SMM, March 23: According to market sources, Nandan County Jilang Indium Co., Ltd. is expected to offer crude indium ingots for external sale on the 23rd of this month, with indium purity ≥99.00%, approximately 1,000 kg, subject to YS/T 1163-2016 Crude Indium. Delivery location: the warehouse of Nandan County Jilang Indium Co., Ltd. (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighbridge measurement, and the freight shall be borne by the buyer. The bidding deadline is before 16:00 on March 23, 2026, after which it will be invalid.

SMM March 23: According to market sources, Nandan County Jilang Indium Industry Co., Ltd. plans to sell crude indium ingots externally on March 23. The product has an indium purity of ≥99.00% and a total weight of approximately 1,000 kg, complying with the standard YS/T 1163-2016 "Crude Indium". Delivery location: Warehouse of Nandan County Jilang Indium Industry Co., Ltd. (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighing, while the buyer bears the freight costs. The bidding deadline is before 16:00 on March 23, 2026; bids submitted after this time will be invalid.

Jan-Feb 2026 China magnesium exports reached 72.7kt, up 3.4kt YoY. Magnesium alloy led with +33.1% YoY, orders booked through April. Magnesium ingot fell 6.8% due to weak European demand, while powder grew 10.3%. However, US-Israel conflict disrupted Middle East aluminum plants, halting regional magnesium orders and pressuring Q2 outlook despite the strong start.

SMM March 20 News: Based on comprehensive information from multiple market sources, the 1 ton of crude indium tendered by Nandan County Jilang Indium Industry yesterday was successfully transacted, according to reports. However, officials are currently unwilling to disclose the specific transaction price.

According to data from the General Administration of Customs, China’s copper plate/sheet and strip exports were 13,233.73 mt in January 2026, up 30.59% MoM and up 27.53% YoY; in February, exports were 8,395.28 mt, down 36.56% MoM and up 11.87% YoY. In January-February, China’s cumulative copper plate/sheet and strip exports reached 21,629.01 mt, up 20.96% YoY cumulatively. In January-February 2026, China’s copper plate/sheet and strip exports rose 20.96% YoY, maintaining overall steady growth, with exports covering 120 countries and regions. In terms of export pattern, Vietnam and South Korea ranked first and second, with export volumes of 2,549 mt and 2,542 mt, up 13.6% YoY and 42.5% YoY, respectively. India maintained steady growth and ranked third with exports of 1,898 mt, with the YoY growth rate reaching 29.6%; Taiwan, China and Japan followed, with export volumes of 1,864 mt and 1,375 mt, respectively. Among them, Taiwan, China was up 5.4% YoY, while Japan was the only major destination market to post a YoY decline, down 16.7%. In terms of growth rates, emerging markets were particularly outstanding: Mexico’s YoY growth rate reached as high as 149.0%, with exports surging from 304 mt to 757 mt, making it the most prominent growth market. Malaysia, Thailand, and Germany also performed strongly, with YoY growth rates of 47.0%, 47.2%, and 44.6%, respectively, all achieving growth of more than 40%. The structure of China’s copper plate/sheet and strip export trade modes continued the characteristics seen in the previous period. Customs data showed that in January-February, processing trade with imported materials remained the core export mode, with exports of 14,335 mt, accounting for 66.3% and firmly maintaining its dominant position; Processing and Assembling exports were 3,655 mt, accounting for 16.9%; Ordinary Trade exports were 2,182 mt, accounting for 10.1%; and other trade modes totaled 1,458 mt, accounting for 6.7%. In terms of detailed product structure, in January-February 2026, China’s copper plate/sheet and strip exports were still dominated by copper strip, with exports of 14,151 mt, accounting for 65% and up 23.8% YoY, serving as the core driver boosting overall exports. Bronze strip performed strongly, with a YoY growth rate of 34.8%, the fastest among major categories; cupronickel strip, brass strip, and other categories also achieved YoY growth, with the overall structure remaining stable and growth momentum abundant. (HS code 74091110,74091190,74091900,74092100,74092900,74093100,74093900,74094000,74099000)

SMM, March 19: According to market sources, Nandan County Jilang Indium Industry Co., Ltd. is expected to offer crude indium ingots for sale on March 19, with indium purity ≥99.00%, approximately 1,000 kg, in accordance with YS/T 1163-2016 Crude Indium. Delivery location: warehouse of Nandan County Jilang Indium Industry Co., Ltd. (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighing, and the freight shall be borne by the buyer. The bidding deadline is before 16:30 on March 19, 2026, and submissions after the deadline will be invalid. No specific transaction details had yet been reported in the market at present.

SMM March 19 News: According to market sources, Nandan County Jilang Indium Industry Co., Ltd. plans to sell crude indium ingots externally on the 19th of this month, with an indium content of ≥99.00%, totaling approximately 1,000 kilograms, in compliance with the implementation standard YS/T 1163-2016 "Crude Indium". The delivery location is at the warehouse of Nandan County Jilang Indium Industry Co., Ltd. (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighing, while the buyer bears the transportation costs. The deadline for bidding is before 16:30 on March 19, 2026, after which bids will be invalid. Currently, no specific transaction details have been reported in the market.

[SMM Analysis: China’s Aluminum Foil Exports Edged Down 0.74% YoY in January-February, Geopolitical Conflicts Disrupted the Middle East Trade Chain] According to customs data, China’s total aluminum foil exports in January-February 2026 (tariff codes 76071110, 76071120, 76071190, 76071900, 76072000) reached 214,800 mt, down 0.74% YoY from 2025, of which exports were 121,100 mt in January, up 2% YoY, and 93,700 mt in February, down 4% YoY.

[SMM Analysis]Analysis of Import and Export Data for Unwrought Aluminum Alloy, January-February 2026

Middle East tensions have sparked a massive steel trade "mismatch." Iran's blocked exports created a 2.3-million-ton billet vacuum in Southeast Asia, while the Red Sea crisis stalled China's flat steel shipments to the Gulf. Consequently, China and India are rapidly absorbing SEA's diverted billet orders. SMM projects that blocked flat steel returning to China's domestic market, combined with surging overseas billet demand, will accelerate the narrowing of the domestic HRC-rebar spread.