Aleris Belgium Aluminium Rolling Mill Wins ASI Certification
Aleris Aluminum Duffel BVBA, one of Europe’s biggest aluminium rolling plants, is now certified against the Aluminium Stewardship Initiative’s (ASI)...
Aleris
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...
Aleris Reports Record Adjusted EBITDA Of US$108 Million In Q2
Cleveland rolled aluminium firm Aleris International, Inc. reported results for the second quarter and first half of 2019 yesterday, delivering...
Aleris Reports Record Adjusted EBITDA Of US$85 Million In Q1
Cleveland rolled aluminium firm Aleris International, Inc. reported results for the first quarter on Wednesday. Though shipments rose over the...
Events
EU Regulators Launch Anti-Trust Investigation Into Novelis’ Purchase Of Aleris
Anti-trust regulators in the European Union said yesterday that they had opened an investigation into the proposed US$2.6 billion purchase of Atlanta’s rolled-aluminium firm Aleris by rolled and recycled aluminium firm Novelis Inc. In comments made by Europe’s antitrust chief Margrethe Vestager, the regulators’ intent was to ensure competitiveness in the value-added aluminium market. “Our […]
Aleris Turns In Record Numbers For Fourth Quarter And Full Year 2018
Cleveland rolled aluminium firm Aleris International, Inc. reported financial and operating results for the fourth quarter and full year of 2018 yesterday. An uptick in demand and a favorable metal environment in North America helped propel most of the firm’s numbers past those of preceding periods. The fourth quarter saw Aleris ship 203 metric tons […]
Aluminium Price Lag Tempers Aleris’ Bottom-Line Losses In Third Quarter
Cleveland rolled aluminium firm Aleris International, Inc. released results for the third quarter of 2018 yesterday. Numbers were up across the board thanks in large part to a jump in shipments and a favorable metal spread in the quarter. In the just-ended quarter the firm shipped 225 thousand metric tons of product, up on the […]
Aleris Wins Performance Award From Airbus
Cleveland rolled aluminium firm Aleris International, Inc. announced yesterday that it is the recipient of Airbus SE’s “Industrial Performance” award for 2018. The award, which was given in recognition of Aleris’ outstanding performance in the field of Aerostructures and Materials, highlighted the firm’s record for delivery of quality products and for the close and robust […]
Aleris’ Revenue Jumps 16.6 Percent In Second Quarter
Cleveland rolled aluminium firm Aleris International, Inc. released second-quarter results yesterday. Though better margins and product mix improved earnings, a debt refinancing helped push the bottom line further into the red. In 2018’s second quarter, Aleris shipped 235 thousand metric tons of finished product, a rise year-on-year from last year’s second-quarter total shipment of 219 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
