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
Chalco Swings to Profit in Third Quarter on Higher Metal Prices
Aluminum Corp. of China Ltd., the nation’s biggest producer of the metal, turned to profit in the third quarter after metal prices increased. The Beijing-based company, known as Chalco, posted net income of 555 million yuan ($87 million), compared with a net loss of 117.8 million yuan a year...
Sapa Profiles improves on N. American mart
Sapa Profiles, owned by Norway’s Orkla ASA, posted stronger year-to-date revenues thanks largely to its North American aluminum extrusion business. Sapa Profiles’ operating revenues totaled 18.9 billion Norwegian kroner ($3.48 billion) in the first nine months of 2011, up 17 percent.
Superior Industries (SUP) Posts Quarterly Earnings Results, Misses Estimates By $0.18 EPS
Superior Industries (SUP) announced its quarterly results on Friday. The company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.18. The company’s quarterly revenue was up 12.7% on a year-over-year basis. Shares of Superior Industries...
Century reports loss
Century Aluminium Co reported a net loss for Q3 of $6.6M, compared to a net loss of $16.8M for the year-ago quarter. The latest quarter results were positively impacted by a mark-to-market gain on forward contracts of $4.2M related primarily to aluminium put options. Cost of sales for the quarter...
Kaiser Aluminum (KALU) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Kaiser Aluminum (KALU) announced its quarterly results on Monday. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.01. The company’s quarterly revenue was up 22.4% on a year-over-year basis. On a related note, analysts at...
Sterlite Ind Q2 net down marginally at Rs 997.78 cr
Vedanta group firm Sterlite Industries today reported a little over one per cent decline in consolidated net profit at Rs 997.78 crore for the quarter ended September 30, largely due to foreign exchange losses. The company had reported a net profit of Rs 1,008.03 crore for the corresponding quarter...
Hero MotoCorp up on strong results; how will it play ahead?
The street gave a thumbs up to Hero MotoCorp ’s second quarter results as net profit accelerated better-than-expected 19.4% year-on-year to Rs 604 crore and sales rose a robust 28% to Rs 5,784 crore. The stock hit a high of Rs 2,086.25, up over 4% in morning trade. Auto sales have slowed down this...
NALCO pays final dividend of INR 112 crore
National Aluminum Company Limited, the Navratna PSU under the Ministry of Mines, Government of India has paid a total dividend amount of INR 257.72 crore for the financial year 2010 to 2011 which includes the final dividend of INR 128.86 crore at INR 0.50 per equity share on expanded capital ie 10%...
Alba Q3 sales up by 8pct beats forecast
Aluminum Bahrain sales volume for the Q3 surged 8.4% to 220,608 tonnes compared to 203,474 tonnes last year beating the company’s own forecast. Mr Laurent Schmitt CEO of Alba said that the production figures for the Q3 hit 222,552 tonnes up 5% compared to 211,854 tonnes last year. In addition, the...
The Aluminium Market Analysis, Financials and Forecasting 2011-2016
Our latest materials report The Aluminium Market Analysis, Financials and Forecasting 2011-2016 analyses this dynamic commodity and reveals prevailing trends and anticipates the progression in the global aluminium industry over the next five years. The report also surveys recent market trends among...
Vedanta Q2 aluminium output falls
Vedanta Resources Plc fiscal Q2 output at its Tuticorin smelter rose 28% while aluminum production fell 8%. Vedanta said that aluminum output fell 8% to 149,000 tonnes. London based Vedanta is in the final stage of completing its purchase of a majority stake in Cairn India Limited which will give...
Rusal Signs $4.75 Billion Loan, Was Seeking More
Russian aluminum giant United Co. Rusal (0486.HK) Thursday said it has signed a loan agreement of up to $4.75 billion with 13 international banks, but according to a document seen by Dow Jones Newswires, the company was asking for more. According to the document, after agreeing with the banks on...
Rio CFO: Eyes Non-Core Aluminum Asset Sales; Higher Ebitda Margin
Rio Tinto PLC (RIO) has identified assets within its aluminum business that could be sold off and is targeting a margin on earnings before interest, taxes, depreciation and amortization of 40% within its aluminum business, the company's chief financial officer said Tuesday. At the company's...
Tower Aluminium Raises N4.6bn to Finance Operations
Tower Aluminium Group has successfully raised N4.63 billion bond from the nation’s capital market under a N9 billion Medium Term Note(MTN) programme to finance its operations and enhance performance. The fund was raised after the completion of a book building exercise spearheaded by Dunn Loren...
Zhongwang seeks domestic safe haven
Although exports to the US have been severely hurt by anti-dumping measures on aluminum products, the company said its plan to shift focus to the mainland is starting to bear fruit. In August, China Zhongwang Holdings Ltd, Asia's largest manufacturer of industrial aluminum extrusion parts, reported...
Alumina shares bounce on increased dividend
Shares in Alumina Limited (ASX:AWC) bounced yesterday after the company said it would increase its dividend. In a half year update to shareholders Alumina said it will pay a fully franked final dividend of 2.8885 cents or 3 US cents per share, up from 2 US cents. The company also stated its Alcoa...
Noranda Aluminum Holding (NOR) Shares Upgraded by Zacks Investment Research to “Neutral”
Noranda Aluminum Holding (NYSE: NOR) was upgraded by equities research analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating in a research note issued to investors on Monday. Shares of Noranda Aluminum Holding opened at 10.26 on Wednesday. Noranda Aluminum...
Aluar in profit
Argentinian producer Aluar said it earned ARG761M ($180M) in fiscal year 2010/2011. The firm said among the reasons for the figure was a result of higher aluminium prices. In a letter to the Bolsa de Comercio de Buenos Aires to the results of its fiscal year ended June 30, 2011, Aluar said that in...
