Aleris Unveils New State-of-the-Art Rolling Mill in China

          Aleris Unveils New State-of-the-Art Rolling Mill in China

New Facility to Serve Key Aerospace and Commercial Plate Industries in China
and Globally

PR Newswire

ZHENJIANG, China, April 25, 2013

ZHENJIANG, China, April 25, 2013 /PRNewswire/ --Aleris today formally
introduced its new $350 million hot rolling mill in Zhenjiang, China designed
to meet fast-growing national and global demand for technically advanced
aluminum plate products for global aerospace and commercial plate customers.
The state-of-the-art plant, one of only a handful in the world, is equipped to
produce the most advanced value-added aluminum material for aerospace and
leading manufacturers in a variety of fast-growing industries in China and
worldwide.

"The unveiling of our Zhenjiang plant represents a significant milestone for
Aleris, further solidifying the company's industry leadership and establishing
a path for continued growth in China and worldwide," Steve Demetriou, Aleris
chairman and chief executive officer, said. "This plant will deliver the
technically-advanced aluminum solutions for the aerospace and commercial plate
industries that our customers across the globe have come to expect from us."

With a hot mill capacity of 250,000 metric tons, the plant will have a phase
one capability of producing 35,000 tons of value-added commercial plate
products that will serve a number of technically demanding end uses including
engineering, transportation, ship-building, and air separation units. The
company has begun shipping orders for commercial plate customers.
Qualification programs with major aircraft manufacturers are underway, and the
company expects to begin shipping aircraft material in the second half of
2014.

"This capital project is the largest ever in our company's history, and much
of it would not be possible without the support from our customers in China
and worldwide, the Jiangsu Province and Zhenjiang City governments, and our
team," Demetriou said.

The world's fleet of aircraft is expected to grow by 100 percent by 2031, with
35 percent of the growth coming from Asia, a key area of focus for the
company. China itself is expected to become the world's second largest
aviation market with demand for civil aircraft expected to triple over the
next 20 years.^1

About Aleris

Aleris is a privately held, global leader in aluminum rolled products and
extrusions, aluminum recycling and specification alloy production.
Headquartered in Cleveland, Ohio, Aleris operates more than 40 production
facilities in North America, Europe and Asia. For more information, visit
www.aleris.com. 

^1Boeing Market Forecast 2012

Forward-Looking Statements

Certain statements in this press release are "forward-looking statements"
within the meaning of the federal securities laws. Statements about our
beliefs and expectations and statements containing the words "may," "could,"
"would," "should," "will," "believe," "expect," "anticipate," "plan,"
"estimate," "target," "project," "look forward to," "intend" and similar
expressions intended to connote future events and circumstances constitute
forward-looking statements. Forward-looking statements include statements
about, among other things, future costs and prices of commodities, production
volumes, industry trends, demand for our products and services, anticipated
cost savings, anticipated benefits from new products or facilities, and
projected results of operations. Forward-looking statements involve known and
unknown risks and uncertainties, which could cause actual results to differ
materially from those contained in or implied by any forward-looking
statement.Important factors that could cause actual results to differ
materially from those expressed or implied by forward-looking statements
include, but are not limited to, the following: (1) our ability to
successfully implement our business strategy; (2) the cyclical nature of the
aluminum industry, our end-use segments and our customers' industries; (3) our
ability to fulfill our substantial capital investment requirements; (4)
variability in general economic conditions on a global or regional basis; (5)
our ability to retain the services of certain members of our management; (6)
our ability to enter into effective metal, natural gas and other commodity
derivatives or arrangements with customers to manage effectively our exposure
to commodity price fluctuations and changes in the pricing of metals; (7) our
internal controls over financial reporting and our disclosure controls and
procedures may not prevent all possible errors that could occur; (8) increases
in the cost of raw materials and energy; (9) the loss of order volumes from
any of our largest customers; (10) our ability to retain customers, a
substantial number of whom do not have long-term contractual arrangements with
us; (11) our ability to generate sufficient cash flows to fund our capital
expenditure requirements and to meet our debt service obligations; (12)
competitor pricing activity, competition of aluminum with alternative
materials and the general impact of competition in the industry segments we
serve; (13) risks of investing in and conducting operations on a global basis,
including political, social, economic, currency and regulatory factors; (14)
current environmental liabilities and the cost of compliance with and
liabilities under health and safety laws; (15) labor relations (i.e.,
disruptions, strikes or work stoppages) and labor costs; (16) our levels of
indebtedness and debt service obligations; (17) the possibility that we may
incur additional indebtedness in the future; (18) limitations on operating our
business as a result of covenant restrictions under our indebtedness; and (19)
other factors discussed in our filings with the Securities and Exchange
Commission, including the sections entitled "Risk Factors" contained therein.
Investors, potential investors and other readers are urged to consider these
factors carefully in evaluating the forward-looking statements and are
cautioned not to place undue reliance on such forward-looking statements. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether in response to new information, futures events or
otherwise, except as otherwise required by law.

SOURCE Aleris

Website: http://www.aleris.com
Contact: Media Contacts: Shannon Bennett, 216.910.3664,
shannon.bennett@aleris.com, Jason Saragian, 216.910.3670,
jason.saragian@aleris.com, or Tracy Cui, (+86) 21 5298 4668 - 227,
tcui@apcoworldwide.com; Investor Contact: Eric Rychel, 216.910.3229,
investor@aleris.com