Hindalco Industries’ overseas subsidiary Novelis Inc. has reportedly raised the price of all automotive aluminum sheet products sold in Europe by 160 euros per metric tonne, with immediate effect. The change applies to all new orders not covered by current supply agreements. Earlier in June, Novelis increased the prices of painted aluminum sheet products in Europe by 100 euros per tonne.
Novelis provides a variety of specialized aluminium products designed to meet the exacting requirements of the construction industry, while enabling architects to bring their most innovative and ambitious designs to life in an eco-friendly and cost-effective way.
Hindalco Industries, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.
