Industry News

Novelis not to purchase metals from Russia next year

Views : 133
Update time : 2022-09-02 20:19:19
Novelis Inc., a Georgia-based industrial aluminum company, released a clear statement in a tender for 2023 supply to its European plants that it would stop buying metals originating in Russia next year.

As a global leading manufacturer of aluminum rolled products and the world's largest aluminum recycling company, Novelis’ decision might play a key role in the aluminum industry and set the tone for contract negotiations in the future.
Related News
Read More >>
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
May .15.2025
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
May .15.2025
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
Rio Tinto to launch Simandou iron ore shipments in Nov Rio Tinto to launch Simandou iron ore shipments in Nov
May .15.2025
Rio Tinto to launch Simandou iron ore shipments in Nov
Iron ore prices break through $102 mark Iron ore prices break through $102 mark
May .15.2025
Iron ore prices break through $102 mark