[SMM Flash]

In H1 2026, the manganese industry chain displayed a pattern of "strength first, then weakness, consolidating at highs," with the core of the market revolving around a two-way tug-of-war between high cost support and weak end-use demand. In H2, the manganese market will feature "cost support, weak demand recovery, and prices drifting higher but relatively limited": the overseas manganese ore market will be more likely to rise than fall, with high port inventory capping gains; SiMn alloy, under production cuts, destocking, and cost support, will see its price center shift upward, though the rebound height will be constrained by the strength of downstream demand recovery and the extent of supply reduction.

[SMM Magnesium Express]Yesterday, Henan Dewei Co., Ltd. was intensifying performance testing and final approval for the second batch of magnesium alloy wheels supplied to Ford in the U.S. The company has independently developed and mastered the core patent for "one-time forward and reverse forging process of magnesium alloy automotive wheels," operating the only two mass production lines for magnesium alloy wheels globally. Its products have been certified by premium automakers such as Mercedes-Benz, BMW, and Porsche, making it the sole domestic magnesium alloy wheel manufacturer capable of mass supplying high-end automakers. With the continuous enhancement of magnesium alloy wheel mass production capabilities, the competitiveness of domestic lightweight components in the international market is expected to further improve.