Steve Fisher

Trump Aluminium Tariffs Will Only Penalize Consumers: Novelis CEO

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...

Events

Novelis Posts Record Results in Latest Quarter

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the second quarter of their FY 2018 yesterday, boasting record numbers in several major financial categories. The firm reported net sales of US$2,794 million, up year-on-year from last year’s total of US$2,361 million. The rise in sales the firm credits to higher average aluminium […]

Novelis Sustainability Report Shows Firm is Well Ahead of Targets

Aluminium rolled and recycling firm Novelis, Inc. released its 2017 Sustainability Report yesterday. The firm boasted the achievement of several sustainability targets up to two years ahead of schedule. According to the report, Novelis increased the use of high-recycled metal content inputs by 55 percent and reduced water usage to 2.7 cubic meters per metric […]

Automotive Aluminium Sales Drive Up Q1 Numbers for Novelis

Rolled and recycled aluminium firm Novelis Inc. released results for the first quarter of fiscal year 2018 yesterday, buoyed by robust operational performance and continued gains in the automotive sector. The firm’s net sales totaled US$2.7 billion in the just-ended quarter, up from US$2.3 billion in the first quarter of FY 2017. Novelis credits a […]

Novelis Posts Record Gains in Fourth Quarter and Full Fiscal Year 2017

Aluminium rolling and recycling firm Novelis Inc. reported financial results for the fourth quarter and full fiscal year of 2017 yesterday. The firm posted increases across several major metrics in both periods thanks in part to improved aluminium prices and increased operational efficiencies. Novelis net sales rose by nine percent to US$2.6 billion over the […]

Strong Automotive Sheet Sales Buoy Novelis’ Third-Quarter Numbers

Atlanta’s rolled aluminium firm Novelis released results for the third quarter of fiscal year 2017 on Tuesday. The firm set records for the quarter in adjusted EBITDA and automotive sheet shipments. Novelis delivered a net income of US$63 million in the quarter, a jump year-on-year from last year’s US$6 million. Less tax-effected special items, third-quarter […]