News

[SMM Express] According to reports, following BMW's first adoption of the TURBU-DURCK die-casting process for mass-producing aluminum alloy wheels on the M5 model in 2025, Mercedes-Benz also introduced the TURBUDRUCK die-casting technology for mass-producing aluminum alloy wheels on its new S-Class model launched on January 29, 2026. Relying on an AI-supported software solution for autonomous regulation and using 100% recycled materials, the technology can produce popular and high-end wheel hubs under 24 inches. Through an economical dual-plate mold solution and die-casting machines with a clamping force ranging from 1,300 to 1,800 metric tons, the production of aluminum and magnesium alloy wheel hubs can be achieved.

[SMM News] According to reports, following BMW's first adoption of the TURBU-DURCK die-casting process for mass-producing aluminum alloy wheels on the M5 car model in 2025, Mercedes-Benz also introduced TURBUDRUCK die-casting technology for mass-producing aluminum alloy wheels on its new S-Class series launched on January 29, 2026. Relying on AI-supported software solutions for autonomous control and using 100% recycled materials, the technology can produce popular and high-end wheel hubs under 24 inches. Through a cost-effective dual-plate mold solution and die-casting machines with clamping forces ranging from 1,300 to 1,800 metric tons, it is possible to manufacture aluminum alloy and magnesium alloy wheel hubs.

[SMM Express] It is reported that recently, the construction of the Phase II production workshop of Wuhu Yongda Technology Co., Ltd., located in the Lindu Intelligent Connected Vehicle Science and Technology Park in Xuzhen Town, Nanling County, Wuhu City, Anhui Province, is accelerating. It is currently in the critical final stage of equipment debugging, preparing for full production commencement in February.

[SMM Express] On February 6, 2026, Minglida Chongqing New Industrial Park was officially inaugurated, aiming to establish a core production site for lightweight precision structural components for NEVs in south-west China, further enhancing the company's regional industrial layout. The NEV magnesium-aluminum alloy precision structural component production project, invested and constructed by Minglida in Tongliang, covers a total area of 258 mu and is being implemented in two phases. The project is operated and implemented by Minglida's wholly-owned subsidiary, Chongqing Minglida Technology Co., Ltd. The first phase, utilizing 116 mu of land, involved the construction of six standardized workshops, which have been completed and put into operation. The second phase officially commenced const

DI Dongil disclosed on the 11th that it plans to invest KRW 110 billion to build production facilities for carbon-coated aluminum foil used in LFP (lithium iron phosphate) batteries at its Cheongju aluminum plant, which is scheduled for completion this year. The investment will be carried out in phases from February this year through 2030, covering land acquisition, construction, and equipment installation. The investment amount for this year is set at KRW 20 billion.

On the 11th, executives of LG Energy Solution and L&F agreed to establish a cooperation framework related to LFP cathode materials for energy storage systems (ESS), marking a joint move into the LFP market.

During the week of February 6–12, the operating rate in the enamelled wire industry dropped 10.27 percentage points WoW to...

[SMM Aluminum Alloy Express] The operating rate of leading enterprises in the secondary aluminum industry fell sharply by 11.4 percentage points WoW this week. As the Chinese New Year holiday approached, secondary aluminum producers began shutting down furnaces and taking holidays starting from February 5. The scope of shutdowns continued to expand during the week, with large and medium-sized aluminum plants basically entering the holiday period around the 12th. Market shipments nearly came to a halt, and the industry's production pace slowed down significantly, with the operating rate quickly pulling back to a periodic low. It is expected that after the holiday, as enterprises gradually resume production, the operating rate will rebound noticeably. However, the initial recovery pace will

[SMM Aluminum Alloy Daily Report] SMM ADC12 price remained stable at 23,650 yuan/mt. Currently, upstream and downstream enterprises have entered the Chinese New Year holiday period one after another, most small and medium-sized secondary aluminum plants have shut down furnaces for the holiday, and large enterprises also arranged holidays starting today, with market shipments basically suspended. Against the backdrop of simultaneous cooling on both supply and demand sides, spot quotations and actual transactions significantly weakened, and the overall market entered a pre-holiday lull state.

The spot copper market in Shandong has entered the Chinese New Year holiday period. Downstream enterprises in the province have completed pre-holiday stockpiling based on orders and holiday arrangements. Coupled with tightening logistics capacity, overall market trading is sluggish. As of Thursday, the average spot premiums/discounts were reported at a discount of 270 yuan/mt.

Approaching the Chinese New Year holiday, new orders in the industry cooled significantly, and the production pace of enterprises continued to slow down. During the week of February 6–12, the operating rate of the enamelled wire industry fell 10.27 percentage points WoW to 73.53%, while new orders pulled back 19.12 percentage points WoW.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 Feb , 2026

[SMM Rare Earth Weekly Review: Rare Earth Market Prices Rose Significantly, but Actual Transactions Did Not Follow Up] Pr-Nd oxide market quotations remained high, with suppliers holding optimistic expectations for the future market and showing little willingness to sell at low prices. However, downstream buyers have gradually entered the holiday period, leading to a near halt in actual procurement. As of today, the price of Pr-Nd oxide has been adjusted to 845,000-855,000 yuan/mt.

[SMM Magnesium Weekly Review: Magnesium Market Remained Stable Pre-Holiday, Prices Steady in Major Production Areas, Overseas Inquiries Increased but Trading Remained Sluggish] This week, the domestic magnesium industry chain market operated steadily overall. As the Chinese New Year holiday approached, market trading activity gradually slowed, with participants generally adopting a wait-and-see attitude. The dolomite market remained stable overall; the suspension of production by top-tier enterprises in the Wutai region led to tight supply of high-quality resources, but other major production areas promptly compensated for the gap, ensuring stable supply. Steady operations at primary magnesium enterprises in Shaanxi, Shanxi, and Inner Mongolia generated rigid demand, coupled with rising pre-holiday freight costs pushing up expenses, supporting relatively strong prices. The magnesium ingot market held steady, as smelters in major production areas saw eased funding pressure and maintained firm offers, while downstream pre-holiday stockpiling concluded, resulting in sluggish spot trades. In the Tianjin Port FOB market, overseas new orders were scarce, mostly for forward delivery, with the Chinese New Year holiday impacting the progress of actual transactions. Magnesium powder enterprises slowed their production pace after completing raw material stockpiling, as both domestic and international procurement neared completion, leading to a cooling trading atmosphere. Magnesium alloy enterprises operated normally, but downstream die-casting and end-user companies gradually began holiday breaks, resulting in subdued orders. The tight supply-demand balance supported firm processing fees.