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Novelis not to purchase metals from Russia next year

2 Sep 2022 16:39 reported by Joy Liu

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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.