On July 20, 2026, a delegation from Shanghai Metals Market Information Technology Co., Ltd. (SMM) visited Xingfa International (Vietnam) Co., Ltd. The delegation included:
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Logan Lu, CEO of SMM
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Cason Lou, Director of Aluminum Processing, Marketing Department
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Lexi Chen, Key Account Manager for Overseas Information Sales
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Khai Yuen Chin, Senior Overseas Aluminum Analyst
The delegation received a warm welcome from the management team and department heads at Xingfa Aluminum’s Vietnam base. The two sides held in-depth discussions on the development of an aluminum pricing mechanism in Vietnam, the establishment of international credibility, and coordinated growth across the aluminum industry.
Focusing on Vietnam Aluminum Pricing and Exploring a New Market Pricing Mechanism
During the meeting, the two sides conducted a detailed analysis of the current pricing landscape in Vietnam’s aluminum market. At present, Vietnam still lacks a locally developed aluminum price benchmark with broad international recognition and credibility.
SMM stated that establishing a Vietnam aluminum price reference system widely recognized by the international market would be a crucial step toward improving pricing transparency and facilitating cross-border trade. It will also be one of SMM’s key priorities in the coming period.
To support this initiative, SMM will conduct extensive research involving Xingfa Aluminum and other representative aluminum companies in Vietnam. SMM plans to officially launch the SMM Vietnam Aluminum Price and provide a detailed explanation of its pricing methodology at the SMM AICE 2026 Southeast Asia Aluminum Industry Conference, to be held in Ho Chi Minh City on November 19–20.
The two sides also exchanged views on emerging industry topics, including the supply-and-demand landscape for primary aluminum in Southeast Asia and the impact of the Carbon Border Adjustment Mechanism (CBAM) on the aluminum industry.
CBAM and international carbon certification, in particular, have become major areas of concern for the global aluminum sector. SMM will therefore organize a dedicated session at the conference and invite international experts to provide professional insights and analysis.
Deepening Engagement in Southeast Asia as SMM Accelerates Its Expansion in Vietnam
Since the beginning of this year, SMM has significantly accelerated the development of its pricing services in Southeast Asia.
Since July 3, 2026, SMM has introduced a series of new price assessments for 6063 aluminum billet processing fees in Southeast Asia, as well as CIF Southeast Asia aluminum premiums and discounts. Among them, the Vietnam 6063 non-homogenized aluminum billet processing fee and related price assessment have officially been launched.
In addition, the Vietnam Metals Recycling Association visited SMM’s headquarters on July 10. The two sides reached several cooperation agreements concerning services for the recycled metals industry chain.
Through continued local cooperation and the integration of international resources, SMM is providing more accurate and authoritative data support for the aluminum value chains in Vietnam and Southeast Asia.
During the visit to Xingfa Aluminum, the two sides reached a number of agreements on aluminum price data collection, market promotion, and the organization of industry events.
SMM stated that it would invite more international market participants—including representatives from the Middle East, Indonesia and Malaysia, as well as RUSAL and Australian primary aluminum smelters—to contribute to the development of Vietnam’s aluminum pricing system and promote greater regional market integration.
The visit further strengthened the strategic cooperation between SMM and Xingfa Aluminum while injecting new momentum into the standardization and internationalization of Vietnam’s aluminum pricing system.
Guangdong Xingfa Aluminum Co., Ltd.
Founded in 1984, Guangdong Xingfa Aluminum Co., Ltd. (“Xingfa Aluminum”) is one of China’s leading large-scale manufacturers specializing in aluminum extrusion products.
In 2011, Guangxin Holdings Group invested in Xingfa Aluminum, pioneering a mixed-ownership model combining state-owned and private capital in China’s aluminum extrusion industry. This marked the beginning of a new phase of sustainable expansion for the company.
Xingfa Aluminum currently operates nine major production bases. Its seven modern manufacturing bases in China are located in Sanshui, Foshan; Nanhai, Foshan; Foshan Precision Manufacturing Base; Yichun, Jiangxi; Chengdu, Sichuan; Qinyang, Henan; and Huzhou, Zhejiang. The company also operates overseas production bases in Australia and Vietnam.
With the initial formation of its global manufacturing network, Xingfa Aluminum continues to strengthen its advantages in production scale.
The company has consistently focused on the research and development, manufacturing, and sale of aluminum extrusion products, covering two core segments: architectural aluminum profiles and industrial aluminum profiles.
Architectural aluminum profiles remain one of Xingfa Aluminum’s traditional strengths, with its products widely used in high-end curtain walls, integrated door and window systems, and other building applications.
While consolidating its core business, the company has accelerated its expansion into the industrial aluminum profile market. It has developed a range of high-performance products, including battery trays and crash beams for new energy vehicles, as well as aluminum body structures for buses.
By strengthening its presence in key segments across the industrial value chain, Xingfa Aluminum’s products are now widely used in rail transit, new energy vehicles, photovoltaics, electronics, and other industries. The company is also extending its advanced aluminum processing technologies into emerging fields such as energy storage and computing infrastructure.
In recent years, Xingfa Aluminum has remained committed to strengthening its manufacturing capabilities. As a leading enterprise in Guangdong Province’s high-end aluminum extrusion industry chain, which has an output value of more than RMB 100 billion, the company has played an important role in driving industry development.
Xingfa Aluminum continues to focus on breakthroughs in key core technologies and promotes the advancement of its industrial and value chains toward the medium- and high-end markets.
The company has received numerous national honors, including National Manufacturing Single-Product Champion Enterprise, National Intellectual Property Demonstration Enterprise, National Technology Innovation Demonstration Enterprise, National Enterprise Technology Center, and National Green Factory.
In 2025, Xingfa Aluminum ranked 475th among China’s Top 500 Manufacturing Enterprises, 147th among Guangdong’s Top 500 Enterprises, and 32nd among Guangdong’s Top 500 Manufacturing Enterprises.
Join the Conversation at SMM AICE 2026
Connect with aluminum producers, processors, traders, manufacturers, certification organisations, industry associations and decision-makers from across Southeast Asia and the global market.
Explore aluminum pricing, primary aluminum supply, processing technologies, low-carbon development, CBAM compliance and new opportunities for regional cooperation.
Location: Ho Chi Minh City, Vietnam
Date: November 19–20, 2026
Register now: bit.ly/AICE26 and secure your Super Early Bird Pass and save up to USD 200. Register before August 31, 2026.
