Weak SHFE Aluminum Hurts Buying Appetite in Spot Market, SMM Says

The Loudi Municipal Development and Reform Commission (NDRC) upheld the principle of "proactive service and targeted support," making every effort to ensure the smooth approval of the overseas investment filing for Hunan Hongwang's 120,000 mt aluminum project in Songea, Tanzania, empowering the enterprise to "go global" through professional services. High-level coordination to remove approval bottlenecks. After the project was launched, commission leaders led a team to the provincial NDRC for dedicated coordination, accurately grasping the filing requirements for non-sensitive projects under the Measures for the Administration of Overseas Investment by Enterprises, and efficiently clearing the key provincial-level approval hurdles. Dedicated personnel and positions to ensure compliant documentation. The business department implemented a "full-process agency" mechanism, providing upfront guidance to the enterprise in properly preparing the feasibility study report and the statement of funding sources. The submitted materials were well-structured and well-founded, earning recognition from the provincial NDRC and achieving zero errors in application and full compliance throughout the process. Extended services to facilitate industry synergy. During the service process, the commission also assisted the enterprise in clarifying the policy boundaries of China-Africa capacity cooperation, defining the compliant pathways for technology export and equipment export, and advancing the project from a "single-point investment" toward "industry chain synergy."

[La capacidad de aluminio fuera de China se recupera gradualmente; la ampliación de la reducción de existencias en China respalda el suelo del precio del aluminio] En general, se espera que los precios del aluminio se consoliden en niveles altos a corto plazo.

Medios extranjeros informaron el 17 de septiembre que los procesadores canadienses de productos de aluminio han lanzado una advertencia de que las últimas medidas arancelarias de Estados Unidos amenazan gravemente su supervivencia en el mercado estadounidense. La Casa Blanca publicó los últimos detalles de los aranceles comerciales el 8 de septiembre, cancelando algunos derechos de exención arancelaria para productos de aluminio e imponiendo un arancel adicional del 50% a los productos semielaborados de aluminio relacionados. Sumado al arancel base original del 50%, la tasa impositiva integral sobre algunos productos de aluminio canadienses importados a Estados Unidos ha escalado directamente al 100%. Esto significa que la competitividad de los productos manufacturados canadienses en el mercado estadounidense disminuirá significativamente, y sus ventas en Estados Unidos enfrentan el riesgo de desaparecer. Para los fabricantes canadienses que dependen en gran medida de los clientes estadounidenses, este cambio ya ha afectado directamente sus planes de exportación.