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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AMAG Austria Metall AG announced that the first quarter of 2021 showed positive trends for the company, with revenue increased 1.95 per cent year-on-year to EUR 251.2 million. The company attributed the growth to a solid shipment volume of 98,500 tonnes and higher aluminium prices. However, about...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide announced first quarter 2021 results.Net sales increased to stand at $324 million, from second half 2020 run-rate of $264 million on higher shipments. On a yearly basis, net...
Hydro Energy and Hydro Extrusions business areas reported record quarterly results based on strong global economic recovery that boosted demand for renewable energy, aluminium, and aluminium products. According to the report released, Hydro’s primary aluminium production in Q1 2021 stood at 539,000...
The American industrial corporation and one of the global leading aluminium producer, Alcoa, has reported its best first-quarter performance in four years as demand heightened at the beginning of 2021. Wall Street prediction for Alcoa was averagely around $450.8 million, but the country’s largest...
On 11 th March 2021, metal magnate Sanjeev Gupta’s Alvance Aluminium Group stated that its French aluminium facilities have sought protection from creditors. The spokesperson said: “Alvance Aluminium Group entered voluntarily into ‘reconciliation proceedings’ supervised by a court-appointed agent....
Rusal’s primary aluminium and alloys sales in 2020 ended on December 31 stood at 3.926 million tonnes, reflecting a downfall of 5.99 per cent from 4.176 million tonnes a year ago. In the first half of the year ended on June 30, the sales hovered around 1.890 million tonnes, which improved by 7.7...
Rusal has announced its financial and operational results for the year 2020 ended on December 31, severely impacted by the COVID-19 pandemic, particularly the first months of the year that saw significant global market turmoil due to the virus outbreak. According to the report revealed by Rusal,...
On 16 th March 2021, Emirates Global Aluminium, UAE’s one of the largest industrial company and the world’s largest ‘premium aluminium’ producer, reported adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (adjusted EBITDA) of $1.13 billion for 2020, a 63% increase over 2019....
Hydro’s reported Underlying EBIT in FY2020 stood at NOK 6,051 million compared to NOK 3,359 million in FY2019 and NOK 9,069 million in FY2018. This reflects year-on-year growth of 80.14 per cent but a decrease of 33.28 per cent than in 2018. Underlying EBIT from bauxite and alumina stood 85.42 per...
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, held its first Annual General Meeting (AGM) through virtual platforms. The AGM approved the non-distribution of cash dividends to the shareholders and transfer BD9,755 Thousand - the Net Profit for the year-ended 31 December...
China Hongqiao Group reported record annual profits in 2020 on higher aluminium prices. The profit jumped 72.2% last year. Annual net income stood at 10.5 billion yuan ($1.62 billion) last year, according to Reuters report. Revenues came in at 86.14 billion yuan, an increase of 2.3% year-on-year...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide full year 2020 results. Net sales stood at $1,173 million compared to $1,514 million in the prior year period. Value added revenue dropped to $697 million from $856 million in...
Australia-based aluminium extruded product manufacturing company Capral Aluminium has reported its annual turnover for the 12 months of 2020 ended on December 31 at $432 million. Trading EBITDA stood at $19.7 million compared to $11 million in FY2019. For the second half of FY2020, Capral reported...
ALRO, one of the largest vertically integrated aluminium producers in Europe by production capacity, announced its preliminary consolidated financial results for FY2020, reporting a net profit of RON 329 million compared to a net loss of 67 million in the prior year and an EBIT higher by RON 300...
AMAG Austria Metall AG has reported its full-year 2020 results, significantly affected by the COVID-19 pandemic. After a satisfactory start to the first quarter of the year, considerable reductions in demand set in from the second quarter. However, a tangible recovery in the order situation was...
Press Metal Aluminium Holdings Bhd announced results for the fourth quarter and full year of 2020 The Group’s revenue was RM2.12 billion in Q4 2020 as compared to RM2.20 billion in Q4 2019, a decrease of RM81.00 million or 3.7% due to the lower extrusion products sales in Q4 2020. Profit before tax...
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy conductors and aluminium wire rods for use in power transmission and distribution applications, published financial results for the quarter ended December 2020. The company reported net sales of INR 13.67 crore in the quarter...
Arconic Corporation, an American industrial company specializing in lightweight metals engineering and manufacturing, announced its performance and financial results on February 23, 2021, revealing a 14 per cent year-on-year decline in aluminium sales to US$ 1.5 billion in the fourth quarter of...
