Novelis' North American margins slide despite record premiums
Higher aluminum prices and delivery premiums lifted Novelis' revenue, but shipment softness and elevated conversion costs left North American earnings sharply lower.
Category: Packaging
Constellium raises 2025 guidance
The company cited, among other things, scrap purchases, tariff mitigations and the ramp-up of its plant in Switzerland.
AMU Survey: Respondents expect Midwest premium to climb in November
Expectations for UBC scrap prices remained stable in October. What shifted was the composition of the remainder.
AMU Survey: Lead times for extrusions, sheet, primary diverge
AMU's latest survey of aluminum market participants shows widening gaps in lead times, with extrusions lengthening dramatically.
Constellium names new chief executive
Chief Operating Officer Ingrid Joerg will succeed Jean-Marc Germain as CEO
Kaiser updates expansion projects, raises EBITDA outlook again
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
Ford confirms Novelis Oswego hot mill restart expected by early December
Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.
MetalX's planned slab plant shelved as site goes up for sale
MetalX's proposed $250 million aluminum recycling and slab-rolling plant in Ohio has been shelved, with the site now listed for sale confirming the project will not proceed.
Logan and Novelis awarded over $3 million for rail upgrades
The state of Kentucky has awarded more than $3 million in rail-infrastructure grants to Logan Aluminum and Novelis, strengthening the integrated Berea-Russellville supply chain.
ADI sees more aluminum growth ahead
“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.