Aleris again trims its negative cash flow in October

Dec 01, 2009 | 06:56 AM | Paul Schaffer

The U.S. operations of Aleris International Inc., operating under Chapter 11 court protection, neared positive cash flow in October, according to a financial update filed on Monday.

The Beachwood, Ohio-based aluminum sheet producer and recycler, in negative territory since July, saw its cash flow bottom out at negative $23.5 million in August. The tallies since then were negative $16.3 million....

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