Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
Leading recycled aluminium producer Norsk Hydro stock is attracting investor attention as its second-quarter (Q2) performance, aluminium prices and market outlook shape sentiment around the company. Hydro reported strong Q2 2026 profitability , backed by higher aluminium prices, product premiums...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium...
Grow with
AL Circle
Hindalco Q3 updates
Hindalco Industries may post muted growth in December quarter as it is still in the midst of ramping up production at its Hirakkud plant in Orissa, say analysts. According to a CNBC-TV18 poll, the Aditya Birla Group company is expected to witness 10.1%, quarter-on-quarter jump in sales to Rs 6730...
Fourth quarter aluminium performance down at Eurasian Natural Resource
FTSE 100-listed metal mining company Eurasian Natural Resources has acknowledged that its aluminium division operated below capacity in the fourth quarter of the year, whilst production of saleable copper declined against the corresponding period in the previous year. In the three months ended...
Century Aluminum Sets Date for Fourth Quarter 2012 Earnings Announcement
Century Aluminum Company (NASDAQ: CENX) will report fourth quarter 2012 earnings on Thursday, February 21st after the close of market trading. The news release will be issued through Marketwire. The company will hold a follow-up conference call on Thursday, February 21st at 5:00 p.m. Eastern time....
BHP Billiton and Rio Tinto set to post big profit falls
BHP Billiton and Rio Tinto are set to reveal that profits have slumped in their latest reporting periods, explaining why both the miners have made cost-cutting their No 1 aim in 2013. Rio leads the way on February 14 with its annual profit report. A 41 per cent plunge from $US15.5 billion ($14.8bn)...
Chalco about to report a ‘dramatic’ 2012 year-end loss
The Aluminium Corporation of China (aka Chalco) is preparing the industry for very bad news in the shape of a 'dramatic' loss for 2012. The Chinese aluminium giant is not having a good time of it, thanks largely to depressed aluminium prices, quality issues surrounding domestic bauxite and lower...
Kaiser Aluminum Upgraded to “Outperform”
Zacks upgraded shares of Kaiser Aluminum from a neutral rating to an outperform rating in a report issued on Tuesday. They currently have $66.00 target price on the stock. Shares of Kaiser Aluminum traded up 0.81% during mid-day trading on Tuesday, hitting $62.13. Kaiser Aluminum has a 52 week low...
NALCO's Q3 net profit jumps over two-fold
Aluminium major National Aluminium Company (NALCO) today reported more than two-fold jump in net profit to INR 118.94 crore for the quarter ended December on the back of improved sales. NALCO had reported a net profit of INR 51.22 crore for the corresponding period in FY'12. The total income of the...
BHP to write down nickel and aluminium units
Analysts expect BHP Billiton Limited to write down the value of its Australian aluminium and nickel assets by some USD 4 billion in February in response to the continued strength of the Australian dollar and weak aluminium prices which have undermined hopes for a short term recovery. The miner's...
Kaiser Aluminum Announces Fourth Quarter Conference Call
Kaiser Aluminum Corporation today announced that it plans to release its fourth quarter and full year 2012 financial and operating results on Tuesday, February 19, 2013 after the market closes. The Company will host its quarterly conference call on Wednesday, February 20, 2013 at: Kaiser Aluminum...
Alba increases Value-Added Sales in 2012
Aluminium Bahrain B.S.C (Alba) announced that despite challenging market conditions it was able to deliver higher Value-Added sales volume. For the full-year of 2012, sales figures remained almost stable at 890, 291 mt compared to 893,020 mt in 2011. Sales figures for the fourth quarter of 2012...
Alumina Limited Rating Lowered to Sell at Goldman Sachs
Alumina Limited was downgraded by Goldman Sachs from a “neutral” rating to a “sell” rating in a research note issued on Thursday. Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse upgraded shares of Alumina Limited from a “neutral” rating...
Board member Ratan Tata buys Alcoa shares after earning results
Alcoa Inc., the $9.5 billion market cap producer of aluminum, reported its earnings for the fourth quarter of 2012 earlier this month and the market's reaction was neutral. The stock price showed little change after the company announced that lower costs had helped it turn a profit, something it...
China Zhongwang signs USD200 million syndicated loan facility
China Zhongwang Holdings Limited, the second largest industrial aluminium extrusion product developer and manufacturer in the world and the biggest one in Asia and China, announced today the signing of a USD200 million three-year syndicated term loan facility with a consortium of 15 mainland...
Noranda Aluminum Stock Rating Lowered from a “neutral” to “underperform”
Noranda Aluminum Holding was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Tuesday. They currently have a $6.10 target price on the stock. Noranda Aluminum Holding traded down 0.31% on Tuesday, hitting $6.42. Noranda Aluminum Holding has a 52-week low...
Kaiser Aluminum Announces 20 Percent Increase in Quarterly Dividend Payment
Kaiser Aluminum Corporation today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.30 per share on the Company's outstanding common stock, representing a 20% increase over the prior quarter's dividend. The dividend will be payable on February 15, 2013 to...
Century Aluminum Company Stock Rating Lowered to 'sell'
CRT Capital downgraded shares of Century Aluminum Company from a fair value rating to a sell rating in a research note released on Thursday morning. They currently have $7.00 price target on the stock. Shares of Century Aluminum Company traded up 1.49% during mid-day trading on Thursday, hitting...
Aluminum price rise should help Alcoa in 4th Quarter
Analysts anticipate Alcoa Inc. will kick off the earnings season with improved results over the prior quarter, largely due to a 4-percent uptick in the price of aluminum on the London Metal Exchange. "Aluminum prices were higher sequentially. LME cash averaged $2,001 per tonne in the fourth quarter...
Sterlite Industries Q3FY13 to be unexpectedly weak and below expectations
Equity Bulls expects unexpectedly weak results from both Sterlite and HZL for Q3FY13E despite better LME realizations on both YoY and QoQ basis and this could surprise the street negatively in our view. They expect subdued results on account of: i) higher proportion of custom smelting volumes in...
