Hot News

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  High Copper Prices Suppress End-Use Demand, Wire and Cable Enterprises Face Significant Challenges in Resuming Production [SMM Weekly Review of the Wire and Cable Market]

• China Aluminum Market Weekly Report (20250220)

  The Details of Aluminum Market Hot Topics This Week, 2025.2.17-2025.2.20, Are as Follows...

• [SMM Analysis] Acceleration in Optimization of New Energy Consumption Environment: Three-Year Action Plan Unleashes Structural Opportunities

  [SMM Analysis] On February 19, the "Three-Year Action Plan for Optimizing the Consumption Environment (2025-2027)" (hereinafter referred to as the "Plan"), jointly issued by five departments including the State Administration for Market Regulation, was officially implemented. As a programmatic document coordinating the expansion of domestic demand and the improvement of people's livelihood, the Plan explicitly proposes systematically optimizing the consumption environment through five major actions and 19 tasks. Several of its provisions directly address the long-term development challenges of the NEV industry chain and may have a profound impact on the industry's structure.

• Aluminum Downstream Consumption Shows Divergent Recovery Trend with High Aluminum Prices Suppression and Policy Support Coexisting [SMM Downstream Weekly Survey]

  [SMM Weekly Survey on Aluminum Downstream: Divergent Recovery in Aluminum Downstream Consumption Amid High Aluminum Prices and Policy Support] This week, the operating rate of leading domestic aluminum downstream processing enterprises continued its upward trend, but the growth slowed compared to the previous two weeks, up 0.8 percentage points WoW to 61.6%.

• [SMM Analysis] MIIT Releases Car Models Eligible for Purchase Tax Reduction and Exemption

  [SMM Analysis] On February 17, the Ministry of Industry and Information Technology (MIIT) announced the permitted "Producers and Products of Road Motor Vehicles" (Batch 391), as well as the "Catalog of NEV Models Enjoying Energy-Saving and NEV Vehicle and Vessel Tax Reduction and Exemption Benefits" (Batch 70) approved by the State Taxation Administration, and the "Catalog of NEV Models Eligible for Vehicle Purchase Tax Reduction and Exemption" (Batch 14).