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 has released the results for H1 2019 registering total shipments of 226,000 tonnes, up 10 % compared with H1 2018. Gerald Mayer, CEO of AMAG, comments: "We benefited from additional production capacity in the first half of the year. In the Casting Division, we grew shipment...
The US-based global aluminium producer Century Aluminium, on August 1, announced that its net sales for the second quarter of 2019 declined 3 per cent over the quarter to come in at $473.1 million. In Q1 2019, the company’s net sales were at $490 million. It reported a net income loss of $20.7...
Australian Bauxite Limited posted increasing sales of Tasmanian fertiliser-grade bauxite in its second quarter report. The company said in the report that superphosphate fertiliser made by acid processing bauxite from the Bald Hill Mine near Campbell Town gained strong sales. In early June, about...
Alcomet, a Bulgaria-based company that is principally engaged in the production of aluminium rolled and extruded products, reported a drop in non-consolidated net profit in the first half of 2019. Non-consolidated net profit stood at 5.5 million levs ($3.1 million/2.8 million euro) in H1, as...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced second quarter and first half 2019 results. For the second quarter 2019 , the company reported net sales of $375 million, from $415 million last year, reflecting an 8% decrease in shipments...
Alba announced its financial results for the second quarter and first half of 2019. The company’s top-line and bottom-line were primarily impacted by 21% year-on-year drop in LME price and partially offset by higher sales’ volume. Alba reported a total comprehensive loss of BD3.3 million (US$8.8...
Ardagh Group, a global supplier of infinitely recyclable, metal and glass packaging for the world’s leading brands, announced its results for the second quarter ended June 30, 2019. The Group’s revenue stood at $2,268 million in the three months period, down 3% year-on-year. On a constant currency...
Qatar Aluminium Manufacturing Company (Qamco) in the financial results declared that its net profit pegged at QR 5.2 million for the seven-month period ended on June 30, 2019. These results primarily represent the share of net profit in Qamco’s joint venture Qatalum. Qatalum is a successful primary...
Constellium today reported results for the second quarter ended June 30, 2019. For the second quarter of 2019 , the company reported shipments of 413 thousand tonnes, up 4% year-on-year on higher shipments in the Packaging and Automotive Rolled Products segment, partially due to the consolidation...
Aluminum Corp. of China Ltd. (Chinalco), the world’s largest aluminium group reported 40% YoY increase in profits during H1 2019 on Monday attributing its success to sweeping organizational reforms. Higher debt continues to remain a burden to the group. The company reported a profit of about RMB...
Norsk Hydro’s Chief Financial Officer Eivind Kallevik has attributed the slowdown in German auto and construction sector for the missed result expectations in the second quarter. This has lowered aluminium demand and dragged the sale of Hydro in this quarter. Share prices for the company however...
Norsk Hydro in the financial results of second quarter 2019 declared that its underlying earnings before financial items and tax stood at NOK 875 million, compared to NOK 2,713 million in the same period last year. This year-on-year fall in underlying earnings could be attributed to cyber-attack...
Gränges, a leading global supplier of rolled aluminium products for heat exchanger applications and other niche markets, reported sales volume of 92.9 ktonnes (99.1) in the second quarter of 2019. Net sales dropped to SEK 3,188 million (3,443). Adjusted operating profit stood at SEK 257 million...
Alcoa Corporation in the financial results of second quarter 2019 declared that its revenue stood at $2,711 million, compared to $2,719 million in Q1 2019. This indicates the company’s revenue remained flat quarter-on-quarter in Q2 2019. The net loss recorded at $402 million or $2.17 per share, in...
Aluminium Bahrain (Alba) reported a double digit increase in overall sales’ volume in Q2 2019 despite trade-tensions and the downward LME price graph. Alba, which is on the course to become the largest smelter in the world with the full ramp-up of Line 6 on 31 July 2019, has been steadily reporting...
Constellium announced the release of its 2018 Business and Sustainability Report, including progress towards 2020 sustainability targets. Jean-Marc Germain, CEO of Constellium, said: “Constellium has made great progress towards achieving its sustainability objectives. We are particularly proud of...
Norsk Hydro in the financial report of the first quarter of FY2019-20 reportedly posted that its underlying earnings before financial items and tax came in at NOK559 million, compared with NOK3147 million in the same quarter last year. This sharp decline in underlying earnings reflects lower...
Pacific Aluminium (New Zealand) Limited (PacAl NZ), a subsidiary of Rio Tinto, has reported its interest in the Tiwai Point smelter operated by New Zealand Aluminium Smelters Limited (NZAS). Smelter’s underlying earnings came in at NZ$22 million in 2018, down NZ$53 million from NZ$75 in 2017. This...
