Archive for August 2019

Sources Say European Commission Blessing Of Novelis Purchase Of Aleris Is Imminent

Sources Say European Commission Blessing Of Novelis Purchase Of Aleris Is Imminent

Sources say Atlanta’s rolled and recycled aluminium firm Novelis Inc. is on the verge of obtaining approval from the European Union for its US$2.6 billion offer to purchase Aleris. Reuters said anonymous sources claiming inside knowledge revealed to them on Thursday that...

Events

India Aluminium Producers Working On Scrap Standards To Stem Rising Tide Of Imports

India’s aluminium producers are teaming up with planning think-tank Niti Aayog and the Bureau of Indian Standards (BIS) to retool the country’s standards for scrap aluminium usage in order to contain the rising tide of imported scrap aluminium and what stakeholders consider to be odd usages of it. Prompted by trade tensions between the governments […]

China Zhongwang Reports 38.3 Percent Jump In Revenue During 2019’s Opening Half

Chinese aluminium extruder China Zhongwang released results for the first six months of 2019 late last week. The firm’s first-half numbers rose across the board thanks to a focus upon value-added aluminium products. In the opening half of 2019 Zhongwang reported a 63.7-percent rise in sales volumes on the year, from 325,096 metric tons to […]