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...
Steve Fisher
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...
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....
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...
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 […]
Rise in Aluminium Shipments Propel Novelis to Record Highs in Third Quarter of FY18
Atlanta’s rolled and recycled aluminium firm Novelis Inc. released results for the third quarter of fiscal year 2018 on Thursday. The firm set several financial records in the quarter, thanks in no small part to increased shipments and improved product offerings. The firm posted net sales in the quarter of US$3.085 billion, up 33 percent […]
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 […]
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 ...
