CPCA: Passenger Vehicle Prices Rose to 184,000 Yuan in 2024, Dropped in 2025, and Rebounded in 2026

According to Alba’s official website on March 15, Alba has initiated a controlled and safe shutdown of Production Lines 1, 2, and 3, involving capacity equivalent to 19% of its total capacity of 1.623 million mt, with the aim of optimizing the utilization of Alba’s existing raw material inventory and prioritizing the operational stability of Production Lines 4, 5, and 6.

[SMM Aluminum Express News] Indonesia's Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, held a bilateral meeting with Japan's Minister of Economy, Trade and Industry (METI), Ryosei Akazawa, on the sidelines of the Indo Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo, Japan, March 15, 2026. A key outcome was the signing of a Memorandum of Cooperation in two strategic areas: 1. Critical minerals (focusing on secure, sustainable supply chains for nickel, bauxite, lithium, rare earths, and others essential for batteries, EVs, and green tech). 2. Nuclear energy (covering technology transfer, human resource development, safety standards, regulatory alignment, and potential collaboration on small modular reactors or other advanced nuclear solutions).

[SMM Flash] Today, inventory of secondary aluminum alloy ingots in China’s major consumption hubs increased by 677 mt WoW from last Monday, with the inventory buildup mainly concentrated in Foshan and Ningbo.