Recently, Jiangsu Kangtai Technology Co., Ltd. (hereinafter referred to as "Kangtai Technology") has achieved a technological breakthrough in the field of non-ferrous metal materials. Relying on the company's advanced high-speed continuous rolling production line, it has successfully rolled out a 15mm magnesium alloy round product. Through precise temperature field control and dynamic pass pressure adjustment, the product achieves efficient and high-precision forming with an out-of-roundness of ≤0.3mm. After 18 consecutive passes of hot rolling deformation, the magnesium alloy round product produced by Kangtai Technology features uniform and fine microstructure and high comprehensive performance. As an innovative achievement in lightweight solutions, the magnesium alloy round produced by Kangtai Technology can be widely used in 3C product structural components, NEV battery trays, and aerospace cabin interior decoration components. Currently, Kangtai Technology has mastered the core process of hot continuous rolling for three non-ferrous metal materials: titanium, magnesium, and aluminum. Kangtai Technology will continue to uphold the philosophy of "innovation-driven, quality-oriented," optimize process parameters, upgrade equipment, continuously reduce production costs, and simultaneously develop new-generation lightweight materials such as magnesium-lithium alloys, aiming to become a globally leading supplier of lightweight solutions for non-ferrous metals. Magnesium Industry Company Business Contact The 2025 Magnesium Industry Chain and Magnesium Market Forum is now open for registration Please contact: 13162929454 (Jiaxin Lu)

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Tesla's battery supplier, Japan's Panasonic Holdings, said on April 16 that the company is considering building a new battery plant in Oklahoma.

[SMM Analysis] This week, the prices of DC-side battery cabins remained stable. The average price of a 5MWh DC-side battery cabin was 0.43 yuan/Wh, while the average price of a 3.44/3.77MWh DC-side battery cabin was 0.438 yuan/Wh. Domestic ESS projects were generally producing according to demand, and the price fluctuations of DC-side battery cabins were relatively small.

