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WoodMac: Iran conflict squeezes aluminum market, mining companies' profits under pressure

Wood Mackenzie warned on Wednesday that the Iranian conflict surrounding the Strait of Hormuz is beginning to have an impact on mining companies located far from the Persian Gulf. This natural resources consulting company pointed out in a new report that this conflict is hindering the transportation ...

May 30, 2026
The war in Iran has pushed up the price of aluminum, and Canada's exports have shifted from the United States to Europe.

After the United States imposed a 50% tariff on aluminum last year, Canada is now exporting more aluminum products to Europe in order to take advantage of the higher premiums in the local market. Analysts, traders and aluminum industry experts say that the war in Iran has led to a reduction in ...

May 30, 2026
Turkey issues final ruling on second sunset review of aluminum foil imports from China

On May 24th, the Turkish Ministry of Trade issued Announcement No. 2026/16, making the final ruling on the second sunset review of anti-dumping measures against aluminum foil from China with a thickness of ≤ 0.2 millimeters. It was decided to continue imposing an anti-dumping duty of 22% on Chinese ...

May 30, 2026
SGS awarded the ISO14064 and ISO14067 dual carbon verification certifications to Yuefeng Group.

Recently, the global authoritative certification institution SGS Tongbao Standard Technical Services Co., Ltd. officially awarded the certificate to Yuefeng Group. They issued the ISO14064 greenhouse gas verification certification to 19 main enterprises under the group, and also granted the ISO14067 ...

May 30, 2026
Yuefeng Aluminum has been successfully included in S&P Global's "Sustainable Development Yearbook (China Edition) 2026"

Recently, Yuefeng Aluminum Group Co., Ltd. was successfully included in S&P Global's "Sustainable Development Yearbook (China Edition) 2026". This recognition is a high-level affirmation from an international authoritative institution regarding the company's ESG governance level and green developmen...

May 30, 2026
The Middle East war has pushed up the price of aluminum, and the installation cost of the solar energy industry in the United States has soared by 20%.

Due to the war in Iran which has disrupted global aluminum supply, the installation costs for commercial solar energy customers in the United States are experiencing a sharp increase. Aluminum is the core material for key components such as tracks, clamps and supports in solar energy support systems...

May 30, 2026
German aluminum industry will continue to face pressure in 2026.

The industry organization, Aluminium Deutschland of Germany, stated that the industry requires better framework conditions to ensure production, employment and transformation in Germany. The association's report states that the overall production of aluminium in Germany has further declined, and 57% ...

May 30, 2026
Yuefeng New Materials' share issuance application has been approved by the Shenzhen Stock Exchange for review. The raised funds are planned to be used for the expansion of automotive lightweight aluminum profiles production.

On May 28th, Yuefeng New Materials announced that its application for issuing stocks to specific parties has been approved by the Listing Review Center of the Shenzhen Stock Exchange. Subsequently, it will be submitted to the China Securities Regulatory Commission for the registration process. It is ...

May 30, 2026
Saint Jean Automobile Company signed a joint research and development agreement for aluminum alloy materials with Yuefeng Alloy Group.

On May 20, 2026, the signing ceremony for the joint research and development of aluminum alloy materials between Saint Jean Automobile and Yuefeng Alloy Group was successfully held at the research institute of Yuefeng Group. Both parties officially signed a cooperation agreement, jointly launching ...

May 26, 2026
In the Gulf region, the daily average output of primary aluminum in April decreased by more than 4,000 tons compared with the previous month.

According to data from the International Aluminum Institute (IAI), aluminum production in the Gulf region in April was 38% lower than the pre-war level, and the organization warned that the situation would further deteriorate. The preliminary production data shows that in April 2026, the aluminum ...

May 26, 2026
Guinea will announce its measures for controlling the export of bauxite in June.

As the world's largest producer of bauxite, Guinea plans to announce relevant reform measures next month to control the export volume of this mineral used in the production of aluminum, as it is striving to increase the aluminum price. The output of bauxite in Guinea accounts for more than one third ...

May 26, 2026
Yuefeng Aluminum 1.4 Million Ton Green and Low-Carbon Energy Efficiency Enhancement Project for Electrolytic Aluminum Electrically Activated and Put into Production

On May 24, the 1.4 million ton green and low-carbon energy efficiency enhancement project for electrolytic aluminum by Yuefeng Aluminum, undertaken and constructed by Guizhou Construction Investment Group, was successfully electrified in one go. All operating indicators were excellent, the entire ...

May 26, 2026
Our country has made progress in the research and development of high-temperature-resistant, high-strength and high-modulus aluminum-based composite materials.

According to the news from the Institute of Metal Research of the Chinese Academy of Sciences, aluminum-based composite materials have become the core structural materials in the aerospace field due to their high specific strength and specific modulus. However, constrained by issues such as high...

May 26, 2026
The Indonesian Mining Association has called on the government to clearly define policies for the transformation of commodity exports.

According to foreign media reports, the Indonesian Mining Association (IMA) has called on the Indonesian government to provide clearer guidance on the transitional process of new export management rules covering strategic natural resource commodities, and has warned that uncertainty may disrupt ...

May 26, 2026
Yuefeng Aluminum Industry has been awarded the title of Advanced Intelligent Factory in Inner Mongolia Autonomous Region.

On May 21st, Yufeng Aluminum's green and low-carbon electrolytic aluminum intelligent factory was successfully included in the list of "Advanced-level Intelligent Factories to be Recognized in 2026". On May 21st, the Department of Industry and Information Technology of Inner Mongolia Autonomous ...

May 26, 2026
Yuefeng Aluminum Home Furnishings' new automated production line has officially gone into operation.

Recently, the new automated production equipment of Yuefeng Aluminum Home Furnishings has been fully installed and debugged, and has officially entered production and operation. Centering on the core category of aluminum alloy home furnishings, the company has comprehensively upgraded the entire ...

May 22, 2026

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