flat rolled aluminium products

Gränges Obtains Regulatory Green Light For Purchase Of Aluminium Konin

Gränges Obtains Regulatory Green Light For Purchase Of Aluminium Konin

Swedish rolled aluminium firm Gränges AB announced earlier this week that it has obtained clearance from the EU Commission to proceed with its purchase of Polish flat-rolled aluminium producer Aluminium Konin. Gränges first announced the sale last November, in which it will...

Events

Gränges Garners Award for Investor Relations

Sweden’s Gränges AB announced yesterday that it was declared the best Mid Cap Company in Stockholm independent analysis and consultancy company Regi’s annual ranking of publically-traded firms’ investor relation activities. According to the press release, among the twenty criteria used by Regi to make the determination included annual reports, websites, personal relationships, and trust held […]

UACJ to Invest US$488 MM in US, Thailand to Boost Rolled Aluminum Capacity

Japan’s aluminium firm UACJ announced this week that it is planning to spend US$488 million in the United States and the Kingdom of Thailand in order to boost its overseas rolled aluminium capacity by forty percent. According to the company’s projections, the capex project in question will boost overseas capacity to 700,000 metric tons, which […]

Novelis to Raise up to US$1.1 bln via Bond Issue

Rolled and recycled aluminium firm Novelis Inc. announced a bond issue yesterday intended to raise up to US$1.15 billion for refinancing debt. Novelis initially intended to use the funds to repurchase US$500 million of US$1.1 billion worth of notes due next year, but subsequently amended the offering to include the entirety of the outstanding notes. […]

Alro Lands Flat-Rolled Aluminium Supply Contract with Airbus

Romanian aluminium firm Alro SA announced on Friday that it had signed a contract with French aerospace company Airbus SAS. According to the press release from Alro, the multi-year agreement is for the firm to supply Airbus with flat-rolled aluminium products. No specific airframes were mentioned in the press release, nor was the value of […]

Novelis Turns In Strong Numbers for Q1

Atlanta’s rolled and recycled aluminium firm Novelis reported results for the first quarter of its 2017 financial year yesterday. The firm turned in a net income of US$24 million in the quarter, a vast improvement over the US$60 million loss it reported in the first quarter of the previous financial year. Excluding tax-effected special items, […]