Steve Fisher

Good Product Mix And Aluminium Price Recovery Boost Novelis Bottom Line In Latest Quarter

Good Product Mix And Aluminium Price Recovery Boost Novelis Bottom Line In Latest Quarter

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial and production results for the first quarter of fiscal 2019 yesterday. Numbers were up across the board thanks to an advantageous mix of product offerings and a rise in aluminium prices. The...

Events

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 […]

Constellium Agrees to Sale of Leased Assets At Sierre Plant to Novelis

Amsterdam rolled and extruded aluminium leader Constellium N.V. and Atlanta’s rolled and recycled aluminium firm Novelis Inc. both announced yesterday a plan for Constellium to sell a portion of its operations at Sierre in the Swiss Alps to Novelis for €200 million (US$250 million). The deal will have Constellium transferring ownership of the North Building […]

Novelis to Open US$300 MM Automotive Aluminium Sheet Plant in SW Kentucky

American rolled and recycled aluminium firm Novelis Inc. unveiled plans yesterday to construct and operate a 200-thousand-metric-tons-per-annum automotive aluminium sheet manufacturing facility in Guthrie, Kentucky. Per the firm’s press release, the US$300 million greenfield facility will feature heat treatment and pre-treatment lines for use in producing aluminium sheet for subsequent molding into such automotive parts […]

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 […]