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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The downstream aluminium segment witnessed variable production this week, with Aparna Enterprises planning to invest INR 150 crores in FY24 to expand operations and INR 50 crores in tile, RMC, and aluminium. The move reflects the company's commitment to meeting India's infrastructure needs....
When globally, we are witnessing a downfall in terms of revenue and profits in the aluminium industry, Luxembourg-headquartered metal waste recycling house Befesa has released its financial outcomes for H1 2023, which denotes some positivity to the sector. The company achieved cumulative revenue of...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, has announced its Q2 results for 2023, disclosing 405,628 tonnes of production, up by 9,085 tonnes from Q2 2022. Sales volume grew by 3,816 tonnes to stand at 392,258 tonnes. Value-added products accounted for 70...
The Romanian aluminium producer Alro, a prominent vertically integrated aluminium producer in Europe, has released its combined and individual financial outcomes for H1 2023, concluding on June 30th. During this period, the collective revenue of the organization declined to 1.55 billion RON, as...
Hindalco Industries Limited, one of India's biggest aluminium manufacturing companies, announced the first quarter results of FY2023-24 ended June 30, revealing a net profit of INR 2,454 crore, up by 1.75 per cent Q-o-Q from INR 2,411 crore, driven by a recovery in Novelis business. However, on a...
Last week, Novelis Inc. announced the first quarter results of the financial year 2023-24 ended June 30, reporting a 19.61 per cent decline in net sales year-on-year from $5,089 million to $4,091 million, driven by lower average aluminium prices and reduced flat rolled products shipments, although...
In the bustling city of Tokyo, Japan, the aluminium giant UACJ, which had long been known for its unwavering performance, the company experienced challenges in delivering the best results during the second quarter of CY23 (April to June 2023). The Japanese comprehensive aluminium manufacturer...
On Saturday, July 29, Manaksia Aluminium Company, one of the leading producers of aluminium sheet and coil, announced its quarterly financial results for the period ended June 30, 2023. The company reported a 24.32 per cent quarter-on-quarter downfall in total income from INR 121.1212 crores to INR...
The leading Bulgarian manufacturer of aluminium rolled and extruded products, Alcomet, reported a decline in standalone net profit to 3.7 million levs (1.9 million euros) during H1 2023. This represents a significant drop from the 16.8 million levs recorded in the corresponding period of the...
The global leader in the development and manufacturing of high-value-added aluminium products, solutions, and aluminium recycling, Constellium's packaging and automotive rolled products (P&ARP) segment in Q2 2023 that concluded on June 30 experienced a 7 per cent decline in y-o-y shipments,...
Soon Lian, a company listed on the SGX, anticipates reporting a consolidated net loss for the six-month period ending June 30. This contrasts the consolidated net profit achieved during the same period in the previous year. The expected loss is attributed to a decrease in sales revenue and an...
Vedanta Limited announced the first quarter financial and operational results ended June 30 of FY2024, revealing INR 33,342 crore of consolidated revenue, down by 10.43 per cent from INR 37,225 crore in Q4 FY2023 and 12.83 per cent less than INR 38,251 crore in Q1 FY2023. The fall could be...
On Friday, July 1, Norsk Hydro, one of the world’s largest aluminium companies worldwide, announced its financial and operational results for the second quarter of 2023. The company highlighted that it survived the weaker market and price pressure with strong extrusion margins and made good...
According to a recent report, JP Morgan Chase & Co. has increased the target price for Kaiser Aluminum from $69.00 to $70.00 for the semi-fabricated aluminium producer’s robust performance in Q3 earnings. As per the report, Kaiser Aluminium reported earnings per share (EPS) of $0.42 for Q2 2023,...
Gränges, a leading supplier of rolled aluminium materials, announced its second quarter and first half results of 2023, which reflected a survival amidst an overall economic slowdown and narrow demand for the metal. As per the results published, Gränges’ sales volume in Q2 dropped by 1.7 per cent...
On Tuesday, May 30, MAAN Aluminium, one of the pioneers in the aluminium extrusion industry in India, announced its financial results for the March quarter of 2023, whereby it reported net sales of INR 262.87 crore, up by 38.63 per cent quarter-on-quarter from INR 189.62 crore . On a year-on-year...
As per the latest Form 13F filing by the Securities and Exchange Commission (SEC), HRT Financial LP has acquired 23,537 shares of Kaiser Aluminum Co., amounting to a value of $1,787,000. At the end of the 4th quarter, this purchase represented approximately 0.15% of the total stock holdings of the...
National Aluminium Company Limited, an integrated aluminium company under the Ministry of Mines, has announced its financial results for FY2022-23. The company posted a net profit of INR 495 crore for the March quarter compared to INR 256.32 crore in the December quarter. That reflected an increase...
