Monster Beverage Corporation reported record third-quarter net sales of USD 2.56 billion in 2026, marking a 16.7 per cent year-on-year increase, even as higher aluminium can and freight costs contributed to a decline in gross profit margin. The beverage manufacturer said rising aluminium costs, alongside a shift towards faster-growing but lower-margin international markets, weighed on profitability during the quarter. According to the company's Q3 2026 earnings call, gross profit margin declined by 100 basis points to 54.7 per cent from 55.7 per cent in the corresponding quarter of 2025. Management identified increased aluminium can costs, geographical sales mix and higher freight expenses as the primary factors behind the contraction, partly offset by pricing actions. Chief Executive...
A potential easing of trade tensions between the United States and Canada could reshape the North American aluminum market, with European buyers facing the risk of stronger competition for Canadian metal. Import data from ITC Trade Map shows that US purchases of Canadian unwrought aluminum fell sharply in 2025, while imports from Canada increased across six European markets, highlighting how trade flows have evolved amid tariff uncertainty. The United States imported approximately 2.03 million metric tons of unwrought aluminum from Canada in 2025, down 25.9% from 2.74 million metric tons in 2024. The decline amounted to around 711,494 metric tons over the year. Import value also decreased, falling 22.2% from $7.82 billion to $6.09 billion. The figures come as the possibility of a...
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Century Aluminum Company, a global producer of primary aluminium, has announced the appointment of Jesse E. Gary as the company’s Executive Vice President and Chief Operating Officer, a newly created position. Jesse E. Gary will continue to serve as Century’s General Counsel. Jesse E. Gary said: “I am honored and excited to have this opportunity to serve and support all of our incredible employees and customers. Century is well positioned to perform in the current dynamic industry environment, and I look forward to working with Mike and the rest of our team to safely drive our business forward.” “I am also very pleased to announce Morgan’s promotion. Over the past five years, she has demonstrated superb legal skills and has become a trusted partner of the business. I am very confident...
AMAG Austria Metall AG has reported results for Q1 2019. The AMAG Group's revenue increased by 4 % YoY from EUR 263.2 million to EUR 274.4 million, driven by higher volume in the Rolling Division. Shipment volumes were up by 10 % to 111,600 tonnes in Q1 2019 compared to Q1 2018. Higher shipment volume was driven by positive ramp-up of the new plants in the Rolling Division and the new melting furnace in the Casting Division. EBITDA for Q1 amounted to EUR 33.0 million in Q1 2019, compared with EUR 38.9 million in Q1 2018. Falling aluminium prices in the first quarter coupled with higher raw material costs had a negative impact on the earnings in the Metal Division which dropped from EUR 10.6 million to EUR 0.1 million. The higher shipments volumes partially offset this effect. EBITDA in...
Germany’s aluminium container export witnessed a drop in both volume and value in 2018 after an increase in 2017. Export from Germany declined 37 per cent year-on-year last year, according to recent estimates. Aluminium containers are used for packaging of several commercial commodities and are non-toxic, odourless and moisture resistant. According to recent estimates, Germany’s export of aluminium containers has been fluctuating for the last three years. Export of aluminium containers decreased from 3464 tonnes to 2186 tonnes in 2018. This indicates a drop of 37 per cent year-on-year. The revenue from the export came in at USD17 million in 2018, down from USD39 million in 2017. Global trade data suggests that the country’s export of this product will see a growth in 2019. The expected...
According to Shanghai Metals Market, now that that the Chinese government is cutting subsidies, China’s credit system that rewards longer-range models will continue to boost the development of new energy vehicles (NEVs). By 2025, NEV production in China is expected to come in at 6.96 million units, among which passenger vehicles is likely to amount for most of the growth. SMM expects pure electric vehicles to contribute to about 30 per cent of the annual increase in NEV production. Consumers’ favour towards plug-in hybrid vehicles is estimated to keep the output growth by about 15 per cent after the subsidy cuts, compared with a growth rate above 35 per cent before the cuts. SMM further estimates the production of new energy buses to continue to decline in the long-term due to the...
According to the latest press update from Hydro, the company’s production volumes in Q1 2019 fell YoY, reflecting the continued Alunorte curtailment and the recent cyber attack that disrupted production putting up a number of operational challenges, primariloy in Extruded Solutions business. Hydro will be releasing its complete Q1 financial results on June 5. “The cyber attack that hit us on March 19 has affected our entire global organization, with Extruded Solutions having suffered the most significant operational challenges and financial losses,” says President and CEO Svein Richard Brandtzæg. He added that the overall financial impact of the cyber attack is estimated at NOK 400-450 million in Q1. Hydro’s cyber security was already insured with cyber insurance from recognized service...
