Novelis, a global aluminium rolling and recycling subsidiary, is benefiting from LME price increases due to its strong business presence in India.
2 reports, 2 independent
Updated Aug 10
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What happened
Novelis, a global aluminium rolling and recycling subsidiary, is benefiting from LME price increases due to its strong business presence in India.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Novelis
American aluminium manufacturer
Nothing else this week.
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London Metal Exchange
futures exchange in London, England
- Conflict in the Middle East is driving market volatility and risk, with talks underway to resolve the situation.
- Global resource competition is intensifying as countries seek to build processing capacity outside of China, amid concerns over its rare earth dominance and the challenges facing producers like those in Northwestern Ontario and Belarus.
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Hindalco Industries
company
Related events
- Hindalco Industries reported strong performance across its aluminium and copper businesses, supported by Novelis recovery and aluminum price reversal from the Middle East.
- Novelis supplies major automotive products and critical aluminum to GM and Ford from its Oswego facility.
- Hindustan Copper Limited is reviving operations in a state, leading to production cuts that constrain the global copper supply.