Secondary Aluminum Alloy Ingot Inventory Decreases by 95 mt MoM, 837 mt WoW in Major Consumption Areas

According to CAAM data, in January, automobile production and sales reached 2.45 million and 2.346 million units respectively. Production was up 0.01% YoY, while sales decreased by 3.2% YoY, down 25.7% and 28.3% MoM respectively. NEV production and sales reached 1.041 million and 945,000 units respectively, increasing by 2.5% and 0.1% YoY. NEV sales accounted for 40.3% of total new automobile sales. According to CAAM analysis, in January, the overall automobile industry operated steadily. The passenger vehicle market experienced some decline, while the commercial vehicle market continued its positive trend. The NEV market operated stably, and automobile exports maintained growth. The main factors contributing to the market decline were: first, the transition and adjustment of the NEV purch

[SMM Aluminum Express News] Mozambique's government is committed to keeping the Mozal aluminium smelter (operated by South32) fully operational amid ongoing power supply challenges. Mineral Resources and Energy Minister Estevão Pale stated on Monday that authorities are pursuing multiple solutions, including securing long-term electricity contracts, optimizing tariffs, and ensuring uninterrupted power supply. Recent regional energy constraints and contract expirations have raised concerns about potential closure or reduced output.