Currently, the price of magnesium metal has continued to pull back and is significantly lower than that of aluminum, making its cost-performance advantage reappear and its functional value prominent. The innovative development achievements of magnesium and magnesium alloys are increasingly growing, and innovative application cases of magnesium alloys are continuously emerging. They are expected to usher in new opportunities for expanded applications, especially in areas such as lightweight transportation, intelligent manufacturing, green construction, electronics and telecommunications, solid-state ESS, and medical health, where there will be great opportunities to open up new application blue oceans. As a lightweight structural and functional material, magnesium metal will play an important role in promoting green, low-carbon, and high-quality development, demonstrating greater potential. At this critical moment and important period, the 2025 Magnesium Industry Chain and Magnesium Market Forum will continue to be held. We will continue to fully leverage the platform's advantages, summarize the experience of previous events, increase the promotion of this event, enhance the participation of related industry chain enterprises, and strive to achieve greater results. SMM and Shangmei Network cordially invite you to participate in the 2025 Magnesium Industry Chain and Magnesium Market Forum, which will be held from March 31 to April 2, 2025. Wenxi County Kangtai Metal Products Co., Ltd. will attend this conference in full force. We will keep pace with the times, aim for our goals, work hard, and move forward courageously! Click the registration form to sign up immediately. We look forward to meeting you at the conference. Wenxi County Kangtai Metal Products Co., Ltd. strives for excellence and perfection. Shanxi Kangtai Metal Products Co., Ltd. was established in May 2014 and moved to the Premium Steel Industrial Park of Wenxi Economic Development Zone in August 2021. It is a new industry producing magnesium-aluminum alloy new materials, adopting advanced production processes and energy-saving environmental protection equipment to produce magnesium alloys, sheets, rods, and other metal products for 3C, communication, high-speed rail, aerospace, military, and daily use fields, with products sold worldwide. To improve the company's industry chain, enhance market competitiveness and economic benefits, a total investment of 50 million yuan was made to build a magnesium alloy and magnesium alloy sheets and rods production line project. The construction includes production workshops, warehouses, office buildings, and other projects, with a construction area of about 7,000 m². One production line each for magnesium alloy, sheets, and rods was purchased and installed, with an annual production capacity of 15,000 mt of magnesium alloy, sheets, and rods, achieving sales revenue of 150 million yuan. Introduction to Magnesium Alloy AZ91D Product: • Composition: A stands for aluminum (Al), Z stands for zinc (Zn), 9 indicates an aluminum content of 9%, 1 indicates a zinc content of 1%, and D is the identification code. • Characteristics: Low density, about 1.8 g/cm³, only 2/3 of aluminum and 1/4 of iron; high specific strength, strength higher than aluminum alloy and steel; good corrosion resistance, significantly improved compared to pure magnesium; in addition, it has good vibration damping, excellent electromagnetic shielding, and good heat dissipation performance. • High specific strength and specific stiffness: Its specific strength is higher than that of aluminum alloy and steel, and its specific stiffness is comparable to that of aluminum alloy and steel, providing sufficient strength and stiffness while achieving lightweight, ensuring product performance. Introduction to Magnesium Alloy Rod Product: Product Specifications • The diameter specifications of magnesium alloy rods usually range from a few millimeters to tens of millimeters, commonly including 6mm, 8mm, 10mm, 12mm, 15mm, 20mm, 25mm, and 30mm. The length is generally from 1 meter to 6 meters, and can be customized according to customer needs. • Low density: Magnesium alloy is one of the lightest metal structural materials in practical applications, with a density of about 2/3 of aluminum and 1/4 of steel, effectively reducing the weight of components. • High specific strength and specific stiffness: It has a high strength-to-weight and stiffness-to-weight ratio, enabling lightweight design while ensuring structural strength and stability. • Good corrosion resistance: After appropriate surface treatment, magnesium alloy rods have good corrosion resistance and can adapt to various working environments. • Good vibration damping: It can effectively absorb and attenuate vibration energy, reducing vibration and noise, and improving the stability and comfort of equipment. • Strong machinability: Easy to cut, drill, and stamp, it can be made into various shapes and sizes of components to meet the needs of different application fields. Business Matching for Magnesium Industry Companies. The 2025 Magnesium Industry Chain and Magnesium Market Forum is now open for registration. Please contact: 13162929454 (Lu Jiaxin).

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On Thursday Eastern Time, Jeff Schmid, President of the Federal Reserve Bank of Kansas City, stated that he would continue to "fully focus" on inflation issues and the risks that new US tariffs could drive up prices and elevate public inflation expectations. "I intend to closely monitor the inflation outlook," Schmid said, noting that the US Fed is increasingly likely to need to balance inflation concerns with risks to the job market and economic growth. He stated: "We seem to be seeing a significant increase in upside risks around inflation, while downside risks to employment and economic growth prospects are also rising... Given the potential re-emergence of price pressures, I am unwilling to take any risks in maintaining the Fed's credibility on inflation." Regarding the impact of Trump's tariffs on US inflation, Schmid noted that while tariffs might theoretically only have a one-time effect on commodity prices without a more lasting impact on inflation, considering that the US has just emerged from the highest inflation in nearly 40 years and Trump is set to raise tariffs to historically high levels in international trade, the future trend of US inflation could exceed theoretical expectations. "In this environment, I am not very willing to take much comfort from theory," Schmid said. "Given the recent high inflation experience, I am concerned that further price increases could further elevate inflation expectations." Schmid was one of the first Fed officials to speak publicly after Trump announced on Wednesday the suspension of reciprocal tariffs on most countries. Although Trump's statement once prompted a significant rebound in US stock prices on Wednesday, the high tariffs on China remain in place, and market concerns about the US trade outlook have not dissipated. Trump's erratic use of the "tariff stick" has also prompted Fed officials to begin revising their views on the US outlook, making it more difficult to balance the two Fed goals of "stabilizing inflation" and "reducing unemployment."

In October 2024, Guinean customs authorities suspended bauxite exports from Guinea Alumina Corporation (GAC), a subsidiary of Emirates Global Aluminium (EGA), due to unresolved issues with the Guinean government, chiefly around concerns over GAC’s failure to progress on its commitment to build a domestic alumina refinery.