Canstock supplier Novelis continues to improve

November 9: Novelis, the world’s largest supplier of aluminium canstock, turned round its second quarter results to the end of September with profits after tax of $195 million.

This was 35 percent up on the first quarter, and compares with a loss of $104m in the same period of 2008.

Shipments of all aluminium products were up seven percent quarter to quarter to 693,000 tonnes.

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