{"id":618852,"date":"2026-02-04T18:15:40","date_gmt":"2026-02-05T02:15:40","guid":{"rendered":"https:\/\/nai500.com\/?p=618852"},"modified":"2026-02-04T18:15:40","modified_gmt":"2026-02-05T02:15:40","slug":"%e8%b0%81%e8%b5%a2%e8%b0%81%e8%be%93%ef%bc%9f%e9%93%9d%e4%bb%b7%e9%a3%99%e8%87%b3%e5%9b%9b%e5%b9%b4%e6%96%b0%e9%ab%98","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/02\/%e8%b0%81%e8%b5%a2%e8%b0%81%e8%be%93%ef%bc%9f%e9%93%9d%e4%bb%b7%e9%a3%99%e8%87%b3%e5%9b%9b%e5%b9%b4%e6%96%b0%e9%ab%98\/","title":{"rendered":"\u8c01\u8d62\u8c01\u8f93\uff1f\u94dd\u4ef7\u98d9\u81f3\u56db\u5e74\u65b0\u9ad8"},"content":{"rendered":"<p>\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u94dd\u4ef7\u4e00\u4e3e\u7a81\u78342022\u5e744\u6708\u4ee5\u6765\u7684\u9ad8\u70b9\uff0c\u800c\u7f8e\u56fd\u5e02\u573a\u7684\u533a\u57df\u6027\u6ea2\u4ef7\u66f4\u662f\u5386\u53f2\u6027\u5730\u7ad9\u4e0a\u6bcf\u78c51\u7f8e\u5143\u5927\u5173\u3002\u4e00\u573a\u5e2d\u5377\u5168\u7403\u57fa\u7840\u91d1\u5c5e\u7684\u725b\u5e02\u6b63\u5c06\u7f8e\u56fd\u94dd\u4ea7\u4e1a\u63a8\u5411\u4e00\u4e2a\u6df1\u523b\u5206\u5316\u7684\u201c\u65b0\u5e38\u6001\u201d\uff1a\u4e0a\u6e38\u751f\u4ea7\u5546\u6b22\u547c\u96c0\u8dc3\uff0c\u800c\u4e0b\u6e38\u5236\u9020\u4e1a\u548c\u6d88\u8d39\u8005\u5df2\u500d\u611f\u538b\u529b\u3002<\/p>\n<h2>\u8d62\u5bb6\u9635\u8425\uff1a\u751f\u4ea7\u5546\u4e0e\u4f4e\u6210\u672c\u5de8\u5934<\/h2>\n<p>\u5bf9\u4e8e\u7f8e\u56fd\u672c\u571f\u7684\u94dd\u751f\u4ea7\u5546\u800c\u8a00\uff0c\u8fd9\u662f\u4e00\u4e2a\u6536\u83b7\u7684\u5b63\u8282\u3002<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=AA\">Alcoa (NYSE: AA) <\/a>\u548c <a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=CENX\">Century Aluminum (NASDAQ: CENX) <\/a>\u7b49\u516c\u53f8\u76f4\u63a5\u53d7\u76ca\u4e8e\u9ad8\u4f01\u7684\u4ef7\u683c\u548c\u521b\u7eaa\u5f55\u7684\u5730\u533a\u6ea2\u4ef7\u3002\u9ad8\u76db\u5df2\u5c062026\u5e74\u4e0a\u534a\u5e74\u7684\u94dd\u4ef7\u5e73\u5747\u9884\u6d4b\u4e0a\u8c03\u81f3\u6bcf\u54283,150\u7f8e\u5143\u3002<\/p>\n<p>\u7136\u800c\uff0c\u6700\u5927\u7684\u8d62\u5bb6\u53ef\u80fd\u8fdc\u5728\u5927\u6d0b\u5f7c\u5cb8\u3002\u62e5\u6709\u4f4e\u6210\u672c\u80fd\u6e90\u4f18\u52bf\u7684\u4e2d\u4e1c\u751f\u4ea7\u5546\uff0c\u5982Emirates Global