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 Indian state-owned integrated aluminium company National Aluminium Company (Nalco) has reported a 60.6 per cent rise in consolidated net profit to around $70 million (INR 557.91 crore) on a 52.9 per cent increase in net sales to $475.33 million (INR 3783.32 crore) in Q1 FY23 over Q1 FY22. In a...
On Monday, August 8, Maan Aluminium, an aluminium extruded product manufacturing company, has reported a financial result for the second quarter of 2022 ended June 30, revealing year-on-year increase of 43.46 per cent in net sales to INR 173.16 crore versus INR 120.70 crore. On a quarter-on-quarter...
Altech Chemicals Limited, one of the world’s leading suppliers of 99 per cent (4N) high purity alumina (HPA), has reported the updates on its Malaysian high purity alumina (HPA) project, highlighting KfW IPEX-Bank continues to render full support to the project and German government export credit...
The downstream sector of the aluminium industry is one of the most productive sectors, as its profiles move to the retail market for the manufacturers to build things for customers to use. This week the global aluminium downstream sector witnessed some prominent events. To begin with, Novelis...
According to news reports, the GFG Alliance-owned Lochaber aluminium smelter, also subject to a £586 million Scottish Government guarantee, counted a loss of more than £4 million in FY20-21. As part of the Government's agreement with GFG Alliance, the company has been required to meet specific...
On Wednesday, August 3, Novelis released the first quarter financial results for fiscal year 2023, reporting a 28 per cent year-on-year rise in net income attributable to shareholder to a record $307 million and a 1 per cent increase in net income from continuing operations to also at $307 million....
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry, has reportedly achieved record levels of revenue and earnings in the first half of 2022. As per the report published by the company, it has seen a growth of around 50 per cent in revenue from EUR 595.1 million in H1...
Hydro has announced strong financial performance for the second quarter of 2022 with a 39 per cent quarter-on-quarter hike in revenue from NOK 46,616 million to NOK 64,793 million. On a year-on-year basis, the revenue has reported a significant rise of 87 per cent from NOK 34,559 million. The...
On Wednesday, July 20, Alcoa Corporation reported an 11 per cent quarter-on-quarter increase in revenue to $3.644 million in its second quarter financial and operational results ended June 30, 2022. In Q1 2022, Alcoa’s revenue was $3.293 million, while in Q1 2021 was $2.833 million. Thus, on a...
Gränges, a supplier of rolled aluminium products for heat exchanger applications, reported strong outcomes despite the challenging environment. The company reported 93 per cent sales volume in the second quarter of 2022 (2Q2022), despite the harsh COVID-19-related lockdowns in China. The net sales...
On 1 st June 2022, the first Moroccan company specialising in the manufacture of aluminium alloy profiles Aluminium du Maroc reported a turnover of DH 213 million for Q1 2022, a sharp rise of 72% when compared to Q-o-Q for the same phase in 2021 Founded in 1976, Aluminium du Maroc exemplified that...
The globally integrated aluminium producer, Press Metal, with its largest presence in South East Asia recorded augmented sales and earnings for the first quarter till 31st March 2022. The firm’s revenue ascended to 86.6% Y-o-Y in 1Q 2022 to reach RM 3.92 billion, and the net profit heightened by...
On Thursday, May 26, Hindalco Industries Limited reported the consolidated fourth quarter and full-year financial results for 2021-22, revealing highest-ever profits. Its consolidated PAT peaked to a record high at INR 3,851 crore in 4QFY22, a 100 per cent growth year-on-year. In the entire year,...
On Wednesday, May 25, National Aluminium Company Limited (NALCO), the Navratna CPSE, announced its fiscal report for 2021-22, revealing robust performances and surpass of several milestones. The company said in a regulatory filing that it achieved the best ever annual production and sales during...
On May 16, Romanian integrated aluminium company ALRO S.A. released its Interim Condensed Consolidated Financial Statements for the first quarter of 2022 (1Q2022). ALRO, one of the largest aluminium producers in Europe, registered a turnover of RON 1.1 billion in the first quarter of 2022, up 48...
Aluminium Bahrain B.S.C. (Alba) announced its financial results for the first quarter (Q1) 2022. As per the results, Alba, the world’s largest single-site aluminium smelter outside of China, earned a profit of BD146.8 million (US$390.4 million) in Q1’22, which on a Y-o-Y value went up by 181% from...
Manaksia Aluminium announced its financial results for the period ending March 31, 2022. As per the data, the firm earned a total income of INR 128.9419 crores on March 31, 2022. On a Q-o-Q comparison, the price went down by 1.16 per cent from INR 130.4571 crores for the quarter ended December 31,...
Novelis Inc., the world’s leader in aluminium rolling and recycling, has announced its fourth quarter and full-year results of the financial year 2022. It has mentioned in the report a Y-o-Y hike of 21 per cent in net income from continuing operations for the quarter ended March 31 to $217 million,...
