Search

The article presents news briefs on metal industry. It informs that Novelis will make the acquisition of Aleris for an approximate price of $2.6 billion. Big River Steel will make an investment of $ 1.2 billion to double the capacity of its mill located in Osceola, Arkansas. And Steel Dynamics will make an acquisition of Kentucky Electric Steel.

The article announces that the research partnership between Novelis Inc. and Georgia Institute of Technology, Novelis Innovation Hub was expanded with focus on materials and process research with the goal of assisting Novelis in fulfilling its purpose of reaching a net zero carbon footprint by 2050.

The article offers North America metal industry news briefs as of September 2015. The death of John Correnti, chief executive officer (CEO) of Big River Steel. The net loss of 60 million dollars in first quarter and fall in EBITDA reported by aluminum firm Novelis. The acquisition of Quality Metalcraft Inc. by private investment firm The Watermill Group.

The article offers news briefs related to the U.S. metal industry. Topics discussed include plans of Steel Dynamics, Inc. to idle it's iron production facility, rise in net income of the Novelis Inc. for 2015 fiscal year and appointment of Justin Brewer as direct sales manager-fabrication at MC Machinery Systems, Inc.

The article focuses on the U.S. automobile industry's efforts to identify appropriate body material for manufacturing light vehicles to meet the U.S. fuel economy standards. Topics discussed include suggestions from several metal industries for vehicle material, possible increase in advanced high-strength steels (AHSS), several metal industries investing for automotive improvement such as Novelis Inc. and Alcoa Inc. and unwillingness of several metal processors to shift from steel to aluminum.

The article offers news briefs related to the metal industry as of March 1, 2015. The overall merger and acquisition activity in the metals sector has been declined, according to the research firm PwC US. The aluminum maker Novelis has reported rise in its net income in 2014. Kaiser Aluminum Corp. has reported decline in its net income during 2014.

The article reports on the increase revenue from adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for fiscal year 2016 of Atlanta, Georgia-based aluminum maker Novelis Inc. despite the decline in net sales due to lowered aluminum prices and shipments.

The article reports on the business analysis of several U.S.-based metal and steel companies in 2011. It informs that Olympic Steel Inc. acquired a net income of 25 million dollars through a net sale of 1.26 billion dollars in 2011 and gained 57 percent net profit due to the acquisition of Chicago Tube & Iron Co. It also reports on a net loss of 12 million dollars of Novelis Inc. during its fiscal third quarter of 2012 which was ended on December 31, 2011.

The article offers business news briefs as of December 1, 2018 such as the investment plan of Novelis Inc. for the expansion of its facility in South America and the installatin of a light gauge slitting line in the production plant of Dimensional Metals Inc.

The article discusses financial performance of Atlanta-based aluminum rolled products company Novelis Inc., which has reported a net loss of 13 million dollar in its second quarter.

The article informs that industrial aluminum company, Novelis Inc. has decided to invest multi-million U.S. dollars at its facility in Warren, Ohio; and presents views of Paul Nelson, the plant manager of Novelis Inc. on the same.

The article discusses a joint venture between aluminum company Novelis and steel manufacturer Kobe Steel to operate the Ulsan Aluminum facility in South Korea, which provides lightweight and high-strength aluminium for automotive, electronics and building materials in Asia.

The article reports the financial income of the Atlanta-based automotive parts company, Novelis Inc., including its full-year income, profits, and quarterly sales.

The article reports on the financial performance of Novelis Inc., the Atlanta, Georgia-based aluminum producer in which highlights include a net loss of $8 9 million in the second quarter, decrease in net sales, and increase of auto sheet shipments.

The article reports that the net income of Novelis, the Atlanta-based aluminum maker, has declined in the fourth quarter of the year 2014. It states that there has been a decrease of 8.4 percent in the net income of the firm in 2014, and discusses the impact of lower aluminum prices on the revenue generated by Novelis. It offers views of Phil Martens, President of Novelis, on initiatives taken by the firm to secure its position in the automotive and beverage can markets.

The article discusses Aluminum maker Novelis' sustainability program To increase use of recycled material, cut energy and water usage as of April 2014. The topics discussed include John Gardner, the Novelis' chief sustainability officer, on the program, collaboration with customers and vendors for implementation of the program, and recognition the company's sustainability efforts by U.S. Environmental Protection Agency (EPA).

