rolled aluminium

Aleris Lands Long-Term Supplies Contract with Airbus

Aleris Lands Long-Term Supplies Contract with Airbus

Cleveland rolled and extruded aluminium firm Aleris announced yesterday that it has secured a long-term supply contract with French aerospace firm Airbus SAS. According to the press release, the multi-year contract will have Aleris supplying Airbus aluminium plate and sheet (including advance...

Events

Novelis Opens Third Automotive Aluminium Finishing Line in Upstate New York

Atlanta rolled aluminium firm Novelis Inc. commissioned its third automotive finishing line in Oswego, New York, yesterday. It is the result of the company’s US$120 million investment in turning out aluminium parts for Ford Motor Company’s F-150 light truck. “As a result of our investments across the globe, Novelis is able to offer our automotive customers […]

Novelis Expects Strong Aluminium Can Demand Thanks to Euro 2016

Europe’s premier association football event is expected to boost demand on the continent for aluminium, as fans of the participating countries are expected to consume larger quantities of beer and soft drinks over the course of the competition, explained the chief of the world’s largest rolled aluminium company. Novelis Inc. Chief Executive Steve Fisher told […]

Consteillium’s Q1 Numbers Down Slightly, But Automotive Sector Offers Hope

Amsterdam’s Constellium N.V. released financials for the first quarter of 2016 yesterday. As with much of the rest of the market, shipments were down slightly for the quarter, and profits for the quarter were thinner due to lower overall aluminium prices. In Q1, the firm shipped 362,000 metric tons, which is down 5% from 381,000 […]

Novelis Turns In Strong Q4 Numbers Thanks to Increased Automotive Offerings

Rolled-aluminium manufacturer Novelis released fourth quarter and FY2016 numbers yesterday. The firm netted US$29 million in Q4, but reported a net loss on the year of US$38 million. When tax-effected special items are taken out of the mix, Novelis’ Q4’s net was US$50 million, which is a 35% increase over 2015’s Q4. Removing the same […]

Hindalco’s Primary Aluminium Production Up 35% in Q3FY16

Mumbai’s Hindalco Industries Ltd. reported third quarter 2016 results in a press release on Tuesday. The firm’s reported revenues were down by five percent from the third quarter of 2015 on account of a drop in aluminium and copper prices. Hindalco’s increase in aluminium volumes and the firm’s emphasis on value addition helped to mitigate […]