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

[Volvo Cars Will Cease Production of the EX30 in the US] Swedish automaker Volvo Cars said on March 16 that it would stop producing the small electric SUV EX30 and the EX30 crossover in the US later this year. Sales of these two car models in the US market will end after the 2026 model year, but the EX30 will continue to be sold in other markets, including Canada and Mexico.

[SMM Steel] Mexico's Ministry of Economy (SE) has initiated an administrative review of anti-dumping (AD) duties on prestressed steel imports from China, Spain, and Portugal. Current duties, including US$1.02/kg for Chinese imports, remain in effect to protect domestic production from potential injury.

【SMM Steel】The USDOC announced preliminary AD review results for light-walled rectangular pipe from Mexico (Aug 1, 2023 - Jul 31, 2024). Margins: 11.77% for Perfiles LM, 7.70% for Regiomontana de Perfiles y Tubos. Others, including Aceros Cuatro Caminos, Productos Laminados de Monterrey, Maquilacero, Tecnicas de Fluidos, and Ternium Mexico, got 9.66%. The review was rescinded for 12 other firms due to no reviewable entries.

[Mexico: Plans to Deploy 4.67 GW of Large-Scale PV by 2030] Mexican President Claudia Sheinbaum announced the 2025-2030 national power system expansion plan, which is expected to increase 13.02 GW of new generation capacity within six years. In the field of new energy generation, the plan includes nine PV projects with a total investment of $4.9 billion and a combined generation capacity of 4.67 GW. These projects are expected to come online between 2027 and 2028. (Polaris Solar PV Network)

Mexican President Claudia Sheinbaum has announced the country’s National Power System Expansion Plan for 2025-2030, aimed at adding 13.02 GW of new generation capacity over the next six years.

The President of Mexico proposed seeking to reduce tariffs on steel and aluminum semis.

【SMM News Flash】Fernando Aboitiz, Director of Mining at Mexico's Ministry of Economy, stated that since October 2024, the Mexican government has revoked 1,126 mining concessions, covering an area of 889,000 hectares. At the president’s regular morning press conference on Thursday, he noted that the concessions were revoked from individuals and enterprises due to their failure to pay mining rights maintenance fees and to submit statistical data or progress reports.

[Mexico Issues Final Ruling on Anti-Dumping Sunset Review of Cold-Rolled Steel Sheets from Russia and Kazakhstan] The Mexican Ministry of Economy issued an announcement, stating that it had made a final ruling on the fifth anti-dumping sunset review of cold-rolled steel sheets originating from Russia and Kazakhstan. It decided to maintain the existing anti-dumping duties unchanged, continuing to impose a 15% anti-dumping duty on the products involved from Russia and a 22% anti-dumping duty on the products involved from Kazakhstan. The measures took effect on June 30, 2024, and will remain valid for five years.

【Mexico Terminates Anti-Dumping Measures on Chinese Aluminum Foil】According to the Ministry of Commerce, on December 27, 2024, the Mexican Ministry of Economy announced in its official gazette the cancellation of anti-dumping measures on aluminum foil (Spanish: bobinas de papel aluminio) originating from China. The announcement stated that, as no domestic producer filed a sunset review investigation request within the stipulated time frame, it was decided to terminate the anti-dumping measures on the products involved from China starting December 28, 2024. The announcement takes effect from the date of publication. (Cailian Press)