Aluminium\uff0c\u6b63\u5750\u4eab\u5927\u5b97\u5546\u54c1\u725b\u5e02\u76db\u5bb4\uff0c\u8d5a\u53d6\u4e30\u539a\u5229\u6da6\u4ee5\u8fdb\u4e00\u6b65\u6269\u5f20\u3002\u6c99\u7279\u963f\u62c9\u4f2f\u5df2\u6295\u8d44\u8d85120\u4ebf\u7f8e\u5143\uff0c\u5fd7\u5728\u8dfb\u8eab\u5168\u7403\u524d\u5341\u5927\u94dd\u751f\u4ea7\u56fd\u4e4b\u5217\u3002<\/p>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0c\u4e2d\u56fd\u751f\u4ea7\u5546\u867d\u65e0\u6cd5\u76f4\u63a5\u83b7\u53d6\u7f8e\u56fd\u5e02\u573a\u7684\u6ea2\u4ef7\uff0c\u4f46\u5168\u7403\u4f9b\u5e94\u7d27\u5f20\u548c\u9ad8\u4f01\u7684LME\u4ef7\u683c\u4f7f\u5176\u534a\u52a0\u5de5\u4ea7\u54c1\u51fa\u53e3\u5229\u6da6\u4e30\u539a\u3002\u5168\u7403\u6027\u7684\u4f9b\u5e94\u77ed\u7f3a\u8ba9\u8fd9\u4e9b\u56fd\u9645\u751f\u4ea7\u5546\u6301\u7eed\u83b7\u5229\u3002<\/p>\n<h2>\u8f93\u5bb6\u9635\u8425\uff1a\u4e0b\u6e38\u5236\u9020\u4e1a\u3001\u6d88\u8d39\u8005\u4e0e\u5c31\u4e1a<\/h2>\n<p>\u5149\u9c9c\u7684\u53e6\u4e00\u9762\u662f\u6c89\u91cd\u7684\u6210\u672c\u3002\u7f8e\u56fd\u94dd\u4e0b\u6e38\u4ea7\u4e1a\u652f\u6491\u7740\u5168\u884c\u4e1a98%\u7684\u5c31\u4e1a\uff0c\u5982\u4eca\u5374\u9762\u4e34\u6210\u672c\u98d9\u5347\u3001\u4f9b\u5e94\u74f6\u9888\u548c\u4ef7\u683c\u6ce2\u52a8\u7684\u4e09\u91cd\u6253\u51fb\u3002\u4ece\u6c7d\u8f66\u3001\u996e\u6599\u5305\u88c5\u5230\u822a\u7a7a\u822a\u5929\u3001\u5efa\u7b51\uff0c\u591a\u4e2a\u884c\u4e1a\u7ade\u4e89\u529b\u53d7\u635f\u5e76\u5f00\u59cb\u5c06\u6210\u672c\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002<\/p>\n<p>\u884c\u4e1a\u89c2\u5bdf\u5bb6Andy Home\u6307\u51fa\uff0c\u7f8e\u56fd\u6d88\u8d39\u8005\u5c06\u53d7\u5230\u51b2\u51fb\uff0c\u800c\u5236\u9020\u5546\u5219\u56e0\u94dd\u4ef7\u589e\u52a0\u6570\u767e\u4e07\u7f8e\u5143\u652f\u51fa\uff0c\u8fde\u98df\u54c1\u6742\u8d27\u4ef7\u683c\u4e5f\u88ab\u63a8\u9ad8\u3002\u66f4\u4e25\u5cfb\u7684\u662f\u5c31\u4e1a\u98ce\u9669\u3002Alcoa\u9996\u5e2d\u6267\u884c\u5b98Bill Oplinger\u66fe\u4f30\u8ba1\uff0c\u591a\u8fbe10\u4e07\u4e2a\u5de5\u4f5c\u5c97\u4f4d\u53ef\u80fd\u53d7\u5230\u5a01\u80c1\u3002\u8fd9\u4e00\u89c4\u6a21\u7684\u7ecf\u6d4e\u51b2\u51fb\uff0c\u5f88\u53ef\u80fd\u5f71\u54cd\u5373\u5c06\u5230\u6765\u7684\u5341\u4e00\u6708\u4e2d\u671f\u9009\u4e3e\u3002\u4e3a\u5e94\u5bf9\u56f0\u5c40\uff0c\u4e0b\u6e38\u4f01\u4e1a\u6b63\u5728\u7f29\u51cf\u4ea7\u80fd\uff0c\u91cd\u65b0\u8bbe\u8ba1\u4ea7\u54c1\u4ee5\u51cf\u5c11\u7528\u94dd\uff0c\u6216\u8f6c\u5411\u94a2\u6750\u5851\u6599\u7b49\u66ff\u4ee