Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Novelis has commissioned its third automotive finishing line in Oswego, New York, US. Installed to support the production of stronger, lighter and safer vehicles, the line represents Novelis' latest investment of $120 million to expand ...
Tags: Novelis, automotive finishing line
While Ford has made inroads into increased usage of aluminum sheet in its vehicles, it is still "too early" to expect additional steel-to-aluminum announcements from other major automakers such as Toyota and General Motors, Sean Stack, CEO ...
Tags: Ford, aluminum sheet, Steel
The US Department of Energy has given conditional commitment loan worth $259m to Alcoa to manufacture high strength aluminum for light weight vehicles. The loan will support the aluminum makers Tennessee manufacturing facility, where the ...
Tags: Alcoa, aluminum makers, Auto Parts
Novelis, a subsidiary of India-based Aditya Birla Group, has cast the first production-sized ingot at its €200m aluminum recycling and casting center in Nachterstedt, Germany. According to the company, the first production-sized ...
Tags: Aluminum Recycling, Novelis
US-based Red Hare Brewing has selected Novelis' evercan recyclable aluminum sheet for its craft beer packaging. The cans made of evercan aluminum sheet would reduce the company's environmental footprint, while preserving the freshness ...
Tags: Aluminum Can, Beer Packaging
January aluminum demand in the US and Canada -- measured as shipments by domestic producers plus imports -- totaled an estimated 2.018 billion lb, down 2.9% from January 2013, according to preliminary estimates from the Aluminum ...
Tags: semi-fabricated, aluminum, aluminum ingot
European market prices of the key grade of aluminum alloy, 226, slipped back by a further Eur10/mt ($14/mt) this week as buyers could take their pick of offers in a well-supplied market. "It's very calm. Last week there was a lot of ...
Tags: aluminum alloy, European market
Tianjin Xiqing economic development area and Kobe Steel mutually signed a contract to build the aluminum sheet plant for auto industry. The total investment is about RMB1.36 billion in producing high-end aluminum sheet for car usage. ...
Tags: steel, metallurgy
Flat rolled aluminum products are very important products in nowadays industry. They are being used widely in many different areas of life and production. The areas where these products are being used vary from automobile, construction, ...
Tags: Aluminum Sheet, Aluminum Coils
Alcoa has signed a multi-year supply agreement with Airbus valued at approximately US$110 million for value-added titanium and aluminum aerospace forgings. The agreement also includes several large aluminum forgings for the A330 and A380; ...
Tags: mineral, metallurgy
China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...
Tags: Overcapacity, China's Economy
Novelis, the world leader in aluminum rolling and recycling, today announced a price increase on its aluminum automotive sheet products in North America. The price increase of $0.11 per pound for 6000-series, 5182-series and 5000-series ...
Tags: Novelis, Aluminum Sheet
Aluminum rolling and recycling firm Novelis has completed the two-year expansion work worth $400m at its Yeongju and Ulsan aluminum rolling mills in South Korea. With the expansion of aluminum rolling mills, the company has increased its ...
Tags: Novelis, Aluminum Rolling Mills
Any form of construction ranging from heavy weight to weight requires the supply of aluminum and brass holdings to stand against corrosion and time. Over billion pounds of aluminum are used every year for construction purposes across the ...