Sean Stack

Aleris Posts Record Adjusted EBITDA Of US$25 Million In Q3

Aleris Posts Record Adjusted EBITDA Of US$25 Million In Q3

Cleveland rolled aluminium firm Aleris International, Inc. reported results for the third quarter and first nine months of 2019 yesterday. The firm’s numbers were up nearly across the board thanks in large part to increased demand and a favorable product mix. In...

-

Events

Aluminium Price Lag Tempers Aleris’ Bottom-Line Losses In Third Quarter

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

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

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 […]

-
Novelis Buys Aleris For US$2.6 Billion

Novelis Buys Aleris For US$2.6 Billion

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 of around US$15 billion, is expected to be concluded in 9 to 15 […]

-
Aleris Lands New Multi-Year Aluminium Deal with Boeing

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 Company to supply the aerospace firm with aluminium plate and sheet for a variety of its aircraft models. Specifics of the deal, including the term and financial details, were not released. However, Aleris confirmed that […]

-