SMM Ranking by Metal Price Increase (Weekly)2016.05.06

[SMM Aluminum Express News] President Prabowo Subianto has ordered Energy and Mineral Resources Minister Bahlil Lahadalia to immediately revoke all illegal mining permits (IUP). The directive was given during a Cabinet Working Meeting at the State Palace on Wednesday, April 8, 2026. Prabowo instructed Bahlil to act swiftly on reports of hundreds of unclear or illegal mining permits operating inside protected forests. He also asked Forestry Minister Raja Juli Anthoni about the current condition of protected forests and emphasized the need for immediate action on illegal IUPs found in the field.

[SMM Update] SHFE data showed that on April 8, the total registered cast aluminum alloy warrants stood at 31,062 mt, a decrease of 121 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,912 mt (unchanged), Guangdong 12,358 mt (unchanged), Jiangsu 3,541 mt (down 61 mt), Zhejiang 8,411 mt (down 60 mt), Chongqing 3,634 mt (unchanged), and Sichuan 1,206 mt (unchanged).

[CAAM: Import Value of Auto Parts Reached $1.47 Billion in February, Down 5.4% YoY] According to data from the General Administration of Customs compiled by CAAM, in February 2026, the import value of auto parts reached $1.47 billion, down 20.8% MoM and 5.4% YoY. From January to February 2026, the import value of auto parts was $3.32 billion, up 7.1% YoY.