Novelis Inc 's Comment on Competitors and Industry Peers
The aluminum rolled products market is highly competitive and is characterized
by economies of scale; and significant capital investments are required to achieve
and maintain technological capabilities and demanding customer qualification
standards. We face competition from a number of companies in all of the geographic
regions and end-use markets in which we operate. Our primary competitors are
as follows:
North America
Asia
Alcoa, Inc. (Alcoa)
Alcoa Bohai Aluminum Industries Co., Ltd
Aleris International, Inc. (Aleris)
UACJ Corporation
Constellium N.V. (Constellium)
Kobe Steel Ltd.
Noranda Aluminum, Inc.
Shandong Nanshan Aluminum Co., Ltd
UACJ Corporation/ Tri-Arrows Aluminum Inc. (Tri-Arrows)
Chinalco Group
Henan Mingtai Aluminum Industrial Co., Ltd
Europe
Henan Zhongfu Industrial Co., Ltd
Alcoa
Binzhou Weiqiao Aluminium Science & Technology Co., Ltd
Aleris
China Zhongwang Holdings Limited
Norsk Hydro A.S.A.
Constellium
South America
Alcoa
Companhia Brasileira de Alumínio
The factors influencing competition vary by region and end-use market, but generally
we compete on the basis of our value proposition; which includes price, product
quality, the ability to meet customers’ specifications, range of products
offered, lead times, technical support and customer service. In some end-use
markets, competition is also affected by fabricators’ requirements that
suppliers complete a qualification process to supply their plants. This process
can be rigorous and may take many months to complete. As a result, obtaining
business from these customers can be a lengthy and expensive process. However,
the ability to obtain and maintain these qualifications can represent a competitive
advantage.
In addition to competition from others within the aluminum rolled products industry,
we also face competition from non-aluminum material producers. In the packaging
end-use market (primarily beverage and food cans), aluminum rolled products
compete mainly with glass, PET plastic, and in some regions, steel. In the transportation
end-use market, aluminum rolled products compete mainly with steel and composites.
Aluminum competes with wood, plastic, cement and steel in building products
applications. In the consumer durables end-use market, aluminum rolled products
compete mainly with plastic, steel, and magnesium. Additionally, aluminum competes
with steel, cooper, plastic, and glass in industrial applications. Factors affecting
competition with substitute materials include price, ease to manufacture, consumer
preference and performance characteristics.
Overall company Market Share Q4 2023 |
*Market share is calculated based on total revenue.
Who are Novelis Inc 's Competitors?
Alcoa Corp Share Performance
-6.84%
This Year
|
Alcoa Corp
Profile
Alcoa Corp operates in the aluminum industry, engaging in the production and sale of aluminum and alumina.
More about Alcoa Corp's Market Share
|
Worthington Industries Inc Share Performance
+1.15%
30 Days
|
Worthington Industries Inc
Profile
Worthington Industries Inc's business model revolves around being a diversified manufacturing company that provides a wide range of products and services.
More about Worthington Industries Inc's Market Share
|
United States Steel Corp Share Performance
-17.02%
Over The Past 5 Days
|
United States Steel Corp
Profile
United States Steel Corp is a company that operates in the steel industry, involved in the manufacturing and selling of steel products.
More about United States Steel Corp's Market Share
|
Nucor Corporation Share Performance
+28.36%
One Year
|
Nucor Corporation
Profile
Nucor Corporation operates under a decentralized business model, with autonomous divisions and plants that focus on specific products. The company's core business involves the production of steel and steel-related products, serving various industries such as automotive, construction, and manufacturing. Nucor aims to be a low-cost producer by utilizing technologically advanced processes and maintaining a strong focus on efficiency and innovation.
More about Nucor Corporation's Market Share
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Ati Inc Share Performance
+2.70%
30 Days
|
Ati Inc
Profile
Ati Inc operates on a subscription-based business model, providing a platform that offers virtual collaboration tools and services to businesses and professionals. The company generates revenue by charging its customers a recurring subscription fee for access to its platform's features and services. Ati Inc focuses on continuously improving its product offerings and customer experience to maintain and expand its subscriber base.
More about Ati Inc 's Market Share
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Steel Dynamics Inc Share Performance
+23.01%
This Quarter
|
Steel Dynamics Inc
Profile
Steel Dynamics Inc operates as a steel producer and metal recycler, utilizing electric arc furnace technology to manufacture a wide range of steel products. The company follows an integrated business model that involves sourcing ferrous scrap and raw materials, processing them into high-quality steel, and distributing the finished products to various customers across different industries.
More about Steel Dynamics Inc 's Market Share
|
Century Aluminum Company Share Performance
+8.97%
Over The Past 5 Days
|
Century Aluminum Company
Profile
Century Aluminum Company's business model revolves around the production and sale of primary aluminum, primarily focusing on the manufacturing of high-quality aluminum products.
More about Century Aluminum Company's Market Share
|
Remitly Global Inc Share Performance
+5.95%
This Year
|
Remitly Global Inc
Profile
Remitly Global Inc is a digital financial service company that enables seamless and convenient international money transfers for individuals and businesses.
More about Remitly Global Inc 's Market Share
|
Arconic Corporation Share Performance
+0.77%
30 Days
|
Arconic Corporation
Profile
Arconic Corporation operates as a global leader in lightweight metals engineering and manufacturing. The company focuses on producing innovative aluminum, titanium, and nickel-based solutions for diverse industries including aerospace, automotive, and defense. Arconic's business model centers around leveraging their expertise in advanced materials and engineering capabilities to provide high-performance products and solutions to meet their customers' specific needs.
