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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Slovenian Aluminium producer Talum generated EUR 327 million in net revenue and almost EUR 680,000 in net profit in 2019. General Manager Marko Drobnič has told: “More than EUR 290 million came from aluminium product sales with 87% of the sales made in foreign markets.” As an ultra-modern company,...
Ball Corporation reported net earnings of $23 million on sales of $2.8 billion in Q1, compared to $117 million net earnings on sales of $2.8 billion in 2019. The company’s comparable net earnings were $202 million, from comparable net earnings of $167 million last year. Ball said the results...
Novelis Inc., the world leader in aluminium rolling and recycling, announced fourth quarter and fiscal 2020 results. Net income stood at $63 million in Q4 FY 2020, down 39% from last year. For the full year, net income decreased by 3% to$420 million Excluding tax-effected special items, the company...
Century Aluminium Company, on Thursday, April 30, announced the first-quarter results of 2020, reporting a loss of 3 per cent in net sales from $435.5 million in Q4 2019 to $421.2 in Q1 2020. Shipments stood flat at 202,905 tonnes in Q1, compared to 202,870 tonnes in Q4 last year. Century reported...
Constellium reported results for the first quarter ended March 31, 2020. Revenue stood at €1.4 billion, down 6% year-on-year due to lower shipments and lower metal prices, partially offset by improved price and mix across all three segments. Shipments were 393 thousand tons, a decrease of 5% due to...
Norsk Hydro ASA has announced its first-quarter results of 2020, mentioning the growth of underlying EBIT from NOK 559 million during the same period last year to NOK 2,247 million. The successful ramp up of production at the Alunorte refinery, reduced costs, and positive currency effects are...
Aluminium Corp of China Ltd, known as Chalco, announced that the company’s net profit declined year-on-year on lower sales due to the coronavirus outbreak. The company’s net income came in at 30.7 million yuan in the first quarter of 2020, a drop of 93.1 per cent from 444.9 million yuan in the...
The Serbian aluminium rolling mill Impol Seval has made public that its net profit has dropped to Serbian Dinar 504.9 million ($4.7 million/4.3 million euro) in 2019 from Serbian Dinar 895.8 million dinars in the preceding year. The company's revenue went up 10.4% to Serbian Dinar13.8 billion,...
Aluminium du Maroc, specializing in the design and manufacturer of aluminium alloy profiles for building and industry in Morocco, stated in their financial result that its net profit in 2019 stood at MDH 60.1 million, an increase by 4.7% compared to 2018. This change is explained by the 2019...
Alcoa Corporation, in its first-quarter financial results on Thursday, April 23, announced that it would curtail the remaining 230,000 tonnes of uncompetitive smelting capacity at Intalco smelter in Ferndale, Washington, owing to the current downturn market conditions. The full curtailment,...
Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, has released its first quarter results of 2020, ending March 31. According to the report, Alcoa’s adjusted net loss improved from $57 million or $0.31 per share in the previous quarter to $42 million or $0.23 per share...
Aluminium du Maroc, created in partnership with Péchiney and the latter was absorbed first by Alcan and then by Rio Tinto. The company is supervised by a high level of engineers and it relies on the latest generation of technical equipment. The exceptional and the unprecedented circumstances linked...
ALRO Group, one of the largest vertically integrated aluminium producers in Europe, has announced its financial results of 2019, revealing a downfall in sales from RON 2.98 billion in 2018 to RON 2.78 billion in 2019, primarily as a result of unfavourable international and national market...
Emirates Global Aluminium, the world’s largest premium aluminium producer, has revealed its financial and operational reports of 2019, where it has mentioned that its revenue totalled at AED 20.5 billion ($5.6 billion) during the year. In 2018, EGA’s revenue was AED 23.5 billion ($6.4 billion),...
The manufacturer of high-performance aluminium cables in UAE, The Ducab Group, recorded a 5% gain in profits for 2019. The company, owned by Dubai and Abu Dhabi governments is yet to release the breakdown of the financials. Ducab, which operates six manufacturing facilities across four sites in the...
In 2019, the entire aluminium value chain industry saw a challenging environment. The average aluminium price on the London Metal Exchange declined from US$ 2,110 per tonne in 2018 to US$ 1,792 per tonne. As a result, Rusal’s revenue for the year ended December 31 recorded a decrease of 5.5 per...
United Company Rusal has announced its fourth-quarter and full-year results of 2019 ending December 31, revealing that its bauxite production in the fourth quarter stood at 4.026 million tonnes, up 2 per cent from 3.948 million tonnes in the third quarter. In the full year, the company’s bauxite...
Ess Dee Aluminium Ltd., which once acquired the three sick units of India Foils a decade ago, has capitulated to insolvency itself. The National Company Law Tribunal’s (NCLT) Kolkata bench has ordered the initiation of a corporate insolvency resolution procedure against Ess Dee Aluminium Ltd, once...
