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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Ford's Q4 2017 results impacted by rising prices of aluminium and steel
Ford’s fourth-quarter 2017 results were out on Wednesday afternoon and report indicated that rising prices of aluminium is putting pressure on its profits. Ford’s aluminium intensive vehicles use more aluminium than its rivals and the 20% rise in price in 2017 has impacted its earnings. Aluminum...
COIL’s revenue declines 10% in 2017
COIL, the world leader for aluminium anodising, announced its full year revenue for 2017. The company’s revenue was down 10.1 per cent from 2016. The company generated revenue of €29.6 million in 2017, down from €33 million in 2016. The company said revenues in the fourth quarter of 2017 fell 19...
Alcoa doubles its 2017 full year adjusted EBITDA YoY on higher alumina and aluminium pricing
Alcoa Corporation the leading global conglomerate in bauxite, alumina and aluminium reported fourth quarter and full-year 2017 results yesterday. The results were positively impacted by strong alumina and aluminium pricing and management’s focus on reducing complexity, driving returns and...
Alba hits all-time-high on sales volume and production in 2017
Aluminium Bahrain B.S.C. (Alba) has reported sales volume of 978,195 tonnes in 2017, up 0.4 per cent Year-over-Year (YoY). The company had achieved total sales volume of 974,014 tonnes in 2016. For the fourth quarter of 2017, sales volume rose 8 per cent to reach 277,567 tonnes compared with...
Alcoa schedules financial results announcement and conference call
Alcoa, a global industry leader in bauxite, alumina and aluminium products, announced that the company will release its fourth quarter and full-year 2017 financial results on Wednesday, January 17, 2018 after the close of trading on the New York Stock Exchange. Alcoa will also host conference call...
Hind Aluminium net profit surges over two- fold in Q2
Hind Aluminium Industries, manufacturer of aluminium alloy and electrical grade wire rods, reported financial results for the quarter and half year ended 30th September 2017. The company’s net profit registered INR 2.87 crore for the quarter ended September 30, from INR 1.06 crores for the period...
LB Aluminium’s net profit drops 71% in Q2, revenue increases 7.3%
LB Aluminium Bhd, the largest supplier of aluminium extrusion in Malaysia, announced its net profit and revenue for the second quarter ended October 31, 2017. The company’s revenue increased 7.3% to RM126.94 million compared to RM118.28 for the preceding year correspondence quarter due mainly to...
En+ Group net profit increases 43% in Q32017 driven by positive trends in global aluminium markets
Russia’s En+ Group announced its financial and operational results for the three and nine months ended 30 September 2017. The group produced 2,762 thousand tonnes of aluminium in the first nine months of 2017. In 3Q 2017, aluminium production increased 1.2 per cent to 931 thousand tonnes, with...
Romanian aluminium company receives USD 167 million credit facility
Alro S.A., the largest aluminium producer in Continental Europe (except Russia and Scandinavia), announced it recently signed three-year USD 167 million credit facility from eight banks. The transaction and the club of eight banks was led by RBI Group (Raiffeisen Bank International and Raiffeisen...
Vivocom’s net profit tumbles by half in 3QFY17; aluminium segment contributed 28%
Vivocom International Holdings Bhd, a supplier of telecommunication engineering, construction and aluminium design and fabrication services, announced results for the third quarter ended Sept 30, 2017 (3QFY17). The company reported fall in net profit in the third quarter 2017 to RM6.27 million from...
Additional production & higher metal price lifts Press Metal’s nine months profit
Press Metal Aluminium Holdings Berhad, the largest aluminium smelter and extruder in South East Asia, reported its financial performance for nine months ended 30 September 2017. The company said in a press release that they are now targeting to increase contribution of value-added products from 30...
COIL’s revenue dips 6.6% in the third quarter of 2017
COIL, the world leader for aluminium anodising, announced its revenues for the third quarter and first nine months of 2017. The company’s revenues were down in July- September period when compared with the same period of 2016, but the revenue in the quarter was higher than the second quarter of...
Nalco’s net profit shoots up 94% in Q2 FY17-18
National Aluminium Company Limited (Nalco) posted its financial results for the second quarter ended September 2017. The company achieved net profit of INR 235 crore, from INR 121 crore in the corresponding quarter of previous fiscal. Nalco’s net sale was INR 2420 crore in July- September quarter,...
Aleris continues with loss in Q3 2017; adjusted EBITDA drops due to lower volume
Aleris Corporation today reported results for Q3 and first nine months ended September 30, 2017. The company reported net loss of $66 million compared to net loss of $22 million in Q3 2016. Adjusted EBITDA stands at $46 million compared to $53 million in Q3 2016. Operational cash stood at $43...
Hindalco’s alumina EBITDA surges by 18 per cent in Q2 FY2018
Hindalco Industries announced that the alumina production fell 2 per cent to 712 thousand tonnes in the quarter ended 30th September, 2017. Aditya, Mahan and Utkal alumina continued to operate at their designed capacities. Hindalco's Utkal Alumina refinery produced 380 thousand tonnes of alumina...
Hindalco’s Q2 FY18 standalone net profit declines 11% on exceptional provision
Hindalco Industries Ltd., a subsidiary of the Aditya Birla Group, published its standalone unaudited financial results for the quarter ended 30th September, 2017. Hindalco’s aluminium production stood at 326 thousand tonnes in Q2 FY2018. Aluminium wire production was down 2 per cent at 119 thousand...
Novelis reports record Fiscal 2018 second quarter results
Novelis, the world leader in aluminum rolling and recycling, today reported net income of $307 million for the second quarter of fiscal year 2018, compared to a net loss of $89 million in the prior year period. Excluding tax-affected special items in both years, the company reported net income of...
Vedanta’s Q2 FY18 net profit rises 41% YoY on strong commodity prices
Vedanta Limited announced its unaudited consolidated results for the second quarter ended 30 September 2017. The company reported quarterly aluminium production of 401 thousand tonnes. Vedanta registered strong exit production run rate of 1.6 million tonnes per annum. The net profit (PAT) and...
