Novelis Records Record Production, Financial Results In July To September Quarter
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial results for the first quarter of fiscal year 2021 on...
Atlanta’s rolled aluminium firm Novelis reported financial and production results for the fourth quarter and full year of 2021 on Wednesday. For 2020s fourth quarter Novelis recorded a 186-percent jump in net income on the year to US$180 million. Net income from...
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial results for the first quarter of fiscal year 2021 on...
Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday announced the completion of the sale of its operations in Duffel,...
The Aluminium Stewardship Initiative (ASI) announced yesterday the certification of Aleris Alumnum Duffel against its Chain of Custody standard for...
The arbiter assigned to the dispute between the United States Department of Justice and Atlanta’s rolled and recycled aluminium firm Novelis Inc. determined Aleris must sell its plant in Lewisport, Kentucky to satisfy the department’s antitrust concerns in relation to Novelis’ buy-out. Earlier this week the arbitrator found that aluminium and steel are not of […]
Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Friday the receipt of approval from China’s State Administration for Market Regulation (SAMR) for its US$2.6 billion buy-out of Aleris Corporation. Per the firm, this is the final approval required for the purchase, as it has already received a sign-off on the transaction from the […]
Cleveland rolled aluminium firm Aleris International, Inc. reported results for the third quarter and first nine months of 2019 yesterday. The firm’s numbers were up nearly across the board thanks in large part to increased demand and a favorable product mix. In the third quarter the firm reported a net income of US$25 million, reversing […]
Atlanta’s rolled and recycled aluminium firm Novelis Inc. said yesterday that its proposed acquisition of Aleris has been approved by the European Commission. Per the firm, the approval is contingent upon Novelis’ sale of Aleris’ Duffel operations, which produce automotive aluminium and specialty aluminium products. Novelis says it is diligently working to find a new […]
Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday took to the court of public opinion its defense of a lawsuit against it filed by the United States Department of Justice challenging its attempted purchase of Cleveland rolled aluminium firm Aleris International, Inc. Novelis said in a press release that the DOJ’s suit to block […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...