Kunming High-Tech Zone Signs RMB 10M Deal for Copper and Aluminum Wire Production Project

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Aug , 2026

[SMM Aluminum Express News] Hydro will supply General Motors with Hydro CIRCAL high-recycled aluminum for the front bumper system of the 2026 Cadillac OPTIQ, marking one of the first structural, safety-critical automotive applications of the material in the United States. The aluminum contains at least 75% post-consumer scrap and has a carbon footprint of 1.5 kg CO₂e per kg of aluminum or lower, representing an estimated 70% reduction compared with the North American average for primary aluminum production. Hydro will produce the recycled aluminum at its Cassopolis, Michigan recycling facility, while Shape Corp. will engineer and assemble the bumper system for General Motors. The partnership supports GM's efforts to increase material circularity, reduce embedded carbon emissions and strengthen domestic aluminum supply chains by using locally sourced recycled aluminum.

[SMM Aluminum Express News] Vedanta Aluminium has secured a ₹13,500 crore (approximately US$1.6 billion) syndicated bank loan to refinance debt inherited following the group's demerger, strengthening the company's long-term capital structure. The loan carries tenors of 6.5 to 7 years with interest rates of 7.9%–8.0%, and was arranged by a consortium of lenders including Axis Bank, HDFC Bank and ICICI Bank. The refinancing follows Vedanta Aluminium's separation into an independently listed company and is intended to replace existing debt transferred under the demerger, rather than fund new capital expenditure. The transaction is expected to improve the maturity profile of the company's borrowings while supporting its standalone operations after the restructuring.