Ford's first-half 2026 results raise an interesting question: how did the automaker almost double adjusted EBIT when revenue grew by less than 1 per cent? The answer lies less in selling more vehicles and more in what Ford sold, how it priced them and where it managed to reduce losses. At the same...
Hindalco subsidiary Novelis has expanded its aluminium rolling and recycling footprint through the continued commissioning of its Bay Minette greenfield site in Alabama and the restart of its Oswego hot mill in New York . The twin milestones propelled the company’s performance in the first quarter...
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Novelis Inc., the world leader in aluminum rolling and recycling, today announced a $4.5 million manufacturing investment at its facility in Warren, Ohio. The investment in state-of-the-art technology provides greater versatility for pretreatments, improves operational efficiency and reduces costs...
Novelis, the world leader in aluminium rolling and recycling, announced that after the successful application in Europe its Advanz™ 6HF - e/s200 aluminium alloy is now available in North America. This heat-treatable automotive alloy offers greater design flexibility because of its superior...
Novelis, the world leader in aluminum rolling and recycling, today reported net income of $307 million for the second quarter of fiscal year 2018, compared to a net loss of $89 million in the prior year period. Excluding tax-affected special items in both years, the company reported net income of...
Daniel, a supplier of cold mills plants to the metal industry, has received an order from Logan Aluminum for supply of the world’s most advanced and productive cold mill. The new Danieli DiamondFlex 6-High Cold Rolling Mill (CM4 designation) will be installed at Logan Aluminum, in Western Kentucky,...
Aluminium recycling company Novelis recently published its 2017 sustainability report. The report showed that the company has increased use of recycled-content inputs in FY17 from 53 per cent to 55 per cent year-over-year – two years ahead of target. The company also reduced water usage and...
An upscale shopping complex in the Waterfall City in South Africa has covered its conspicuous façade with Novelis ff2 pre-painted aluminium sheet. The mall which came up in 2016 as a part of the urban development plan of the 1.73mn sqm-township stands tall with its signature Tadmoormetallic shade...
Novelis, the world leader in aluminum rolling and recycling, announced Friday, September 29, that it completed the transaction for its joint venture with Kobe Steel, Ltd., a producer of aluminum rolled products in Japan. The joint venture, Ulsan Aluminum, Ltd., was formed by Novelis selling Kobe...
Senior-level executives from Alcoa, Novelis, Scepter and the Aluminum Association will discuss continued demand growth and investment in the domestic aluminum industry during a media roundtable at the association’s annual member meeting in Washington, D.C on Wednesday, October 4. The U.S. aluminum...
Hindalco Industries Ltd., a subsidiary of the Aditya Birla Group, is planning to expand Novelis' auto lines in the US and China to meet the growing demand for automotive aluminium Sheets. Hindalco’s Managing Director Satish Pai said at the Annual Global Investor Conference on Tuesday. Satish Pai...
<p>Atlanta-based Novelis, the world leader in aluminium rolling and recycling hopes to continue its partnership with China and expand investment in China's electric vehicle sector and other automotive ventures.</p> <p>Novelis selected Changzhou, in Jiangsu province, as the site for its first...
<p>Novelis, the aluminium rolling and recycling major has reported net income of $101 million for Q1 FY 2018, more than triple from $33 million in Q1 FY 2017. The YoY increase in net income is driven primarily by higher EBITDA and lower interest expense.</p> <p>"Our automotive strategy, enhanced...
<p>Aluminium scrap remains a significant resource to be used as raw material to produce secondary aluminium and subsequently new aluminium products. The highest aluminium recycling percentages can be seen in the construction and transport sector of up to 95% but packaging sector is equally growing...
<p>Maurizio Sala, owner of Foundry Ecocer Srl and Protecme Srl and President of the Confindustria Amafond underlines the important presence of India at the next edition of METEF, the largest light and non-ferrous metals expo in the SEMEA area (Southern Europe, Middle East, and Africa). In a recent...
Aluminium is passed through hot and cold rollers to make it thinner and longer in the direction of the roller. In this rolling process, the aluminium slab is either cold rolled or may be heat-treated to increase its strength and rapidly cooled to room temperature with further processing. They are...
<p>Novelis Inc, the leading aluminium rolled products manufacturer and aluminium recycler reported significant improvement in its recycled aluminium inputs during the fourth quarter of fiscal 2017. The net income rose significantly higher and automotive shipments reached record highs during the...
<p>Novelis Inc., the world leader in aluminum rolling and recycling, today reported record results for Q4 2017 recording significant YoY increases in Adjusted EBITDA, net income, free cash flow and automotive sheet shipments. </p> <p><img style="vertical-align: middle; display: block;...
<p>Novelis Inc., the world leader in aluminium rolling and recycling, announced today that it has entered into a joint venture agreement with Kobe Steel, Ltd., a producer of aluminium rolled products in Japan. The joint venture, to be named Ulsan Aluminium, Ltd., will be formed by Novelis, selling...
<p>Elliott Management, which is now fighting for ownership of Arconic, alleges that Alcoa is paying a huge price for its contract to supply aluminium for Ford Motor Company’s F-150 pickup.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
