Ball Corporation Plans New Aluminium Beverage Can Plant For Bowling Green, Kentucky
Colorado’s Ball Corporation announced earlier this week its plans to construct a new aluminum end manufacturing facility in Kentucky. The...
sheet aluminium
Globitas Purchases Aluminium Wholesaler HEGO For An Undisclosed Sum
Earlier this month Netherlands independent investor Globitas took title to compatriot aluminium and steel wholesaler HEGO NL for an undisclosed sum. HEGO said in a press release that the move was done to focus on innovation, digitization, and new business models. Neither...
US Commerce Department Levies Preliminary Antidumping Duties On Aluminium Sheet From 18 Countries
On Friday the U.S. Department of Commerce issued its preliminary determination on a complaint by domestic aluminium producers that imports...
Aleris Belgium Aluminium Rolling Mill Wins ASI Certification
Aleris Aluminum Duffel BVBA, one of Europe’s biggest aluminium rolling plants, is now certified against the Aluminium Stewardship Initiative’s (ASI)...
Events
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 […]
State and Federal Lawmakers In Attendance for Groundbreaking of Novelis Automotive Aluminium Plant in SW Kentucky
Atlanta’s rolled and recycled aluminium firm Novelis Inc. played host to an august body of dignitaries on Monday as it broke ground on its new US$305 million automotive aluminium sheet manufacturing plant in Guthrie, Kentucky. The 400,000 ft2 will be the site at which Novelis will house around US$60 million in capital investments, including heat […]
Alcoa Inks US$470 MM Multi-Year Contract with Embraer
American aluminium producer Alcoa announced yesterday that it has signed a multi-year agreement with Brazilian aerospace conglomerate Embraer S.A. According to the press release, the contract will be worth about US$470 million. The new agreement will have Alcoa providing Embraer with aluminium sheet and plate for the latter’s new E2 project. The E2 is the […]
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 […]
Novelis Reports 3Q 2016 Net Income of US$6MM
Atlanta’s Novelis disclosed in a press release today the firm’s net income was US$6 million for the third quarter of fiscal year 2016. Outside of tax-effected items, the firm reported net income of US$32 million in the third quarter of fiscal 2016. The firm reported US$54 million of net income in the third quarter of […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
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 ...
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 ...
