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., an American industrial aluminium company specialised in rolling and recycling, announced its second quarter results for FY2023-24, disclosing net sales fell by 14.6 per cent Y-o-Y from US$4.8 billion to US$4.1 billion. A dip in aluminium flat rolled product shipments to 933,000 tonnes...
Novelis has been allotted a sum of $5 million by the Alabama Industrial Access Road and Bridge Corporation under ALDOT's administration for revamping the South Alabama Megasite. Novelis' aluminium plant in the area will undergo a proper renovation with the funding raised. The grant will fund...
The downstream aluminium market saw an eventful week from October 9 to 13, with Vietnam initiating its first anti-dumping sunset review on Chinese aluminium profiles, Novelis Europe ruling out Russian aluminium from the metal supply tender, Airbus renewing its supplying contract with AMAG, and so...
Sustainable drives are gaining immense popularity in the aluminium sector every passing day. Alro Group, a Romanian aluminium producer, has planned to invest 15 million euros in 3 projects to reduce its ecological impact and increase competitiveness, including installing a 1,500 KW photovoltaic...
Novelis, a leading sustainable aluminium solutions provider and world leader in aluminium rolling and recycling, has officially announced the renewal of its longstanding partnership with Airbus. This contract renewal marks the continuation of their highly successful and collaborative relationship,...
Novelis Inc., the world's leading sustainable aluminium solutions provider, has reportedly collaborated with Southern Company to take initiatives to achieve decarbonisation of aluminium production across North America. Southern Company, headquartered in Atlanta, is a reputed producer of clean,...
At the London Metals Exchange industry gathering known as LME Week, Novelis Europe announced debarring Russian aluminium from its metal supply tender 2024. It is when the industry people – consumers, producers, and traders come together to buy and sell aluminium for 2024. Emilio Braghi, executive...
Infinitely recyclable without losing the original properties is what makes the metal aluminium popular worldwide across multiple industries. According to AL Circle’s recently released report: “ Global Aluminium Industry: Key Trends to 2030 ”, the world recycled aluminium usage stood at 27.1 million...
In a remarkable display of commitment to sustainability, Novelis Inc., a global leader in aluminium rolling and recycling, has unveiled its fiscal year 2023 sustainability report, showcasing substantial progress towards its ambitious sustainability objectives. The report, which encompasses a wide...
On Monday, September 11, Novelis Inc., a prominent rolled aluminium manufacturer, stated that it had signed an anchor customer deal with Ball Corporation, guaranteeing to provide aluminium sheets for can manufacturing in North America. A truck transporting aluminium alloy rods from Schwab New...
The world is witnessing a sudden surge in the adoption of sustainable initiatives due to the impending effects of global warming and carbon emissions. Last week was a marvellous time for global standardisations as the Aluminium Stewardship Initiative presented certifications to various companies...
Novelis Inc., a leading producer of rolled aluminium, announced on Monday, September 11, that it signed an anchor customer contract with Ball Corporation, promising to supply aluminium sheets for making cans in North America. With this contract and some others, Novelis' can sheet supply commitment...
A research team led by Prof. Matthew McDowell at Georgia Institute of Technology has recently introduced an aluminium foil that could revolutionize solid-state lithium battery cells, potentially extending the range of electric vehicles and advancing battery technology. Collaborating with aluminium...
Aluminium foil is the most preferred choice of raw material in the packaging industry because it acts as a total barrier to light and oxygen, odours and flavours, and moistness and germs. Hence, there is an estimate for robust growth of the global aluminium foil market in ten years, from US$26.3...
Novelis, a leading aluminium flat-rolled products company, recently announced a significant achievement in the industry. According to the company, recycled aluminium made up an average of 61% of its total inputs in the fiscal year ending on March 31, 2023. This impressive figure is due to Novelis'...
When it comes to automobiles, aluminium has a league of its own. Arcelor Mittal, a global steel company, has received a Fuso Canter 7C18 to deliver steel plates across North England from its Birkenhead location. The Fuso Canter, with its aluminium foundation platform, is an excellent match for the...
The downstream aluminium segment witnessed variable production this week, with Aparna Enterprises planning to invest INR 150 crores in FY24 to expand operations and INR 50 crores in tile, RMC, and aluminium. The move reflects the company's commitment to meeting India's infrastructure needs....
Hindalco Industries Limited, one of India's biggest aluminium manufacturing companies, announced the first quarter results of FY2023-24 ended June 30, revealing a net profit of INR 2,454 crore, up by 1.75 per cent Q-o-Q from INR 2,411 crore, driven by a recovery in Novelis business. However, on a...
