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 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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BNP Paribas Arbitrage S.N.C., a global leader in financial services, has reportedly reduced its share position in Kaiser Aluminum Co. by 26.4 per cent in the second quarter of 2023. The investor has sold 2,681 shares of Kaiser Aluminum and owns 7,475 shares. BNP Paribas’ holdings in Kaiser Aluminum...
On Tuesday, November 28, Press Metal Aluminium Holdings published its third quarter fiscal report, showing a lag from the consensus forecasts. Nonetheless, market analysts have maintained their recommendations on the company, with expectations that aluminium prices will remain subdued. Press Metal...
Aughinish Alumina, a bauxite processing firm at Limerick in Ireland owned by the Russian aluminium giant Rusal, reported a loss of 167 million U.S. Dollars in the last year, as per the newly filed accounts. This is a decrease from the 378 million U.S. Dollars loss in 2021. The Irish operation on...
Hind Aluminium Industries Limited announced its second quarter financial results ended September 30, 2023, whereby it posted a plunge of 65.96 per cent in net sales year-on-year from INR 1.41 crore to INR 0.48 crore. However, on a quarter-on-quarter calculation, the net sales in Q2 registered an...
Arab Aluminium Company (AAC), an Egypt-based company specialised in extruding aluminium profiles for architectural and industrial applications, announced its financial results for the first nine months of 2023 (ended September 30). According to Arab Aluminium’s financial indicators filed to the...
On Monday, November 13, ALRO S.A., one of Europe's largest vertically integrated aluminium producers by production capacity, announced its third quarter and the consolidated nine-month results of 2023. The Group reported its net sales of RON 682.8 million for Q3, down by 7.70 per cent from RON...
Hindalco Industries records a dip from the previous year but maintains a robust performance, positioning for growth, and announces an Rs 8,000 crore investment in a greenfield alumina refinery in Odisha. Hindalco Industries announced its second-quarter financial results for the fiscal year 2023-24,...
Aluminium Bahrain B.S.C. (Alba) has announced its third quarter financial results for 2023, whereby it disclosed a profit of BD17.3 million ($46 million), down by 64 per cent from the last year due to poor LME prices and lower premiums. The company’s revenue also edged a fall Y-o-Y from BD403.2...
On Thursday, November 9, National Aluminium Company (NALCO), a Navratna CPSE Indian metal and mining company, announced its second-quarter fiscal results of FY2023-24, whereby it reported nearly 50 per cent rise in profit to INR 1.87 billion ($22.45 million) from INR 1.25 billion a year ago....
Novelis Inc., an American industrial aluminium company specialised in rolling and recycling, announced its second quarter results for FY2023-24, disclosing net sales fell by 14.6 per cent Y-o-Y from US$4.8 billion to US$4.1 billion. A dip in aluminium flat rolled product shipments to 933,000 tonnes...
The downstream sector plays a crucial role in the aluminium industry's profitability and overall contribution to the global economy, and as a result, it is regarded as the most important in the aluminium industry because it adds significant value to the raw aluminium produced in the upstream stage....
On the eve of October 27, a few leading Chinese aluminium companies announced their third-quarter results, revealing a year-on-year drop in revenues and net profits. For instance, Shandong Nanshan Aluminium earned RMB 21.69 billion in revenue in the first three quarters of 2023, down by 18.24 per...
China’s leading aluminium companies have unanimously reported a downfall in operating income for the first three quarters of 2023. Risen operation costs of aluminium smelters driven by domestic alumina price hikes could be attributed to the drop in operating income. After over a year, in late...
On October 25, 2023, the American multinational corporation and leading global aerospace company Boeing announced its Q3 results, revealing a loss of $1.64 billion for the period ending on September 30, attributed to reduced deliveries of its top-selling aircraft. The company also revised down its...
AMAG Austria Metall AG has reported its latest financial results till September 30, 2023, highlighting stable earnings with revenue above EUR 1 billion, even amid global inflation and decelerating aluminium prices. Although the revenue during the first nine months of 2023 saw a drop of 15.6 per...
Constellium SE has announced the third quarter results ended September 30, 2023, revealing a fall in revenue attributed to demand headwinds in several end-user sectors. Heavy inflation also threw a challenge to the company, pulling down its Q3 revenue by 15 per cent year-on-year to €1.7 billion....
Crown Holdings, one of the world's largest aluminium can manufacturers, recently announced their financial results for Q3 ending 30 September 2023. As per the reports, higher beverage can volumes in North America and favourable foreign currency translation of $60 million contributed to the third...
Lower extrusions and recycling volumes, coupled with bearish alumina and aluminium prices, led to a bigger-than-expected drop in Norsk Hydro’s financial output in the third quarter of 2023 ended September 30. On Monday, October 23, Hydro released its Q3 CY2023 fiscal report, announcing a 15 per...
