Downstream producer Novelis said in its fiscal-year 2019 third-quarter earnings report on Tuesday February 5 that strong demand for aluminium products helped boost sales.
Novelis reported sales of $3 billion in the third quarter, up 3% year on year from $2.9 billion. Shipments of flat-rolled products increased 1% to 800,000 tonnes.The automotive and beverage packaging industries helped drive the increased demand for aluminium products."Continued customer demand from automakers and favorable market...