More about Arconic Corporation's Market Share
|
Commercial Metals Company Share Performance
+20.04%
One Year
|
Commercial Metals Company
Profile
Commercial Metals Company is a leading global metal recycling and manufacturing company that offers a vertically integrated business model. They collect and recycle different types of metal, such as steel and aluminum, from various sources. Utilizing advanced technology and expertise, they then transform these recycled metals into high-quality products for construction, infrastructure, and manufacturing industries. They strive to provide sustainable solutions and value-added products to their customers, optimizing the use of resources and minimizing environmental impact.
More about Commercial Metals Company's Market Share
|
Insteel Industries Inc Share Performance
+1.79%
Over The Past 5 Days
|
Insteel Industries Inc
Profile
Insteel Industries Inc operates as a manufacturer and distributor of steel wire reinforcing products for concrete construction applications. They provide a range of engineered structural wire products, including prestressed concrete strand and welded wire reinforcement, primarily serving the construction industry in the United States.
More about Insteel Industries Inc's Market Share
|
Timkensteel Corporation Share Performance
+2.26%
Over The Past 5 Days
|
Timkensteel Corporation
Profile
TimkenSteel Corporation operates as a manufacturer and supplier of alloy steel, serving various industries such as oil and gas, automotive, aerospace, and construction. The company focuses on providing high-performance steel products and services, emphasizing strong customer relationships and technical expertise to meet their industrial needs.
More about Timkensteel Corporation's Market Share
|
Dmc Global Inc Share Performance
+2.57%
Over The Past 5 Days
|
Dmc Global Inc
Profile
DMC Global Inc operates as a diversified company in the industrial sector, providing advanced technologies and solutions. They primarily focus on two business segments: NobelClad, which specializes in the production of explosion-welded clad metal plates for industries like oil and gas, and DynaEnergetics, which offers products and services related to oilfield perforating systems for the energy sector. DMC Global Inc aims to deliver high-quality, innovative solutions to cater to the specific needs of various industries worldwide.
More about Dmc Global Inc 's Market Share
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Kaiser Aluminum Corporation Share Performance
+2.02%
Over The Past 5 Days
|
Kaiser Aluminum Corporation
Profile
Kaiser Aluminum Corporation operates as a vertically integrated aluminum producer. The company primarily engages in the production and sale of semi-fabricated specialty aluminum products. Kaiser Aluminum's business focuses on providing value-added products to various sectors, including aerospace, automotive, and general engineering, to meet their specific needs and requirements.
More about Kaiser Aluminum Corporation's Market Share
|
Mueller Industries Inc Share Performance
+12.47%
This Year
|
Mueller Industries Inc
Profile
Mueller Industries Inc's business model revolves around the manufacturing and distribution of copper, brass, aluminum, and plastic products.
More about Mueller Industries Inc 's Market Share
|
Materion Corporation Share Performance
-1.61%
Over The Past 5 Days
|
Materion Corporation
Profile
Materion Corporation operates as a global supplier of highly engineered advanced materials. The company focuses on developing, manufacturing, and marketing various materials, including precious and non-precious metals, as well as specialty alloys and inorganic chemicals. Materion serves a wide range of industries such as aerospace, defense, automotive, medical, and electronics by providing unique material solutions and technical expertise.
More about Materion Corporation's Market Share
|
Ryerson Holding Corporation Share Performance
-9.40%
One Year
|
Ryerson Holding Corporation
Profile
Ryerson Holding Corporation operates as a leading metal processing and distribution company in North America. Their business model focuses on sourcing, acquiring, and processing various metal products to meet the needs of their diverse customer base. They leverage their extensive network of suppliers and service centers to efficiently distribute these products across a wide range of industries, addressing customers' metal requirements while providing value-added services.
More about Ryerson Holding Corporation's Market Share
|
Olympic Steel Inc Share Performance
+1.00%
Over The Past 5 Days
|
Olympic Steel Inc
Profile
Olympic Steel Inc operates as a metals service center, focusing on the processing and distribution of flat-rolled carbon, stainless, and tubular steel products. The company sources materials from a variety of suppliers, which it then warehouses and processes to meet the specific needs of its customers. Olympic Steel operates through multiple geographical regions and serves various industries, such as automotive, construction, and manufacturing.
More about Olympic Steel Inc's Market Share
|
Viavi Solutions Inc Share Performance
-5.28%
One Year
|
Viavi Solutions Inc
Profile
Viavi Solutions Inc operates as a provider of network testing, monitoring, and assurance solutions for telecommunications service providers, enterprises, and government entities. The company offers a range of products and services that help ensure the efficiency, performance, and security of network infrastructures.
More about Viavi Solutions Inc 's Market Share
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Arcelormittal Share Performance
-2.58%
30 Days
|
Arcelormittal
Profile
ArcelorMittal's business model focuses on being a leading steel and mining company, operating across all major markets worldwide and utilizing its integrated mining, steelmaking, and finishing processes to cater to diverse customer needs. The company aims to optimize operational efficiency, maintain a strong balance sheet, and continuously innovate to provide sustainable steel solutions that contribute to economic growth and societal well-being.
More about Arcelormittal's Market Share
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