European Commission Approves Novelis Purchase of Aleris
Atlanta’s rolled and recycled aluminium firm Novelis Inc. said yesterday that its proposed acquisition of Aleris has been approved by...
Novelis Inc.
Novelis Receives Final Regulatory Approval For Aleris Purchase From Chinese Regulators
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...
Novelis Strikes Back At Anti-Competition Claims Raised By DOJ In Lawsuit Over Aleris Purchase
Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday took to the court of public opinion its defense of a...
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...
Events
Novelis To Partner With Georgia Tech On Innovation Hub
Atlanta’s rolled and recycled aluminium firm Novelis Inc. and the Georgia Institute of Technology (Georgia Tech) announced earlier this week a US$2.5 million project to establish the Novelis Innovation Hub at Georgia Tech to support research and other educational pursuits that connect Novelis’ experts with the faculty and students at Georgia Tech. Novelis says the […]
Novelis Record Financial Performance Shines Amid Dim Results For Hindalco In FY ‘20’s First Quarter
Indian metals firm Hindalco reported results for the first quarter of fiscal year 2020 last week. Though the market presented the firm a challenge in the quarter, Hindalco says stable operational performance carried it through. In the first quarter Hindalco’s consolidated EBITDA fell by 13 percent, from ₹4,335 crore last year to ₹3,770 crore this […]
Novelis Shipments Rise By 4 Percent to 830 Kilotonnes In Latest Quarter
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the first quarter of fiscal year 2020 yesterday. Favorable market conditions helped propel the firm to a strong showing in the quarter. For the just-ended quarter Novelis reported net sales of US$2,925 million, down on the year from last year’s first-quarter sales total of […]
Novelis Debuts New 25 Percent Stronger Automotive Aluminium Alloy
Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday the launch of a new aluminium alloy designed specifically for automotive body sheet. The new alloy, christened Advanz 6HS-s650, is a 6xxx-series aluminium alloy that Novelis says surpasses the automotive industry’s standards for strength, lightweighting, formability, performance, and structural integrity. With a reported in-service strength […]
Novelis Reports 8-Percent Jump In Sales During FY 2019
Atlanta’s rolled and recycled aluminium firm Novelis Inc. released financial results for the final quarter and full year of fiscal 2019 yesterday. The firm reported some of the strongest financial gains of its history for the fiscal year. In the just-ended quarter Novelis sold US$3.084 billion in product, up slightly on the year from last […]
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
