This week, the weekly operating rate of leading downstream aluminum processing enterprises in China was flat MoM at 64.7%. such as can stock, energy storage, and automobiles. However, aluminum prices fluctuated at highs, exports to the Middle East were impeded, and some end-use consumption recovered less than expected, limiting upside room for the operating rate. The industry exhibited the characteristics of “steady with progress and structural divergence.”

Recently, the State Grid New Energy Cloud published the results of the unified competitive bidding for mechanism electricity prices in Zhejiang Province for 2026. The PV mechanism electricity price was 0.3816 yuan/kWh, with the shortlisted mechanism electricity volume totaling 4.29 billion kWh and 31,024 shortlisted projects. The vast majority of the projects were distributed PV projects, with only 24 centralized PV projects shortlisted.

[SMM Coking Coal and Coke Daily Brief] In terms of supply, coking costs declined somewhat, coke enterprise profits saw some recovery, production remained relatively stable, and downstream demand for coke was strong, with coke inventory at coke enterprises staying at low levels. Demand side, steel mill hot metal production increased slightly, demand for coke was strong, and some steel mills had relatively low coke inventory levels, with urgent procurement requests for coke. In summary, coke fundamentals were in a tight balance, the short-term coke market was expected to hold up well and remain generally stable with slight rise, and regarding the second round of coke price increase, coke and steel enterprises were still in a standoff.

1. Procurement Conditions The purchaser of this procurement project for copper cathode plates (AGGZLZHHD260413281308) is the Raw Material Division of the Procurement Department of Ansteel Lianzhong (Guangzhou) Stainless Steel Co., Ltd. The project funds are self-raised. The project has met the procurement conditions, and an open single-round negotiation is now being conducted. 2. Project Overview and Procurement Scope 2.1 Project name: Copper cathode plates 2.2 In case of procurement failure, the procurement method shall be changed to: direct procurement 2.3 For details of the procurement content, scope, and scale of this project, please refer to the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Joint venture bidding is not permitted for this procurement. 3.2 This procurement requires bidders to possess the following qualification requirements: Please refer to the attachments (if necessary) 3.3 This procurement requires bidders to meet the following registered capital requirements: Registered capital: 500 (10,000 yuan) and above 3.4 This procurement requires bidders to possess the following performance requirements: Please refer to the attachments (if necessary) 3.5 This procurement requires bidders to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: Please refer to the attachments (if necessary) Capability requirements: Please refer to the attachments (if necessary) Other requirements: Please refer to the attachments 3.6 For projects that are required by law to undergo tender and bid, bids submitted by persons subject to enforcement for breach of trust shall be invalid. 4. Obtaining the Procurement Documents 4.1 All parties interested in bidding are requested to log in to the Ansteel Smart Tender and Bid Platform at http://bid.ansteel.cn to download the electronic procurement documents from 17:00 on April 13, 2026 to 13:00 on April 17, 2026 (Beijing time, the same hereinafter). Click to view tender details:

SMM, April 14: According to information gathered by SMM, Jiyuan Wanyang Smelting Group Co., Ltd. today began a public tender for 15 mt of tellurium ingots under its ownership. Official information showed that the quality requirements and technical standards for this batch of tellurium ingots must comply with the Te99.99 and Te99.95 standards specified in the Non-ferrous Metals Industry Standard of the People's Republic of China YS/T222-2010. The total tender quantity was approximately 15 mt (with a minimum bid quantity of no less than 1 mt per batch), subject to actual weighed quantity. Storage location: factory warehouse. Packaging method: as per the supplier's requirements (generally boxed). The tender document for this batch of bismuth ingots can be obtained starting April 14, 2026, and will be sent electronically via WeChat. Bidding period: from April 14, 2026 to 10:00 on April 17, 2026. Submission of bidding documents: electronic bidding documents should be sent to the email wyjtxs@163.com (the subject line of the electronic bidding document should be: bidding company name + bidding product name). Contact information: person in charge Lu Xingyu, phone number 15138852838. Bid bond: RMB 50,000 yuan (by telegraphic transfer). The bid opening time for this bismuth ingot tender is 10:00 on April 17, 2026. A reserve price has been set for this tender, with the Te99.99 price not to be lower than 750,000 yuan/mt. The required quantity will be allocated starting from the first-ranked bidder; if the first-ranked bidder does not purchase the full quantity, the remaining volume will be purchased by the second-ranked bidder, and so on until the full quantity is purchased. The ex-factory unit price for the first-ranked bidder shall be based on the highest winning bid price, while the ex-factory unit price for the remaining volume shall be negotiated separately. To protect the interests of the tendering party, the tendering party reserves the right to select or reject any or all bids before awarding the contract, without providing any explanation for its actions. Bidding companies must carefully submit their bid prices based on actual conditions (the bid price submission method must comply with the tender documents). Bidding companies should be available to respond to inquiries from the tendering party at any time.

SMM, April 13 - According to official information from Baiyin Nonferrous Group Co., the company plans to sell 33 tons of crude selenium, with the pricing based on a bidding process for premiums and discounts. The base discount is set at 4,000 yuan per ton. The auction will proceed only if at least three bidders register. The registration deadline is 5:00 PM on April 15, 2026. The bidding will commence at 3:00 PM on April 16, 2026. Given the strong transaction prices recently seen in crude selenium tenders, market participants expect promising results from this premium-based auction.

SMM April 13: According to official information from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 mt of crude selenium, with pricing based on competitive bidding on premiums. The discount floor price is 4,000 yuan/mt, and a minimum of three registered bidders is required for the auction to proceed. The registration deadline is 17:00 on April 15, 2026. The bidding starts at 15:00 on April 16, 2026. As recent tender prices for crude selenium in the market have seen favorable transactions with relatively high transaction prices, market participants expect the results of this premium auction to be noteworthy.

India added a record 44.6 GW of solar and 6 GW of wind capacity in fiscal year 2026, representing year-on-year increases of 87.2% and 45.6%, respectively, according to JMK Research. As of March 31, 2026, India's total renewable energy capacity reached 275 GW, with solar accounting for 55% (150.26 GW). The surge was primarily driven by the commissioning of projects under the MNRE’s 50 GW annual bidding trajectory and the acceleration of projects ahead of the June 2025 ISTS waiver deadline. Additionally, the PM Surya Ghar scheme significantly boosted residential rooftop adoption, with Maharashtra and Gujarat leading the state-level installations across various solar segments.

On April 10, two residential land parcels were offered for sale in Hangzhou, both ultimately sold at premiums exceeding 20%, with a total transaction value of 1.492 billion yuan. The Xihu District parcel went through 73 rounds of bidding and was won by Binjiang Group at a total price of 963 million yuan, with a transaction floor price of 19,129 yuan/㎡ and a premium rate of 59.67%. The Linping District parcel went through 21 rounds of bidding and was won by Greentown at a total price of 529 million yuan, with a transaction floor price of 12,950 yuan/㎡ and a premium rate of 23.33%.

‌SMM April 10 News‌: According to market information, Nandan Jilang Indium Co., Ltd. planned to sell ‌crude indium ingots‌ (Indium ≥99.00%) on April 10, with a quantity of approximately ‌1,000 kg‌, conforming to standard ‌YS/T 1163-2016 "Crude Indium"‌. ‌Delivery location‌: The company's warehouse in Chehe Town Industrial Park, Nandan County, Hechi City. ‌Loading and weighing‌ are handled by the seller; ‌freight costs‌ are borne by the buyer. ‌Bidding deadline‌: Before ‌16:00 on April 10, 2026‌; submissions after this time will be invalid.