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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On 19th July 2021, the organizations that emerge for their financial performance during 2010-2020 were honoured at the Awards Ceremony for the Greek business, "Protagonists of the Greek Economy", organized for the sixth time by the Direction Business Network. The awards were honoured based on the...
On Friday, July 16, Alcoa Corporation reported the highest profitability since inception in 2016 with record quarterly net income and earnings per share, attributing to strong aluminium pricing with improved customer demand, stable operational performance, and additional cash generation through...
On Wednesday, July 14, Vedanta reported that its aluminium production totalled 549,000 tonnes in the first quarter of FY2022 ended on June 30, 2021. That was an increase of 17 per cent from 469,000 tonnes in Q1 FY2021. As per the report released by the Company, the cast metal aluminium production...
The week remained quite less hyper for the end-user segment, although small economies have shown better results than larger economies, as Sri Lanka’s largest cable manufacturer ‘Sierra Cables Group’ escalates all-time financial result in FY21 and on the other hand French Polynesia’s import of...
On 28th June 2021, National Aluminium Co Ltd (Nalco), one of the largest integrated primary producers of aluminium in Asia has reported a nine-fold leap in consolidated profit at INR 935.74 crore for the quarter ended 31st March 2021, powered by strong operational performance and favourable prices....
Sri Lanka’s largest and the most outstanding aluminium and copper cable manufacturer with footprints in international markets has recorded an escalation in all-time revenue generation of Rs. 5.2 billion, an upswing by 7% from the previous year. The Group also booked the highest ever profit after...
Manaksia Aluminium Company Limited, a producer of aluminium rolled products in coil and sheet form, has reported an increase of 35.14 per cent in its total income in the fourth quarter of fiscal 2021 ended on March 31. From INR 66.70 crore in Q3, Manaksia’s total income in Q4 rose to INR 90.14...
Maan Aluminium reported sales of INR 163.27 crore in the March quarter 2021, up 65.74% from INR 98.51 crore during the previous quarter ended March 2020. Net profit jumped by 533.73% to stand at INR 5.26 crore in March quarter 2021. The company had reported net profit of INR 0.83 crore in March...
New Zealand’s only aluminium smelter, NZAS has a reported loss and a large write-down of its assets at a time when aluminium prices are recovering. Pacific Aluminium, a joint venture between the Anglo-Australian multinational Rio Tinto holding 79.36% stake in NZAS, and the Tokyo-based Sumitomo...
Press Metal Aluminium Holdings Bhd reported that its net profit doubled in the first quarter of 2021, bolstered by record-high aluminium prices. The company expects the global economy to revive further to drive demand, keeping selling prices at elevated levels. In the first three months of the year...
The Indian aluminium and copper manufacturing company, Hindalco industries registered a whopping 189% Y-o-Y growth in consolidated profit at INR 1,928 crore in the March 2021 quarter, powered by Novelis and India aluminium business. In Q4FY21, the consolidated revenue was at INR 40,507 crore,...
Europe’s one of the biggest, most modern and constantly developing manufacturers of secondary aluminium casting alloys and primary alloys, Alumetal has confirmed from the beginning of the Q4 2020, the metal company is hopeful about the market situation, which has developed an impact on the level of...
Novelis announced net income attributable to its common shareholder of $176 million in the fourth quarter of fiscal year 2021, and net income from continuing operations of $180 million, with a year-on-year increase of 179 percent and 186 percent, respectively. For the full fiscal, net income...
The leading Bulgarian manufacturer of aluminium rolled and extruded products Alcomet announced that in Q1, it revolved a standalone net profit of 171,000 levs or $106,300 or €87,430 when compared to a net loss of 772,000 levs in the same period in 2020. The aluminium manufacturer’s revenue rose to...
On Wednesday, May 5, Century Aluminum Company posted its quarterly reports announcing that its primary aluminum shipments in the first quarter ended on March 31, 2021, grew marginally by 757 tonnes to 195,697 tonnes. In Q4 2020, Century Aluminum’s shipments clocked in at 194,940 tonnes. Despite the...
Aluminium Bahrain announced a Profit of BD52.2 million (US$138.8 million) for the first quarter of 2021, up by 807% from BD5.8 million (US$15.3 million) for the same period in 2020. Revenue in Q1 2021 stood at BD302.7 million (US$805.1 million), from BD275.9 million (US$733.8 million) in Q1 2020....
On 28 th April 2021, Qatar Aluminium Manufacturing Company (Qamco) posted a net profit of QR124 million for the first quarter (Q1 2021). This is considered as a record increase ever in the history of organization for quarterly performance as it crossed over 1000% compared to QR11 million Y-o-Y....
Constellium reported revenue of €1.3 billion for the first quarter ended March 31, 2021, a decrease of 7% year-on-year due to weaker price and mix and lower aerospace shipments, partially offset by higher metal prices. Shipments decreased by 2% to 385 thousand tons on lower shipments in the...
