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Recently, the Jiangmen Xinhui Industrial Park (Fengshanhu New Energy Industrial Park) gained new momentum with the turnkey delivery and trial production launch ceremony for the graphene-coated carbon aluminum foil production site project, marking the project’s entry into the trial production stage. It is understood that the project involves a total investment of approximately 200 million yuan, covers an area of 50 mu, and has a total gross floor area of 33,000 m². Upon full completion, it will be capable of producing up to 48,000 mt of graphene-coated carbon aluminum foil annually. The project was invested in and constructed by Jiangmen Yingang New Energy Industrial Park Construction Co., Ltd., an enterprise under Jiangfa Group.

On March 26, the signing ceremony for the cooperation between Nanning Industrial Investment Group and Shanghai Dinghao New Material Technology Co., Ltd., along with the unveiling ceremony of Nanning Dinghao New Material Technology Co., Ltd., was held at the Chanto Aluminum-Based New Materials Xingning Industrial Park. Shanghai Dinghao New Materials is expected to invest 500 million yuan to build in Nanning a base project with an annual capacity of 60,000 mt of high-performance carbon-coated aluminum foil for new energy batteries.

On March 26, Dianjiang County held a signing event for investment promotion projects in Q1 2026, with a total of 28 projects signed and an agreed amount of 8.12 billion yuan. Among them, the project for the annual production of 50,000 mt of secondary aluminum and aluminum products processing planned to build 10 production lines for aluminum smelting and deep processing. After completion and commissioning, it could achieve an annual output value of 1.25 billion yuan and tax revenue of more than 10 million yuan.

According to a March 21 report, Ali Al Baqali, CEO of Aluminum Bahrain, said that as the traditional export route to global markets via the Strait of Hormuz was essentially closed, the company was transshipping aluminum products exports through Jeddah Port in Saudi Arabia. Al Baqali said that although the company had declared force majeure and cut production, about 40 to 60 of its exports were currently being transshipped through Saudi Arabia, and transportation costs had not risen significantly. Alba is the world's largest single-site aluminum smelter. Jeddah is located on Saudi Arabia's Red Sea coast, about 1,400 kilometers by land from Alba's plant.

On March 26, the 580,000 mt aluminum construction project of Wanji Aluminum Industry (Xinjiang) Co., Ltd. commenced. It is understood that the project adopts an EPC model integrating design, procurement, and construction, with a total investment of approximately 4.595 billion yuan, and is expected to be completed and commissioned in July 2027. Upon completion, the project will become a modern aluminum production site integrating green production, intelligent management and control, and full-chain supporting facilities, improving the entire industry chain from alumina and aluminum to deep aluminum processing.

This week, the weekly operating rate of leading downstream aluminum processing enterprises in China rebounded 1.1 percentage points MoM to 64%.

This week, ferrous metals retreated after a rapid rise. At the beginning of the week, the market said that Asia had shifted to coal-fired power generation due to a natural gas supply deficit, while Indonesia would increase coal production and impose export taxes. The rise in international coal prices was transmitted to China, and coking coal and coke led the gains in ferrous metals; mid-week, the Middle East situation remained volatile, and the U.S. and Iran held differing attitudes toward war, with ferrous metals consolidating at high levels; the pullback in the second half of the week was also mainly due to the weakening of the cost-side logic, as market rumors said long-term iron ore contract negotiations had been completed, expectations for tightening iron ore supply declined, and raw materials turned into the main driver of the pullback. In the spot market, speculative trading and end-user purchase sentiment improved in the first half of the week, while rigid demand remained dominant in the second half, and the spot-futures price spread widened somewhat......

On March 27, at the “Forum on Innovative Development of Cross-Border Data Flows” of the 2026 Zhongguancun Forum Annual Conference, CAAM and the Beijing Representative Office of the European Automobile Manufacturers’ Association signed the Memorandum of Understanding on Promoting Cross-Border Automotive Data Flows and Advancing High-Quality Industry Development. Upholding the principles of complementary advantages, resource sharing, mutually reinforcing development, and win-win cooperation, the two sides will strengthen policy exchanges in the field of cross-border automotive data flows, promote innovative applications of digital technologies to empower cross-border automotive data flows, facilitate positive interaction between regulatory authorities and industry stakeholders, and provide automakers with more opportunities for cooperation and development.

As of March 24, the operating rate of 50 electric-furnace steel mills nationwide mainly producing construction materials was 40.42%, up 1.78% WoW from the previous period; the capacity utilization rate was 41.75%, up 1.88% WoW from the previous period; and daily average production of construction materials was 93,000 mt, up 4,200 mt WoW.

The iron ore futures rose in early trading before gradually retreating during the day. The main contract I2605 ultimately closed at 812 yuan/ton, down 0.49% from the previous trading session.