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home / news releases / RJZ - Strong Aluminum Market Reflected In Stellar Novelis Results


RJZ - Strong Aluminum Market Reflected In Stellar Novelis Results

  • Novelis Inc. reported a net income of $237 million during Q2 as compared to a net loss of $37 million in the prior year period.
  • Novelis benefitted from readily available scrap input rather than the position for many of its competitors who rely on primary ingot or slab.
  • When automotive does return to full capacity, demand will support aluminum prices that have in recent weeks seen a sharp sell-off.

For further details see:

Strong Aluminum Market Reflected In Stellar Novelis Results
Stock Information

Company Name: AB Svensk Ekportkredit ELEMENTS Linked to the Rogers International Commodity Index - Metals Total Return Structured Product
Stock Symbol: RJZ
Market: NYSE

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