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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Superior Industries to Report 2011 Second Quarter Financial Results and Host Conference Call on Friday, August 5, 2011
Superior Industries International, Inc. (NYSE:SUP) today announced that it plans to release financial results for the fiscal second quarter ended June 30, 2011 before the market opens on Friday, August 5, 2011. Superior has scheduled a conference call that same day at 10 a.m. PT (1 p.m. ET) to...
Novelis to Host First Quarter Fiscal Year 2012 Earnings Conference Call on Tuesday, August 9
Novelis Inc. will report its earnings for the first quarter of fiscal year 2012 on Tuesday, August 9, 2011. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live web and audio conference call for...
Aleris to Announce Second Quarter 2011 Earnings on August 8, 2011
Aleris will announce second quarter 2011 earnings on Monday, August 8, 2011. The Company will host a conference call that day to discuss earnings results at 11 a.m. Eastern Daylight Time. Aleris is a privately-held, global leader in aluminum rolled products and extrusions, aluminum recycling and...
Alba sales up, but net income down
Aluminium Bahrain reported a Q2 rise in sales earnings but net income was down for the period. Sales reached $645M in Q2 2011 as compared to $534M in Q2 2010 while net income fell nearly 22% to $185M from 237M in the corresponding period the year before. It blamed unrealised derivative gains for...
Nanping Aluminium Operates Well in the First Half Year
Nanping Aluminium and its holding enterprises in Fujian province have achieved 2.76 billion Yuan of the gross industrial output increases by 40.7%. Headquarter of Nanping Aluminium alone accounts for 48.6% industrial output value, namely 1.67 billion and has obtained 12,080,000 Yuan profits as well...
Rio interim profit tipped to exceed $US8b
A cashed-up Rio Tinto is expected to post a first-half net profit of more than $US8 billion ($A7.3 billion), driven by bumper iron ore, aluminium and copper prices.
CENTURY ALUMINUM IS SCHEDULED TO REPORT ITS QUARTERLY RESULTS IN 3 DAYS
Analysts, on average, expect Century Aluminum (NASDAQ:CENX - Snapshot Report) to report earnings of $0.26 per share on sales of $364 million on August 04, 2011. For the full year, analysts expect the company to post EPS of $1.35. In the year-ago period, the company reported EPS of $0.16 on sales of...
Bahrain Aluminum Q2 Net Falls 21.9% on Derivatives
Aluminum Bahrain (ALBHBq.L: Quote) (Alba), which owns the world's fourth-largest aluminum smelter, saw its second quarter net income fell 21.9 percent due to unrealised derivative gains, a statement said on Monday. Bahrain was rocked by months of anti-government protests which began in February....
Alba Reports Q2 2011 Results
Q2 2011 Industry Highlights: Aluminium demand continues to remain healthy while benefiting from being one of the less sector-dependent base metals. Solid demand in Asia despite earthquake in Japan, increased industrial production in Europe, and demand in MENA region being driven by investments in...
Citigroup Upgraded Noranda Aluminum Holding Corp To Buy (NOR)
Citigroup upgraded Noranda Aluminum Holding Corp. (NYSE:NOR) to buy from hold, with a $19 price target. The bank sees 2011 EPS of $1.63, vs. consensus estimates of $1.51 per share, and 2012 EPS of $1.80, vs. consensus estimates of $1.65 per share. Noranda Aluminum has a potential upside of 19.7%...
Reliance Steel 2Q profit rises
Reliance Steel & Aluminum Co. said Thursday that second-quarter profit surged more than 60 percent on demand for its products by companies in energy, farming, aerospace and other industries. CEO David H. Hannah said sales volume and pricing "held up reasonably well" considering that mill prices for...
Hulamin - June interim results
Hulamin’s interim results to June could have been brilliant. Setting the scene were two key props : sharply higher production and lower costs. Spoiling the show , as it has done for over two years, was a strengthening rand, which prevented the aluminium product manufacturer from performing anywhere...
Accumulate Sterlite Ind; target of Rs 203: Emkay
Emkay Global Financial Services is bullish on Sterlite Industries (India) and has recommended accumulate rating on the stock with a target of Rs 203 in its July 25, 2011 research report. “Base metals prices though slipped slightly on QoQ maintained fair strength during the quarter. This supported...
TOR Minerals Reports Record Revenue and Net Income for Second Quarter 2011
TOR Minerals International (Nasdaq: TORM), producer of synthetic titanium dioxide and color pigments, specialty aluminas, and other high performance mineral fillers, today announced its financial results for the second quarter ended June 30, 2011. Highlights for the second quarter of 2011 as...
Energy costs hit AWC earnings
Australian group Alumina Ltd (AWC) has warned that higher energy and raw material costs, and the strong dollar, are continuing to take the shine off the earnings boost from higher alumina and aluminium prices.
Hulamin: A company on the mend
Since listing on the Johannesburg stock exchange (JSE) in 2007, Hulamin (JSE:HLM)’s share price has gone one way – down. But the end of the fall may now, finally, be in sight for the SA producer of semi-finished and fabricated aluminium products.
Sterlite Industries
Improved performance on higher volumes and realizations Sterlite Industries reported impressive results for the quarter ended June 2011 with a 63% increase in bottomline on a consolidated basis at Rs. 1639.73 crore on a 66% increase in topline at Rs. 9860.70 crore backed by higher metal prices and...
Eliminating benefits boosts Century's profits
Eliminating health coverage to retirees from its idled Ravenswood plant has once again boosted Century Aluminum's profits, the company said. Changes Century made to its West Virginia retiree health care program boosted profits by $11 million in the second quarter, the company said in a statement.
