Steve Fisher

Novelis Reports 8-Percent Jump In Sales During FY 2019

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...

Events

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 […]

Novelis to Invest US$180 MM in Automotive Aluminium Plant in Eastern China

In a bid to capitalize on the ever-expanding market for automotive aluminium, Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Wednesday that it will invest US$180 million in Jiangsu, China. Per the firm, the investment at its facility in Changzhou will involve the addition of a continuous annealing solution heat (CASH) treatment line, […]

Trump Aluminium Tariffs Will Only Penalize Consumers: Novelis CEO

America’s biggest buyer of aluminium joined the growing throng of voices in the aluminium community who have called into question the wisdom of U.S. President Donald Trump’s planned 10-percent bump in imports of the metal. Steve Fisher, CEO of Atlanta’s rolled and recycled aluminium leader Novelis Inc. told Financial Times earlier this week that a […]