sheet aluminium

US Commerce Department Levies Preliminary Antidumping Duties On Aluminium Sheet From 18 Countries

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 of common aluminium alloy sheet from 18 countries have been dumped on the American market, finding support for such harm and instructing...

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 […]