Iran's Islamic Revolutionary Guard Corps (IRGC) have launched another wave of its retaliation campaign 'Operation True Promise 4', targeting U.S.-linked steel and aluminum facilities in the Middle East region, according to an IRGC statement released on April 2.

The European Commission (EC), the executive arm of the European Union (EU), has initiated an expiry review of anti-dumping (AD) measures on imports of aluminium extrusions originating from China, following a request from European Aluminium, according to a statement published by the EC on March 27.

Aluminum Corporation of China Limited (Chalco), China's leading state-owned aluminum producer, reported a 1.7% on-year increase in its operating revenue for the full year of 2025 at Yuan 241.1 billion ($35.1 billion), according to its latest annual results.

Despite warnings that a global economic slowdown may weigh on world aluminum demand, the impact of further disruptions to primary aluminum production in the Middle East is likely to offset any demand-side weakness, supporting global aluminum prices, according to a recent analytical report by Mysteel

The buildup of alumina stocks in China slowed during the March 20-26 week compared with previous weeks, mainly due to a drawdown in portside stockpiles.