Aleris Lands New Multi-Year Aluminium Deal with Boeing
Cleveland rolled aluminium firm Aleris International, Inc. revealed yesterday that it has come to a multi-year agreement with The Boeing...
In a move that will change the global rolled-aluminium landscape, rolled and recycled aluminium firm Novelis Inc. today agreed to the purchase of Atlanta’s rolled-aluminium firm Aleris for US$2.6 billion plus debt. The merger, which will create a firm with pro-forma revenues...
Cleveland rolled aluminium firm Aleris International, Inc. revealed yesterday that it has come to a multi-year agreement with The Boeing...
Cleveland rolled aluminium firm Aleris International, Inc. released results for 2017’s final quarter and full year yesterday. The firm’s bottom...
Hindalco Industries Ltd. has tendered an offer to buy Cleveland rolled aluminium firm Aleris International, Inc. for US$2.5 billion according...
Cleveland rolled aluminium firm Aleris International, Inc. announced on Tuesday that it has come to terms with Brazilian aerospace conglomerate Embraer S.A. on a multi-year deal to supply aluminium flat-rolled products for use across the entire spectrum of Embraer’s winged offerings. Few details were made public, but the deal in question is a renewal of […]
Cleveland rolled aluminium firm Aleris International, Inc. reported third-quarter results yesterday. Results were largely down due to lower production volumes which were, in turn, the result of planned production outages. The firm shipped 199 thousand metric tons in the quarter, down year-on-year from last year’s shipping total of 214 thousand metric tons. The firm chalked […]
Cleveland rolled aluminium firm Aleris International, Inc. yesterday announced the signing of a multi-year agreement with Montreal’s multinational aerospace and transportation company Bombardier Inc. Under the new contract, Aleris will be supplying Bombardier’s aircraft projects with a plethora of aluminium products, including high-strength and corrosion-resistant plate products. Aleris says this agreement places it among the […]
According to sources professing knowledge of the situation, last week’s expiration of acquisition talks between Aleris International, Inc. and China Zhongwang Holdings Limited has paved the way for the long-promised purchase pitch from Hindalco for the Cleveland aluminium extruder. Although talks between Aleris and Zhongwang lasted over a year and were extended several times, national-security […]
Over two dozen United States legislators signed a letter calling upon U.S. Treasury Secretary Steven Mnuchin to disallow the sale of value-added aluminium firm Aleris to the People’s Republic of China’s controversial aluminium titan China Zhongwang Holdings. The letter, which was distributed to Reuters yesterday, cited national security concerns as their grounds for objecting to […]
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 ...