Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
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 H1’26: Profit jumps 166%, driven by aluminium prices, green power
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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Manaksia Aluminium reports net loss of INR 12.4 million for the year ended 3lst March, 2018
Manaksia Aluminium Company Limited has released the financial results of for the year ended 3lst March, 2018. March quarter net loss stood at INR 5.9 million rupees in comparison with the total profit of INR 5.8 million a year ago. March quarter revenue from operations stood at INR 473.4 million in...
Novelis reports increase in net sales in FY 2018 driven by higher shipments of premium products
Novelis Inc., the world leader in aluminium rolling and recycling, reported record results for the fourth quarter and fiscal year 2018. The company reported net income of $106 million for the fourth quarter and $635 million for the full year. The increase is driven by its focused strategy to...
Vedanta reports 22% YoY revenue growth for FY 2018 on account of the capacity boost at Aluminium
Mining conglomerate Vedanta Ltd. has announced its unaudited consolidated results for the fourth quarter of the financial year 2017-18, as well as the full financial year ended March 31, 2018. According to the results, the company has witnessed 22 per cent increase in year-on-year revenue closing...
Century Aluminium reports decrease in shipments in Q1 2018
Century Aluminium Company, a global producer of primary aluminium, reported a net loss of $0.3 million for the first quarter of 2018. The adjusted net loss for the first quarter of was $3.5 million compared to adjusted net income of $24.8 million for the fourth quarter of 2017. Sales for Q1 2018...
Higher aluminium price lifts Q1 2018 revenue of AMAG Austria despite lower shipment
AMAG Austria, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products reported results for Q1 2018. The market environment was positive during the first months of 2018; despite various developments like US import tariffs on aluminium, alumina production cut at...
Alba’s Q1 2018 net income surges by 32% YoY to BD 33.8 million
Aluminium Bahrain B.S.C (Alba) presented its financial results for the First Quarter of 2018. The Company’s top-line and bottom-line performance for the first quarter of 2018 were driven primarily by 17% YoY increase in LME prices coupled with favourable management performance. Alba Total Sales...
Arconic reported improved revenue in Q1 2018; net income drops due to higher aluminium prices
Arconic Inc. reported revenues of $3.4 billion for the first quarter 2018, up 8% year over year. Organic revenue was up 4% year over year, driven by higher volumes in the aerospace engines, automotive, commercial transportation, building and construction, industrial and defence markets. Net income...
Kaiser Aluminium’s semi-fabricated products shipments up in Q1 2018
One of the world’s leading semi-fabricated aluminium producer Kaiser Aluminium Corporation announced financial and production results for the first quarter of 2018. The company reported net income of $26 million in Q1 2018, from $36 million in the same period previous year. “First quarter 2018...
Kobe Steel posts 63.19 billion yen profit in FY2017; aluminium & copper sale increases 8.1%
Kobe Steel announced consolidated financial results for fiscal 2017. The reported profit of 63.19 billion yen for the year ended March 31, from a loss of 23.05 billion yen a year earlier. Net sales increased more than 10 per cent to 1.9 trillion yen in FY2017. “Solid demand in steel, aluminium and...
Constellium Q1 2018 EBITDA up 26% on improved performance in all business segments
Constellium published results for the first quarter ended March 31, 2018. The company reported revenue of €1.4 billion in Q1 2018, up 4% compared to the first quarter of last year due to higher shipments and aluminium prices, partially offset by foreign exchange translation. Adjusted EBITDA...
Alcoa reports net income of $150 million in first quarter of 2018
Alcoa Corporation, the leading global conglomerate in bauxite, alumina and aluminium, reported first quarter 2018 results that show resilient profitability amid lower alumina prices earlier in the year. The company closed the quarter on March 31, 2018 with $1.2 billion cash, down $162 million...
Vedanta reports record aluminium production in Q4 and FY 2018 driven by successful smelter ramp ups
Vedanta Resources reports record aluminium annual production at 1.7 million tonnes for the Full Year ended 31 March 2018. Aluminium production for the fourth quarter FY2018 was at 477,000 tonnes, up 35% YoY and 7% QoQ. The growth was primarily driven by the ramp up at the Jharsuguda-II smelter. It...
Alba reports record sales volume and production in Q1 2018
Aluminium Bahrain (Alba) has reported a year-on-year increase in both production and sales for the first quarter of 2018. The company’s sales volume reached 251,637 tonnes in Q1 2018, an increase of 3.6 per cent Year-over-Year (YoY). Production stood at 259,399 tonnes, up 4.3 per cent YoY In...
Capacity closures bring down Hongqiao Group’s 2017 net profit
China’s aluminium giant and the world's biggest aluminium producer Hongqiao Group Ltd announced its results for 2017 on Friday. The company reported 25.3 per cent drop in its 2017 net profit due to capacity shutdowns and rising raw material costs. In a filing to the Hong Kong stock exchange, the...
China Zhongwang Q4 profit jumps on strong sales of automotive aluminium products
China Zhongwang, world’s leading aluminium extrusions product manufacturer, announced its fourth quarter results. The company’s net profit jumped in the fourth quarter as it ramped up sales of new products for the transportation sector, according to news published by Reuters. China Zhongwang...
Aleris’ results for 4QFY17indicates a loss: Its aluminium recycling business bears criticism
Located at Cleveland, the reputed aluminium firm Aleris International, Inc. announced its result for the final quarter of 2017, as well as the full year. Both the results indicated an overall downfall. Certain tax items, peak start-up expenses, and write-offs from the sale of the company aluminium...
Slovenian rolled and extruded aluminium product maker Impol reports improved profit in 2017
Impol, a manufacturer of wide range of rolled and extruded aluminium products based at Slovenska Bistrica reported a record EUR 666m revenue for 2017 on Monday February 26. This was a 20% increase over 2016 and accompanied by an almost EUR 4m rise in pre-tax profit to EUR 38.9m. The group's EBITDA...
AMAG reports record shipments, revenue and operating result in 2017
AMAG Austria Metall AG, a leading supplier of high-quality aluminium cast and flat rolled products for aerospace, automotive, sports, lighting, mechanical engineering, construction and packaging sector continued its growth track in FY2017. The company commissioned its new cold rolling mill and...
