Aleris Corporation

Zhongwang Deal Extended to Mid-September: Aleris Spokesperson

Zhongwang Deal Extended to Mid-September: Aleris Spokesperson

Aluminium extrusion giant China Zhongwang continues to have its sights set on Cleveland’s Aleris Corporation according to a spokesperson from the latter. According to an article published Friday, the merger agreement between Aleris and Zhongwang subsidiary Zhongwang USA has been extended to...

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Investments, Start-Up Costs Led to Brutal Q1 for Aleris

Cleveland’s rolled aluminium firm Aleris Corporation released first-quarter numbers yesterday. Though most figures remained steady compared to last year’s first quarter, start-up costs and losses on investments took its toll on the firm’s net profits in the quarter. The firm shipped 199 thousand metric tons in the quarter, down slightly from last year’s first-quarter total […]