China Launches Two Trade Barrier Probes Against US, Targeting Supply Chain and Green Product Measures

[SMM Flash News] SHFE data showed that as of March 27, the total registered volume of cast aluminum alloy warrants was 36,684 mt, down 2,351 mt from the previous trading day. By region, the total registered volume was Shanghai (2,272 mt, down 152 mt), Guangdong (15,748 mt, down 452 mt), Jiangsu (3,066 mt, down 332 mt), Zhejiang (10,727 mt, down 1,415 mt), Chongqing (3,634 mt, increase 0 mt), and Sichuan (1,237 mt, increase 0 mt).

Saudi Finance Minister, Mohammed Al-Jadaan, has cautioned that recent global supply chain disruptions are now exceeding the impact seen after the COVID-19 pandemic. He noted that ongoing geopolitical tensions could have wider economic consequences if they continue for an extended period of time. He pointed out that while oil markets often draw the most attention, the pressure is becoming more visible across key industrial sectors such as refined products, fertilisers, steel, aluminium and petrochemicals.

Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, securing an annual supply of 219 GWh in the period from 2031 to 2038. The contract will be delivered in the Norwegian electricity price area NO3 and will provide an aggregated supply of 1.75 TWh during the contract period.