Press Releases
9 November 2018
Novelis Inc., the world leader in aluminum rolling and recycling, published its Fiscal Year 2018 Sustainability Report today. The report articulates the company's purpose of "Shaping a Sustainable World Together" through a global commitment to the products it makes and the people it serves. A highlight of the company's environmental stewardship is that its production output in the fiscal year was comprised of 57 percent recycled content. This is an increase of two percent ov
Read more...8 November 2018
Novelis Inc., the world leader in aluminum rolling and recycling, today announced it has agreed to partner with Impression Technologies to explore innovative ways to increase the broader adoption of aluminum through the hot stamping process. Impression Technologies has the exclusive rights to Hot Form Quench (HFQ®), a unique technology used to design and manufacture components using ultra high-strength aluminum for the high volume automotive and transport markets. This partnersh
Read more...6 November 2018
The Asia’s No. 1 and the world’s second largest casting metallurgical event - Metal + Metallurgy China 2019 (a collective name for the 17th China International Foundry Expo, the 13th China International Die Casting Industry Exhibition, the 19th China International Metallurgical Industry Expo, the 15th China International Refractories and Industrial Ceramic Exhibition and the 17th China International Industrial Furnace Exhibition) will be held in Shangh
Read more...3 November 2018
The United Steelworkers (USW) today said that the union has reached tentative agreements on new contracts with ArcelorMittal USA on behalf of about 15,000 workers at 14 of the company's U.S. locations. Subject to a vote by the membership of 13 local unions, the proposed four-year agreement would expire on Sept. 1, 2022. "Our committee's hard work and dedication have resulted in tentative agreements with ArcelorMi
Read more...2 November 2018
United States Steel Corporation announced today that its Board of Directors declared a dividend of $0.05 per share on U. S. Steel Common Stock. The dividend is payable December 10, 2018 to stockholders of record at the close of business November 9, 2018. United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 250 company with major operations in the United States and Central Europe. For more information about U. S.
Read more...1 November 2018
Novelis Inc., the world leader in aluminum rolling and recycling, today announced plans to establish a global network of Customer Solution Centers (CSCs) to accelerate collaborative innovation between Novelis and automakers for the next generation of vehicle design. Novelis will work with OEMs to determine how to maximize lightweight, high-strength aluminum to design the best solutions for specific applications at the right cost to better compete against steel and other materials. The facilit
Read more...1 November 2018
Industry leaders joined Aluminum Association president & CEO Heidi Brock in testifying before the U.S. International Trade Commission (USITC) today. The testimony urged the USITC to reach a finding in the Commerce Department’s self-initiated case that unfairly-traded imports of common alloy aluminum sheet from China are injuring domestic producers. Senior officials from association member companies: Aleris, Arconic, Constellium, Jupiter, JW Aluminum and Novelis shared details
Read more...31 October 2018
Vinton Steel LLC of Vinton, Texas, has signed a contract with Primetals Technologies for an upgrade of its bar mill. The upgrade will enable Vinton to reduce delays, increase productivity, improve bundle quality, and enable the mill to handle bar up to 80-foot lengths. Start-up is expected for early 2020. The project consists of a complete bar handing arrangement from cold shear to product unloading, which includes a 660 short ton cold shear, cold shear run-out table, gauge be
Read more...30 October 2018
The non-binding heads of agreement, originally signed on 28 October 2016, for Chinalco to acquire Rio Tinto’s entire interest in the Simandou iron ore project in Guinea has lapsed. Rio Tinto and Chinalco, who respectively own 45.05 per cent and 39.95 per cent of Simandou, will continue to work with the Government of Guinea to explore other options to realise value from the world-class Simandou iron ore deposit. The Government of Guinea owns a 15 per cent stake in the project.
Read more...29 October 2018
JW Aluminum, a leading domestic manufacturer of flat rolled aluminum, is investing $8.5 million to install a new tension leveling and slitting line at its Goose Creek, South Carolina facility. The new coil processing equipment, custom built by Red Bud Industries and Machine Concepts, is designed to maximize output and increase efficiency. The tension leveler will also ensure optimum material flatness. Installation begins in the third quarter of 2019 and will be fully operational by the end of
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