Russian aluminium giant Rusal posted that its first-quarter sales of value added products (VAP) dropped 44 per cent from the contemporary period of the previous year and 22 per cent from the last quarter. Sanctions by the United States are held primarily responsible for this year-on-year and quarter-on-quarter downfall. Washington had declared sanctions against the Russian aluminium company in April 2018 and lifted them in January 2019 when co-owner Oleg Deripaska reduced his stake after months of talks and several extensions of the deadline for sanctions to take full effect. But despite the withdrawal of the sanctions, the company claims its sales of VAP metal - alloyed ingots, slabs, and some other products to have been affected in the first quarter. Sales of VAP metal decreased to...
Aluminum Corporation of China Limited (CHALCO) announced that its net profit stood at RMB444.9 million in the first quarter of 2019, up 46 per cent from RMB304.5 million in the first quarter of 2018, as aluminium prices stabilised and asset disposals swelled its bottom line. Revenue for January-March increased 20.7 per cent year-on-year on higher production. Revenue came in at RMB44.11 billion, according to a filing to the Hong Kong stock exchange. CHALCO‘s aluminium production in the three month period of 2019 dropped 6.9 per cent year-on-year, underlining the impact low prices are having on its operations. Aluminium production stood at 950,000 tonnes, down from 1.02 million tonnes in the three month period of 2018, said CHALCO in the data sheet released on Tuesday and reviewed by...
Charles Brian Hesse is the new head of Russian aluminium giant Rusal’s United States office, according to the latest report. Rusal has appointed Mr. Brian Hesse at a time when trying to strengthen its presence in North America. The news came when the firm said in a statement on Tuesday, April 30. Hesse will join Rusal with a vast experience in the metal industry. He worked as the Vice President of sales and marketing for the Americas for India’s Vedanta, prior to which, he also worked as the global sales director in a rolled products manufacturer Aleris International. Rusal in mid-April landed its first investment in the United States since Washington lifted sanctions. It has collaborated with Braidy Industries Inc. to construct an aluminium rolling mill in Ashland, Kentucky, USA in order...
The US dollar index weakened and fell below 98 as traders awaited more data to decide whether to add to their bullish positions in the greenback. Most major currencies remained in tight ranges and traded lightly as Japan began its 10-day Golden Week holiday. China will have its Labour Day holiday from Wednesday to Friday. LME base metals ended mixed and aluminium slid 1%. SHFE metals closed higher and aluminium gained 0.2%. As aluminium inventories across LME warehouses expanded some 48,000 tonnes, LME aluminium slid to the lowest since mid-January, at US$1,826 per tonne. It ended lower for the fourth consecutive trading day, at US$1,828 per tonne. It is likely to trade weakly between US$1,810-1,850 per tonne today. As on April 29, LME aluminium cash (bid) price stood at US$ 1815 per...
According to Shanghai Metals Market, the price of Bauxite(6.0≤Al/Si＜7.0)Shanxi has recorded a fall today, April 30, by RMB 10 per tonne to stand at RMB 540 per tonne. January 1, 2019, was the last time when Bauxite(6.0≤Al/Si＜7.0)Shanxi price had recorded a fall from RMB 570 per tonne to RMB 550 per tonne, followed which the price continued to show restraint until today. The price of Bauxite(6.0≤Al/Si＜7.0)Henan has also registered a drop today, but by RMB 20 per tonne to stand at RMB 500 per tonne. The Bauxite(6.0≤Al/Si＜7.0)Henan price had fallen previously on April 22 from RMB 530 per tonne to RMB 520 per tonne. Since then the price remained unchanged until today. The alumina spot price, on the other hand, continues to grow, found Shanghai Metals Market. The price today has grown to RMB...
According to the latest media report, Supreme Court admits NALCO’s petition for hearing on alumina sales tender to domestic customers. It was earlier reported that Nalco urged the Supreme Court to challenge Odisha High Court for allowing Vedanta’s Jharsugda unit's participation in the tender floated by Nalco for the sale of surplus alumina. National Aluminium Company Ltd. (NALCO) is India’s largest producer of bauxite and alumina, the main input materials for aluminium smelting. It uses India’s rich bauxite resources to feed its alumina refinery. The company uses the alumina to produce about 440,000 tonnes of aluminium every year. NALCO’s produced 2.10 million tonnes of alumina in FY2019 and the production should be in the same range in FY20. Also, NALCO exports its surplus Alumina, which...
