Aluminum Can Sheet

World's largest flat-rolled aluminum company and dominant global can sheet supplier; wholly owned subsidiary of Hindalco Industries (Aditya Birla Group, India). FY2025 total shipments: 3,757 kilotonnes; beverage packaging ~60% of output (~2,250 kt) — a record high. Revenue ~$17.1B. World's largest aluminum recycler (>70 billion cans/year). Acquired Aleris Corporation in April 2020 for $2.8B (required divestitures: Lewisport KY and Duffel Belgium per DOJ/EC). Building a $5B greenfield integrated plant at Bay Minette, Alabama (600,000 MT/year, commissioning H2 2026) — the first fully integrated US aluminum plant in nearly 40 years. JV partner in Alunorf (Neuss, Germany) — the world's largest aluminum casting and rolling plant.

NYSE-listed European/North American flat-rolled aluminum company (€10B+ revenue). FY2024: 1.4 million MT total shipments; Packaging & Automotive Rolled Products (P&ARP) segment = 1,027k MT; packaging rolled products (can sheet, closure stock, foil stock) = ~746k MT. Muscle Shoals, Alabama is the US can industry's most complete single facility — the only US plant producing body stock, coated end stock, and tab stock at scale, with the widest strip mill in the US (>1 billion lbs/year). DOD invested $23M via Defense Production Act Title III in Muscle Shoals casting capacity. Also produces aerospace/defense plate at Ravenswood, WV (Airbus, Boeing, NASA).

Formed when Hydro ASA sold its aluminum rolling division; 11 sites across Germany and Norway; ~1 million tonnes/year of rolled aluminum products. Grevenbroich is Europe's largest aluminum refining plant and produces foil as thin as 6 µm for food, pharmaceutical, and HVAC applications. Holmestrand (Norway) specializes in specialty food packaging foil. Key upstream substrate supplier to European butter wrap converters.

Spun off from Alcoa in 2016; major North American flat-rolled aluminum producer. Re-entered the beverage can sheet market on November 5, 2020 when its non-compete agreement with Alcoa expired — immediately signing $1.5B+ in new can sheet contracts for delivery 2022-2024. Key plants: Davenport Works (world's widest rolling mill at 220 inches; the only source of single-piece aluminum-lithium wing skins for large commercial aircraft), Alcoa TN (primary can sheet re-entry site), Lancaster PA. $175M casthouse expansion at Davenport underway. Arconic's 3-year absence from can sheet (2016-2020) contributed structurally to the 2020-2021 can shortage.

Japan's largest aluminum rolling company (TSE-listed). Structured supply network: Japanese plants serve domestic market; Tri-Arrows Aluminum (US JV with Norsk Hydro/Speira) at ~450,000 MT/year serves North America; UACJ Thailand at ~320,000 MT/year serves Southeast Asia. Can stock is a core product alongside automotive sheet. Operates JV rolling mills on three continents.

South Africa's only primary aluminum rolling company (JSE-listed); installed capacity ~250,000 MT/year, actual ~200,000 MT/year with ~60% exported. Supplies can body stock, end stock, and tab stock for South Africa's aluminum can market (country switched from steel to aluminum cans) and exports globally to North America, South America, Europe, Middle East, and Asia. Provides an alternative source to the major global rolling companies for mid-tier can makers seeking non-Novelis supply.