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: Recycled Metals
Join AMU for a Community Chat With Shapiro Metals CEO Bruce Shapiro
Join AMU for a special webinar with Shapiro Metals CEO Bruce Shapiro on Thursday, Nov. 6, at 11 am ET. The live webinar will be free for all to attend. A recording will be available only to AMU and SMU subscribers. You can register here. Shapiro Metals started in 1904 with Bruce’s grandfather, who worked as a “junk peddler.” […]
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.
Constellium names new chief executive
Chief Operating Officer Ingrid Joerg will succeed Jean-Marc Germain as CEO
MetalX, Commonwealth Rolled Products announce partnership
MetalX will maintain its headquarters in Fort Wayne and both companies will maintain their own independence and management, the companies said.
Hydro, University of Michigan partner on automotive alloy project
The Hydro/University of Michigan partnership links university research with Hydro's facilities to develop, test, and scale next-generation aluminum extrusion alloys.
Hydro's Q3 results show stable output but volatile margins
The results show Hydro holding its operational footing even as profitability becomes harder to predict as margins swing sharply year over year, and even quarter to quarter.
Join AMU and SMU for a Community Chat with Shapiro Metals CEO Bruce Shapiro
Join AMU and SMU for a special webinar with Shapiro Metals CEO Bruce Shapiro on Thursday, Nov. 6, at 11 am ET. The webinar will be free to attend. A recording will be available only to AMU and SMU subscribers.
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.