Jamaica-based bauxite/alumina producer JISCO Alpart’s meeting with community leaders, political and stakeholder representatives is scheduled today, April 29, at 11:00 am at the JISCO Alpart Sports Club in Nain. The agenda of the meeting is to discuss ongoing problems relating to water distribution and dust pollution. Residents have been hugely complaining about the negative effects of dust pollution, as well as the inadequate distribution of water to communities close to the plant. The first phase of the Essex Valley water scheme, however, is now said to be nearing completion. This water scheme was first launched in 2001 as a partnership between the Jamaican Government and Alpart to provide piped water from the National Water Commission to residents in communities close to the plant. But...
Ardagh Group, a global supplier of infinitely recyclable, metal and glass packaging for the world’s leading brands, published results for the first quarter ended March 31, 2019. Revenue in the three-month period was broadly in line with the prior year. Revenue stood at $2,220 million. On a constant currency basis, revenue up by 4% on increased volume/mix effects of 2% and the pass through of increased input costs. Paul Coulson, Chairman and Chief Executive, said: “Our first quarter performance was good, with growth in volumes, earnings and cash generation. Demand for our sustainable packaging solutions is generally strong and we grew volume in both our Americas and European metal packaging divisions notably in beverage cans, as well as in glass packaging in Europe.” Adjusted EBITDA for...
Qatar Aluminium Manufacturing Company (QAMCO), a successful producer of primary aluminium and one of the largest aluminium smelters in the region, has reportedly announced its financial results for the fourth-month period ended on March 31, 2019. The company announced that its net profit was at QR13.3 million, with earnings per share of QR 0.02. This result predominantly represents the net profit share of QAMCO’s joint venture Qatalum. There were two challenging conditions in the market that primarily affected Qatalum’s performance, said the company itself. The first challenging condition was the increase in the costs of raw materials; particularly the prices of alumina that led to a rise in Qatalum’s operating cost and a decrease in its operating margins substantially during December...
Constellium reported results for the first quarter ended March 31, 2019.The company reported revenue of €1.5 billion in Q1 2019, up 11% compared to the first quarter of last year. This was due to the consolidation of Bowling Green and improved price and mix, partially offset by lower metal prices. Adjusted EBITDA increased 12% to €135 million on improved results in the Aerospace and Transportation and Packaging and Automotive Rolled Products segments. Shipments increased 6% year-on-year to 413 thousand tons primarily due to the Packaging and Automotive Rolled Product segment.Net income of €24 million improved compared to a net loss of €24 million in the first quarter of 2018. Jean-Marc Germain, Constellium’s Chief Executive Officer said, “Constellium delivered strong results in the first...
Sanjeev Gupta’s GFG Alliance has announced the acquisition of two vehicle components suppliers in French. Through its industrial business Liberty, GFG has become the owner of Saint Jean Industries Poitou and Fonderie du Poitou Fonte. As a result of the rulings by the courts of Administration, GFG is now in a position to commence the implementation of a comprehensive recovery plan for the plants including, a refreshed orderbook, introduction of the LMOS (Liberty Manufacturing Operating System), investments in equipment and improvements in maintenance. Chief Executive of Liberty Industries Group Dr Douglas Dawson said: “This is a great day for both companies and for our group. Moreover, it’s a great result for the workers who I am delighted to be welcoming to the GFG family and growing...
Increasing demand towards diverse, innovative product grades for electrical and automotive applications are found consistently stimulating the aluminium wire market size across the globe. Composed of aluminium, these wires exhibit corrosion protection properties and find a wide array of usage in the products including transformers, building wires, heat sinks in industrial segment, and electrical appliances. Global primary aluminium production was over 5 million tonnes in 2017, while the sales were over 95 million units. By 2024, aluminium wire market revenue is slated to exceed US$ 65 billion. In this background of increasing aluminium market size globally over the past few years, India neither shied away from marking a stupendous growth in aluminium wire import in 2018. According to our...
According to Shanghai Metals Market, the alumina spot price has recorded further rise today, April 29, by RMB 26 per tonne to stand at RMB 2,750 per tonne. The alumina spot price started rising since April 22 and today marks the sixth consecutive growth. So, over the week, the alumina spot price ranged between RMB 2,675 per tonne and RMB 2,750 per tonne. This week-on-week growth takes the , higher than the price in the same period last month, which was at RMB 2,694 per tonne, but still down from the price in the contemporary period of February. In the east and central market, the alumina price has registered growth by RMB 20 per tonne each to peg at RMB 2,760 per tonne and RMB 2,750 per tonne, respectively. In the north and south, on the other hand, the alumina price has climbed by RMB 40...