3\u6750\u6599\u3002<\/p>\n<h2>\u56f0\u5c40\u6eaf\u6e90\uff1a\u653f\u7b56\u3001\u6210\u672c\u4e0e\u5730\u7f18\u653f\u6cbb\u7684\u201c\u5b8c\u7f8e\u98ce\u66b4\u201d<\/h2>\n<p>\u5f53\u524d\u5c40\u9762\u662f\u591a\u91cd\u56e0\u7d20\u957f\u671f\u4ea4\u7ec7\u7684\u7ed3\u679c\u3002\u5206\u6790\u5e08\u548c\u5a92\u4f53\u5c06\u8fd9\u4e00\u5c40\u9762\u4e0e\u7279\u6717\u666e\u653f\u5e9c2025\u5e74\u590f\u5b63\u5c06\u94dd\u5173\u7a0e\u63d0\u9ad8\u81f350%\u7684\u51b3\u5b9a\u8054\u7cfb\u8d77\u6765\uff0c\u4f46\u6839\u6e90\u66f4\u6df1\u3002\u8fd1\u4e8c\u5341\u5e74\u6765\uff0c\u9ad8\u6602\u7684\u80fd\u6e90\u6210\u672c\u5df2\u5bfc\u81f4\u7f8e\u56fd\u94dd\u51b6\u70bc\u5382\u4ece24\u5bb6\u9510\u51cf\u81f3\u4ec5\u52694\u5bb6\u3002\u5386\u5c4a\u653f\u5e9c\u7684\u5173\u7a0e\u4e0e\u5236\u88c1\u63aa\u65bd\uff0c\u5728\u8bd5\u56fe\u4fdd\u62a4\u672c\u571f\u4ea7\u4e1a\u7684\u540c\u65f6\uff0c\u4e5f\u5c61\u6b21\u6270\u4e71\u4e86\u4f9b\u5e94\u94fe\u3002<\/p>\n<p>\u7279\u6717\u666e\u4efb\u5185\u5bf9UC RUSAL\u7684\u5236\u88c1\u53ca\u540e\u7eed\u89e3\u7981\uff0c\u4ee5\u53ca\u62dc\u767b\u653f\u5e9c2023\u5e74\u5bf9\u4fc4\u7f57\u65af\u94dd\u5f81\u6536200%\u7684\u5173\u7a0e\uff0c\u90fd\u52a0\u5267\u4e86\u7f8e\u56fd\u5e02\u573a\u4f9b\u5e94\u7d27\u5f20\u3002\u8fd9\u4e9b\u63aa\u65bd\u5e76\u672a\u6709\u6548\u63d0\u632f\u56fd\u5185\u539f\u94dd\u4ea7\u91cf\uff0c\u53cd\u800c\u8feb\u4f7f\u6d88\u8d39\u5546\u6d88\u8017\u5e93\u5b58\u3002\u54a8\u8be2\u673a\u6784\u6570\u636e\u663e\u793a\uff0c\u7f8e\u56fd\u94dd\u5e93\u5b58\u5df2\u4ece2025\u5e74\u521d\u768475\u4e07\u5428\u9aa4\u964d\u81f330\u4e07\u5428\u4ee5\u4e0b\u3002<\/p>\n<h2>\u89e3\u836f\u4f55\u5728\uff1f\u8fdc\u6c34\u96be\u6551\u8fd1\u706b<\/h2>\n<p>\u77ed\u671f\u89e3\u51b3\u65b9\u6848\u5be5\u5be5\u65e0\u51e0\u3002Century Aluminum\u65d7\u4e0bMt. Holly\u5de5\u5382\u9884\u8ba1\u57286\u6708\u6062\u590d\u6ee1\u4ea7\uff0c\u4f46\u4ec5\u80fd\u589e\u52a05\u4e07\u5428\u4f9b\u5e94\uff0c\u5bf9\u4e8e\u5e73\u6291\u4ef7\u683c\u676f\u6c34\u8f66\u85aa\u3002\u9700\u8981\u6570\u5341\u4e07\u5428\u7684\u65b0\u589e\u4f9b\u5e94\u624d\u80fd\u89e3\u51b3\u95ee\u9898\uff0c\u800c\u6570\u4e2a\u7eff\u5730\u9879\u76ee\u6295\u4ea7\u4ecd\u9700\u6570\u5e74\u3002\u4e00\u4e2a\u9887\u5177\u8bbd\u523a\u610f\u5473\u7684\u5bf9\u6bd4\u662f\uff1a\u88ab\u6321\u5728\u7f8e\u56fd\u548c\u6b27\u6d32\u5e02\u573a\u4e4b\u5916\u7684UC