June 13 SMM aluminum alloy ADC12 price market

[SMM Aluminum Express News] Danantara Indonesia, INA, and Chandra Asri Group signed a Conditional Share Subscription Agreement (CSSA) to fund the Chlor Alkali & Ethylene Dichloride (CA-EDC) plant in Cilegon, Banten. INA Acting CEO Eddy Porwanto Poo said the investment supports national priorities, partnering with Southeast Asia’s leading petrochemical player to expand strategic raw materials, advance downstream industries, boost domestic value creation, and strengthen industrial resilience. The USD 800 million National Strategic Project (PSN) will increase local production of Caustic Soda and EDC, cut import reliance, and enhance supply resilience. Danantara and INA will jointly invest USD 200 million, with operations starting in 2027.

On Tuesday, March 3rd, Norsk Hydro stated that QatarEnergy has issued a declaration suspending the production of certain downstream products within Qatar, including urea, polymers, methanol, and aluminum.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 04 Mar , 2026