Emirates Global Aluminium (EGA) has strengthened its profitability despite a challenging nine-month period marked by operational disruptions, constrained exports and reduced aluminium production. The UAE-based producer reported an improved adjusted EBITDA margin for the first nine months of 2026, supported by higher realised aluminium prices, a stronger value-added product mix and cost-control measures. Meanwhile, the company is progressing with the restoration of its Al Taweelah facilities, expanding its international recycling footprint and advancing its global smelting technology partnerships. EGA recorded adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of USD 1.572 billion (AED 5.773 billion) during January-September 2026, compared with USD 1.738 billion...
Storvik has won a contract to operate and maintain the automated anode rod repair system at Alcoa's Mosjøen aluminium smelter in Norway. The agreement extends a partnership that began in 2016, when the company introduced its In-Line Rod Repair (ILRR) system at the plant. Storvik Mosjøen, a subsidiary of Storvik group will now handle the operation of the robotic repair line and maintenance of the anode yokes processed through it. Storvik Engineering built the system, with both companies working together on its installation and commissioning. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Anode rod assemblies are essential to primary aluminium...
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...Aluminum Aug moved upby 0.60% in the afternoon session due to short covering and lower stocks...
...Output in July was 55,000 tons higher than in the previous month, and 104,000 tons, or 5.3%, above output in July 2009...
...National Aluminium’s (Nalco) 1QFY2011 net revenue came in at Rs1,292cr, below our estimates of Rs1,459cr. However, net profit at Rs284cr was in line with our estimates of Rs279cr...
... When Kaiser Aluminum (NASDAQ:KALU) reported earnings 18 days ago on August 02, 2010, analysts, on average, expected the company to report earnings of $0.39 on sales of $280 million. The company actually reported EPS of $0.71 on sales of $282 million, beating EPS estimates by $0.32 and beating revenues estimates by $2 million. ...
... India August MCX aluminum futures likely to open higher, tracking 0.5% rise in LME select. ....
... Global aluminum production may outpace demand this year by more than predicted because of expansion led by China, the biggest supplier and consumer, said Japan’s third-largest trading house... Aluminum, used in cars, packaging and homes, has dropped by 7.9 percent London ....
... Buyers are hoping for a further cut in premiums for primary aluminium shipments to Japan in the fourth quarter, but suppliers may again prevent a sharp drop, citing the material's tightness and higher premiums outside Asia. ....
... LME aluminum prices fell sharply, and SHFE aluminum prices weakened as well. SHFE 1011 aluminum contract prices opened at RMB 15,450/mt, but later lost support and dipped to RMB 15,305/mt as Shanghai Stock Exchange Composite Index dropped by 1.7%. At the tail of trading, SHFE 1011 aluminum contract prices lacked upward momentum and finally closed at RMB 15,310/mt, ...
... LME aluminum prices opened at USD 2,080/mt, and later dipped gradually to USD 2,020/mt. At the tail of trading, LME aluminum prices reversed some losses supported by a weaker US dollar and after significant price declines, with prices finally closing at USD 2,040/mt, with a drop of 1.3%. ...
...The latest report released by World Bureau Of Metal Statistics (WBMS) showed that the global production rose in January to June by 18 per cent compared with the comparable period in 2009...
...Following formal approval from the board of directors and the Cabinet, the company had applied for the listing procedure with the Ministry of Industry and Commerce, which usually takes about 60 days to complete...
...The halt will last until an announcement is made or commencement of trading on 23rd August 2010...
...The last date for submission of bids is on Aug. 25, the official, who is close to the tender process but could not be named due to company policy, told Reuters...
... LME aluminum prices experienced larger declines than other base metals due to weak aluminum market fundamentals. LME aluminum prices opened at USD 2,125/mt, and then fluctuated in a narrow band during Asian trading period, but later dipped to USD 2,064/mt, and finally closed at USD 2,066/mt, down USD 39/mt ....
... SHFE aluminum prices slipped first but moved higher later. SHFE 1011 aluminum contract prices opened at RMB 15,510/mt in the morning session, but later dipped to RMB 15,415/mt due to weakening stock markets....
...In today's trading session, the shares of Reliance Steel & Aluminum Co. crossed above the 50-day moving average indicating a likely bullish trend...
... Aluminum Aug moved down by 2.21% during the session on weak Euro against Dollar and higher stocks...
...The assessment identified opportunities that would result in significant energy savings in some of the melting furnaces. By imple menting these opportunities, plant personnel were able to achieve significant natural gas savings...
