EGA to Sell Alumina as Abu Dhabi Smelter Damaged by Iranian Attacks Faces Extended Shutdown

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Apr , 2026

[SMM Aluminum Express News] Assan Alüminyum has acquired an aluminum foil facility in West Virginia through Kibar Americas, marking its entry as a local producer in the United States. The move strengthens its global footprint and competitiveness, aligning with its strategy focused on sustainability, digitalization, and international expansion. Strategically, the investment reflects a shift toward localized production amid changing global trade dynamics, while enhancing its ability to serve North American customers. The facility will produce foil for automotive, HVAC, packaging, and industrial applications, supporting expansion into key end-use markets.

[Chery Group Exported Nearly 150,000 Vehicles in March] On April 2, Chery Group announced that, after becoming the first Chinese-branded automaker to surpass 6 million in cumulative exports in February, it exported 148,777 vehicles in March, up 72% YoY, setting a new record for monthly automobile exports from China; cumulative exports in Q1 reached 393,311 vehicles, up 53.9% YoY. As of then, Chery had exceeded 100,000 vehicle exports in a single month for 11 consecutive months.