Nanchang Aluminum Billet Prices Steady, Processing Fees Unchanged on September 4

On September 4, Wuxi aluminum billet Φ90 was quoted at RMB 24,640/t, with processing fee at RMB 280/t (flat from the previous trading day); Φ120 at RMB 24,550/t, with processing fee at RMB 190/t (flat); Φ178 at RMB 24,540/t, with processing fee at RMB 180/t (flat). SMM A00 aluminum spot stood at RMB 24,360/t.

On September 4, Foshan aluminum billet Φ90 was quoted at RMB 24,520/t, with processing fee at RMB 0/t (flat from the previous trading day); Φ120 at RMB 24,470/t, with processing fee at RMB -50/t (flat); Φ178 at RMB 24,470/t, with processing fee at RMB -50/t (flat). SMM A00 aluminum spot (Foshan) stood at RMB 24,520/t.

Zuxing New Materials released its investor relations activity record. The company regards markets outside China as an important growth engine and strategic direction. The confidence behind this strategy stems from the technical strength accumulated through years of deep cultivation in the industry—the company leads the formulation of industry standards and possesses the capability to mass-produce a full range of high-end aluminum pigment products. At the same time, as an integrated enterprise along the industry chain, the company independently supplies core raw materials such as fine spherical aluminum powder, effectively controlling costs while ensuring stable quality, thereby laying a solid supply chain foundation for expanding into markets outside China. In terms of market expansion pathways, the company adheres to the strategy of "first deepening its presence in mature markets, then breaking through in high-end markets," consolidating its existing client base in North America and Southeast Asia while gradually advancing into high-end coatings markets such as Europe.