6.6%。氧化铝及未锻造铝1月140392吨，环比降4.9%，同比降9.7%；2025全年1782420吨，同比降1.4%。
铁合金1月产量180505吨，环比降55.3%（降幅显著），同比降5....
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