RUSAL\uff0c\u6bcf\u5e74\u7ea6400\u4e07\u5428\uff0c100%\u4f4e\u78b3\u8db3\u8ff9\u7684\u94dd\u6b63\u6e90\u6e90\u4e0d\u65ad\u8f93\u5f80\u4e2d\u56fd\uff0c\u652f\u6491\u7740\u540e\u8005\u7535\u52a8\u6c7d\u8f66\u548c\u53ef\u518d\u751f\u80fd\u6e90\u4ea7\u4e1a\u7684\u5feb\u901f\u6269\u5f20\u3002<\/p>\n<p>\u5c55\u671b\u672a\u6765\uff0c\u5730\u7f18\u653f\u6cbb\u6216\u8bb8\u4f1a\u63d0\u4f9b\u4e00\u79cd\u53ef\u80fd\u7684\u51fa\u8def\u3002\u7279\u6717\u666e\u66fe\u8c08\u53ca\u4e0e\u4fc4\u7f57\u65af\u7684\u6218\u7565\u4f19\u4f34\u5173\u7cfb\uff0c\u5c55\u73b0\u52a1\u5b9e\u6001\u5ea6\u3002\u5728\u7f8e\u56fd\u5185\u90e8\u4ea7\u80fd\u8ddf\u4e0a\u4e4b\u524d\uff0c\u4e0e\u83ab\u65af\u79d1\u8fbe\u6210\u534f\u8bae\uff0c\u83b7\u53d6\u5bf9\u9ad8\u79d1\u6280\u548c\u7eff\u8272\u4ea7\u4e1a\u81f3\u5173\u91cd\u8981\u7684\u4f4e\u78b3\u94dd\uff0c\u6216\u8bb8\u4f1a\u6210\u4e3a\u4e00\u4e2a\u73b0\u5b9e\u7684\u9009\u9879\u3002\u7136\u800c\uff0c\u8fd9\u4e00\u5207\u90fd\u9700\u65f6\u95f4\uff0c\u800c\u7f8e\u56fd\u4e0b\u6e38\u4ea7\u4e1a\u548c\u6d88\u8d39\u8005\u7684\u9635\u75db\uff0c\u6050\u6015\u624d\u521a\u521a\u5f00\u59cb\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u94dd\u4ef7\u4e00\u4e3e\u7a81\u78342022\u5e744\u6708\u4ee5\u6765\u7684\u9ad8\u70b9\uff0c\u800c\u7f8e\u56fd\u5e02\u573a\u7684\u533a\u57df\u6027\u6ea2\u4ef7\u66f4\u662f\u5386\u53f2\u6027\u5730\u7ad9\u4e0a\u6bcf\u78c51\u7f8e\u5143 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":557526,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430,2196],"tags":[730,1402,2128,740],"class_list":["post-618852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","category-2196","tag-730","tag-1402","tag-2128","tag-740","sectors-base-metals-sch","locations-middle-east-zh-hans","locations-china-zh-hans","locations-europe-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/618852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=618852"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/618852\/revisions"}],"predecessor-version":[{"id":618855,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/618852\/revisions\/618855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/557526"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=618852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=618852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=618852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}