The article discusses the possibility of shortage in supply of aluminum products due to rise in demand of the automobile manufacturers of U.S. in future. It mentions that aluminum companies like Alcoa and Novelis are making the investment to increase their industrial capacity in order to meet the demand of automobile industry. Also mentions the views of Gamey B. Scott, president of aluminum recycling company Scepter Inc. regarding the shortage of aluminum scrap.

The article informs that Atlanta-based producer of aluminum rolled products Novelis Inc. has reported net income of 3 million U.S. dollars in its fiscal quarter ended December 31, 2012 on net sales of 2.32 billion U.S. dollars. Topics discussed include views of Novelis president and chief executive officer (CEO) Phil Martens, the company's expansion strategy and impact of lower average aluminum prices on net sale of the company.

The article reports that Novelis Inc. has announced to invest 100 million U.S. dollars to establish its first aluminum manufacturing plant in China.

The article offers news briefs related to steel industries of North America as of April 2012 on topics including the hosting of the SigmaTEK Academy 2012 by SigmaTEK Systems LLC, the selling of the plants of Novelis Inc. and the expansion of the plant of by Alcoa Inc.

The article reports that Atlanta-based aluminum products manufacturer Novelis Inc. has agreed to be acquired by India's nonferrous metal firm Hindalco for $6 billion. The merger claims that it will become the largest aluminum rolling company in the globe. According to Aditya Birla Group chairman Kumar Mangalam Birla, the expertise of the combined companies will bring a strong platform for sustainable growth and success.

The article informs that the Atlanta-based aluminum maker Novelis has reported increase in the net income for the first quarter of the 2015 fiscal year.

The article focuses on the plan of aluminum company Novelis to invest 205 million dollars to build new finishing lines at its facilities in Oswego, New York, and Nachterstedt, Germany to produce aluminum automotive sheet. Topics discussed include impact of increased demand for aluminum sheet by carmakers on the company's growth, plan of the company to expand its recycling operations for automotive scrap, and views of the company's president Phil Martens on expansion of automotive capacity.

The article reports that producer of rolled aluminum and recycling company Novelis Inc. completed the two years expansion program of aluminum rolling and recycling facilities in the South Korea which was started in 2011 to increase its production capacity.

The article reports that first quarter profits of global aluminum firm Novelis Inc. declined from 91 million dollars in 2013 to 14 million dollars in 2014 and present views of firm's president Phil Martens.

The article discusses the financial statement of the Aluminum maker Novelis for final quarter of fiscal year that ended on March 31, 2013. Statistics are presented for net income, earnings before interest, taxes, depreciation, and amortization, and net sales. It also informs about the agreement signed between Novelis and ThyssenKrupp Tailored Blanks GmBH for development of tailored aluminum blanks. Views of Novelis president Phil Martens on company's financial performance are also presented.

The article offers industry news brief as of October 2012. Jaguar Land Rover PLC has selected Novelis Inc. for the supply of automotive sheet products. Circular saw finishing and band saw manufacturing assets from the company Cal Saw Canada will be purchased by Simonds International Corp. A galvanizing operation asset located in Acton, Ontario from the company Galvast Manufacturing has been acquired by the company Azz Inc.

The article offers information on the financial performance of Novelis Inc. for the first quarter of the year 2012, ending March 31, 2012.

The article reports on the building of automotive sheet manufacturing facility in China by Atlanta, Georgia-based Novelis Inc., which is expected to become operational in late 2014.

The article reports on the move of Novelis Inc. to invest 15.8 million dollars to construct a new continuous casting line at its production facility in Pieve Emanuele, Italy.

The article offers news briefs related to the metals industry in the U.S. Five producers of steel nails has filed antidumping duty petitions alleging that dumped imports of nails have caused material injury to the domestic industry. Shareholders for Novelis Inc. have approved the planned acquisition by India's Hindalco Industries Ltd. India. The North American Stainless Inc. has completed the installation of two precision multi-cut blanking lines at its two locations.

The article reports that when the spin-off of Alcan's Rolled Products Co. is concluded, the newly formed company, Novelis, will be 100 percent focused on rolling and the transformation of aluminum. Martha Finn Brooks, Chief Operating Officer, in her remarks to the Aluminum Division of the Metals Service Center Institute in mid-November, said that it is the largest aluminum mill products supplier in the world, based on both revenue and volume by tons. Novelis encompasses 38 operating locations in 12 countries, employing about 14,000 people. The creation of Novelis allows for cultural and business model changes, she continues.