Indian Aluminum Company Acquire American Aleris Company

- Oct 12, 2018-

The merger of Indian aluminum companies into the US Aleris has caused concern in China's domestic industry. "Daily Economic News" reporter asked the National Anti-Monopoly Bureau website found that Novelis, the world's largest auto sheet manufacturer, acquired Aleris, the world's leading aerospace board manufacturer, and passed China's anti-monopoly review. : In the column “Public Cases for Simple Cases of Operators”, Novelis’ acquisition of the equity of Aili Company is listed. Some industry veterans said that once the acquisition is completed, the combined capacity of the two companies will reach 1.2 million tons per year, while the global demand for automotive sheets will be around 1.3 million tons in 2017. The combined companies will occupy the global car. A large share of the board market. Then, after the merger of Novelis and Aleris, will the global aluminum processing industry structure change? "The merger of the two companies will create a 'big Mac' in the automotive and aerospace sector, which will not only affect the full competition in the global market, but will also have a huge impact on the Chinese aviation board and automotive panel industry." According to senior experts, judging from the development trend of the global aluminum processing industry, the core of the future game is concentrated on high value-added aerospace boards and automotive boards. At present, a number of aluminum processing enterprises in China are also making great efforts to enter this field, including Southwest Aluminum, Northeast Light Alloy, Nanshan Group, Liaoning Zhongwang Group, South-South Aluminum and other enterprises. In recent years, they have invested a lot of money. Manpower and material resources to build aviation board and automobile board production lines. At this stage, domestic related industries are still in the cultivation stage. Nobelis and Aili Aluminum are one of the two, and the development space of China's aluminum processing industry may be hindered.