China's May 2026 Aluminum Foil Exports Up 4% MoM, Down 2% YoY

US President Trump Donald posted on a social media platform that Iran has made clear to the US that vessels currently navigating through the Strait of Hormuz “need not pay tolls, insurance fees, nor will they face any other form of charges.” Meanwhile, Trump Donald threatened that if the information was false, the US would immediately terminate the relevant negotiations. In addition, regarding the temporary cancellation of the signing arrangement for the bill aimed at reducing housing costs and increasing housing supply, Trump Donald stated that he would not sign the bill, claiming that he knew real estate better than anyone and that an interest rate cut was the key.

According to customs data, in May 2026, China's exports of aluminum plate/sheet and strip totaled 319,900 mt, down 2% MoM and up 15% YoY.

Recently, Yongjie New Materials announced that the transfer of the underlying assets in its major asset restructuring, involving the cash acquisition of relevant assets from Arconic (China) Investment Co., Ltd., has been completed. The company now holds a 100% equity interest in Arconic (Qinhuangdao) Aluminum Industries Co., Ltd. and a 95% equity interest in Arconic (Kunshan) Aluminum Products Co., Ltd. As of the announcement date, Yongjie New Materials had paid a total of RMB 1.605 billion (equivalent to $236 million) into the regulatory account, of which RMB 247 million came from its own funds, RMB 257 million from the changed-use IPO proceeds, and RMB 1.1 billion from bank M&A loans.