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...
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Novelis reports strong second quarter fiscal year results
Novelis Inc. reported net income attributable to its common shareholder of $120 million for the second quarter of fiscal 2012 compared to net income of $62 million for the same period in fiscal 2011. Shipments of aluminum rolled products totaled 720 kilotons for the second quarter of fiscal 2012, a...
The Dark Clouds Looming Over Alcoa And Aluminum
Alcoa Inc. (AA), the global leader in the aluminum market, has experienced difficult times despite slight improvements in the past two years. With the housing market crashing in the U.S., many manufacturers of products utilized in new construction, including aluminum, were hurt severely. The...
Alcoa: Ready to test its metal in 2012
When Alcoa (AA -3.18%) reported earnings in October, CEO Klaus Kleinfeld told investors, "Alcoa is a confident company in a nervous world. We are well prepared for whatever lies ahead, with more cash on hand, lower debt and continued focus on profitable growth." It would be natural to write off...
Cymat narrows loss compared with year ago as sales grow to $1.1 million
Aluminum foam maker Cymat Technologies Ltd. (TSX:CYM) reported in a loss in its latest quarter even as revenue shot higher with the completion of a key contract. The company said Wednesday it lost $603,000 or a penny per share in the quarter ended Oct. 31 compared with a loss of $1.6 million or two...
Difficult Financial Future possibility for UC Rusal
The decision to shut down the electrolytic production process at Bogoslov Aluminum Plant in the Sverdlovsk region could be seen as the beginning of the end for UC RUSAL. The company is mired in debt, its revenues and operating margin are declining, and the financial statements of its biggest...
Update - Metal fatigue: Rio Tinto set for $5bn writedowns
RIO Tinto could be facing more than $US5 billion of writedowns in February on its ailing aluminium and diamond businesses, on top of up to $US750m wiped from analysts' full-year profit forecasts. Analysts sliced up to 5 per cent from 2011 full-year profit estimates for Rio after executives told the...
Midas announces Q3 2011 profit attributable to shareholders of CNY 27 million
Midas Holdings Limited announced its financial results for the 3 months and 9 months ended September 30th 2011. Group revenue rose 4.6% from CNY 248.0 million in the 3 months ended September 30th 2010 to CNY 259.3 million in Q3 2011. The Group's Aluminum Alloy Division recorded 5.0% increase in its...
Latest Q4 2011 Figures for the Aluminum Die-Casting Foundries Industry in the U.S. and its International Trade
Research and Markets has announced the addition of Supplier Relations US, LLC's new report "Aluminum Die-Casting Foundries Industry in the U.S. and its International Trade" to their offering. This latest 2011 Aluminum Die-Casting Foundries Industry report provides the most updated market research...
Nalco Q2 FY2012 performance highlights and results update
Nalco Q2 FY2012 profitability was significantly below our expectations on account of higher than expected raw aterial and power and fuel costs. We have a Neutral view on the stock. Higher realization leads to net sales growth: For Q2 FY2012, Nalco’s net sales grew by 8.9% YoY to INR 1,584cr mainly...
Kaiser Aluminum has the Highest EBITDA Growth in the Aluminum Industry
Kaiser Aluminum is highest with EBITDA growth of 90.2%.Kaiser Aluminum Corporation produces alumina among other aluminium products.The Company also supplies alumina in domestic and international markets. Kaiser Aluminum has potential upside of 31.3% based on a current price of $46.73 and analysts'...
Global Alumina Releases Third Quarter 2011 Results
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the ""Project""), announced today its financial and operating results for the three and nine month...
Novelis Q2 profit nearly doubles on higher prices
Novelis, the U.S. unit of India's largest aluminium producer HindalCo Industries Ltd , said its second-quarter profit nearly doubled on the back of higher average aluminum prices. The Atlanta-based aluminum products maker, however, cut its adjusted EBITDA forecast for fiscal 2012 due to the...
REFILE-UPDATE 3-Vedanta H1 hurt by aluminum losses
Losses in its aluminium business and a weakening Indian rupee hit India-focused miner Vedanta Resources' half-year profits, outweighing the effect of higher revenue across the group. Vedanta said its underlying attributable profit dropped more than 34 percent to $186.3 million, below expectations...
CSR shielded for hard times, says Sindel
BUILDING products and aluminium company CSR today reported that profit for continuing operations in the first half of the financial year jumped 13 per cent to $34.9 million, a result helped by the sale of its Sucrogen unit. Net profit before one-time items jumped 14 per cent on an annual comparison...
Sundaram Clayton net rises 73% on higher exports
Buoyed by increase in volume of business from the export markets, aluminium die-castings manufacturer Sundaram Clayton has posted a 73 per cent year-on-year increase in second quarter net profit at Rs 16.39 crore. Net sales for the quarter rose 27 per cent to Rs 240.79 crore, over the corresponding...
Montenegrin KAP net loss declined by 42 percent on the year
In the first three quarters of this year, the companies run by Russia's Central European Aluminium Company (CEAC), the Bauxite Mines of Niksic and Aluminium Plant Podgorica, pared their losses to EUR8.63 million and EUR22.65 million, respectively, ISI reports. According to a report, published on...
NALCO to announce Q2 results on Nov 12, 2011
A meeting of the Committee of Directors of National Aluminium Company Ltd is scheduled to be held on November 12, 2011 to take on record the Unaudited Financial Results for the quarter ended September 30, 2011 (Q2). The stock was trading at Rs.62.55, down by Rs.0.60 or 0.95%. The stock hit an...
Alba posts strong results
Demand for aluminium across markets proved to be more resistant to the recent turmoil than other base metals in the third quarter of the year, Alba chief executive Laurent Schmitt said. "Aluminium demand maintained a healthy growth and proved to be more resistant to the recent turmoil than other...
