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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Constellium NV, a European value-added aluminium company, launched its fourth-quarter and full-year 2021 results this week. Despite the persisting market challenges brought on by the global COVID-19 epidemic, Constellium's financial result for both the quarters were good. Shipments of 385 thousand...
On Thursday, February 24, Century Aluminum announced its fourth quarter and full-year 2021 results, revealing the net income of $60.4 million for Q4 versus $52.4 million a quarter ago. That was a quarterly increase of 15.27 per cent on higher shipments from 196,095 tonnes to 200,961 tonnes. Net...
The distressed metal tycoon, Sanjeev Gupta's GFG Alliance owned UK's last aluminium smelter has stated that investment plans for the Lochaber-based factory are on track, despite concerns that they have failed to publish accounts for their Highlands firms. As it concludes accounting for Alvance...
Freight prices may continue high for the remainder of 2022, eroding margins that helped Alumina Limited post a more than 28% increase in annual earnings last year. The net profit for the year ending December 31 increased to $US187.6 million ($260.7 million) from $US146.6 million the previous year....
Norsk Hydro, a Norwegian aluminium producer, posted record quarterly and yearly earnings on Tuesday, owing to a boom in global commodity prices, and indicated its dividend payout for 2021 will more than quadruple. In the October-December quarter, adjusted profits before interest, taxes,...
The year 2021 instituted an immensely optimistic result for the Salzburger Aluminium Group, an Austrian family business with 1100 employees worldwide. The market leader for aluminium tanks for trucks, despite challenging situations spawned by the Covid pandemic, supply chain problems, the...
The global aluminium industry’s downstream segment is regaining its earlier form gradually, as the week observed Fehrmann Tech Group on-boarded 3D printing intellects to support its further expansion, The Austrian metal company AMAG revealed high in its earnings for FY2021 shouldering on aluminium...
On Thursday, February 17, AMAG Austria Metall AG announced its FY2021 financial results, reporting record earnings and growth in revenue due to stable production, high productivity, and attractive market environment in the primary aluminium sector. Revenue in the entire year stood at EUR 1,259.4...
In its recent half-year results, Orora, one of Australia's main packaging suppliers, recorded increase in sales and profits from ordinary activities, despite the impact of rising aluminium prices on its Australasian business. The firm, which manufactures aluminium cans and glass bottles, reported...
This week saw releases of quarterly and full-year operational and financial reports by some leading primary aluminium producing companies like Rusal from Russia, Alba from Bahrain, and NALCO from India. Rusal reported a 1 per cent quarter-on-quarter growth in its aluminium production to 953,000...
After the third quarter, analysts kept their 'buy' calls on Hindalco Industries Ltd., noting a surge in aluminium prices, a shift in focus from deleveraging to growth potential, and the addition of Brownfield smelting capacity. In the quarter ended December, India's largest aluminium manufacturer...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, has reportedly launched its four-quarter and full-year 2021 financial results, whereby it has declared a profit of BD181.2 million (US$481.9 million) for 4Q2021. That was an increase of 466 per cent from a profit...
The leading auto component manufacturer Endurance Technologies reported that the company’s profit after tax (PAT) reduced to half, which amounted to INR 94.6 crore in the December quarter (Q3FY22) due to infirm operational performance. The aluminium auto parts & equipment company had posted a PAT...
On Monday, February 7, Novelis Inc., the world leader in aluminium rolling and recycling, announced its 3QFY2022 financial and operational results ended December 31, 2021, whereby it revealed the net income attributable to common shareholder at $262 million. That was year-on-year increase of 48.86...
The Indian state-owned National Aluminium Company (NALCO) has reported that its consolidated net profit excelled from 246.53% to INR 830.67 crore on an up-rise of 58.62% in net sales to INR 3773.26 crore in Q3 December 2021 in comparison to Q3 December 2020. The Profit before tax elevated 271.47%...
The Doha based highly profitable producer of aluminium, Qatar Aluminium Manufacturing Company (Qamco) has booked an almost nine-fold year-on-year leap in net profit to QR835 million in 2021, rendering into earnings-per-share (EPS) of QR0.15. Qamco board has recommended a total annual dividend...
Golkonda Aluminium Extrusions, which was formerly known as Alumeco India Extrusion Ltd has reported its standalone financial results for December 2021 quarter with an 83.87% downfall in net profit to INR 0.10 crore as against INR 0.62 crore during the existing quarter ended December 2020. The...
Kaiser Aluminum Corporation (NASDAQ:KALU) stated today that its Board of Directors has declared a quarterly cash dividend of $0.77 per share, up 7% from the previous quarter's payout. The dividend will be paid on February 15, 2022 to stockholders who were on the books on January 24, 2022 at the...
