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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Rusal’s Q2 profit more than doubles; aluminium production increases QoQ to 921,000 tonnes
With the LME cash official aluminium price rising 11.4 per cent year-to-date and 16.7 per cent year-on-year to US$1,909 per tonne at the end of June 2017, Rusal’s profit more than doubled reaching US$283 million during the second quarter of the current financial year. The world’s second largest...
Alcoa JV shines on Alumina’s H1 FY2017-18 profit
<p>Alumina Limited, the leading Australian resource company with focus on alumina refining, recently announced an impressive profit growth for the first half of 2017, thanks to higher commodity prices realized by its joint venture with Alcoa. </p> <p>Alcoa World Alumina and Chemicals (AWAC)...
Mingtai Aluminum’s H1 2017 profit increases; Guizhou Huaren to begin production soon
<p>Mingtai Aluminum Co. registered increase in both revenue and net profit in the first six months of this year. The company’s revenue increased by 41.10 per cent year-on-year to 4.67 billion yuan in the first half of 2017.</p> <p style="text-align: center;"><img style="vertical-align:...
AMG Superalloys UK reports increased profit in 2016 despite unfavourable conditions
<p>AMG Superalloys UK, A Rotherham based metals manufacturing business and a business unit of AMG Advanced Metallurgical Group N.V. has reported increased earnings and profit despite a turbulent year.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Aluminium extrusion profiles sales drive Minfa Aluminium’s revenue up by 11.9% YoY
<p>The Chinese metals and mining company Fujian Minfa Aluminium Co. announced Friday, August 18, its financial results for the first six months of 2017. The Quanzhou based manufacturer and distributor of aluminium alloy extruded profiles and other products for Building-Architecture and other...
Chalco’s profit soars ten-fold in H1 2017
<p>On Thursday, August 17, Aluminum Corp of China Limited (Chalco) announced the results for the first half of 2017. The company’s profit jumped more than tenfold year-on-year in H1 2017.</p> <p style="text-align: left;"><img style="vertical-align: middle; display: block; margin-left:...
Midas Holdings net profit jumps 197.1% in 2Q2017
<p>Midas Holdings Limited, the leading manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector in the People’s Republic of China, announced results for the three months ended June 30, 2017.</p> <p><strong>Net profit</strong> after tax jumped 197.1...
Higher metal price boosts Press Metal’s revenue for Q2 ended June 30, 2017
<p>Press Metal Aluminium Holdings Bhd , the leading aluminium producer in Southeast Asia, announced its <strong>net profit</strong> increased 2.8 per cent to RM150.17 million in second quarter ended June 30, 2017 from RM146.07 million a year ago driven by higher revenue.</p> <p...
Romania's Alumil Rom Industry posts 56% drop in first half profit
<p>Alumil Rom Industry, producer and distributor of aluminium extrusion and profiles for architectural use in Romania, registered a net profit of 230,954 lei ($303,600/224,700 euro) in the first six months of 2017, down by 56 per cent. The company said in an unaudited financial statement...
Higher aluminium prices ring in the good times for Indian aluminium producers
<p>LME aluminium prices are on a solid upward track. Although technical analysis by major global research firms indicate at a possible correction which might result in trend reversal, the higher prices, as of now, are turning out to be real boon for the Indian aluminium producers. Vedanta is...
Hindalco’s standalone revenue increases 28% for the quarter ended 30th June
<p>Hindalco Industries Ltd., India's leading producer of aluminium and copper and a subsidiary of the Aditya Birla Group, released its standalone unaudited financial results for the quarter ended 30th June, 2017. </p> <p><img style="vertical-align: middle; display: block; margin-left:...
Aleris brings down losses in Q2 2017; registers rise in EBITDA
<p>Aleris Corporation reported net loss of $2 million in the second quarter ended June 30, 2017 compared to net loss of $13 million in Q2 2016. Adjusted EBITDA was up slightly to $66 million from $65 million in Q2 2016. </p> <p style="text-align: center;"><img style="vertical-align: middle;"...
India’s Endurance Technologies improves Q1FY18 bottomline by 15.5% QoQ
<p>India’s leading automotive component manufacturer and aluminium die-casting producer Endurance Technologies Ltd reported its financial results for the first quarter ended June 30, 2017 yesterday. The company’s revenue and profit after tax improved both sequentially as well as...
NALCO Q1 profit seen up 23% to INR 166 cr on strong volume, operational performance
<p>National Aluminium Company's (NALCO) first quarter earnings are expected to be strong on volume growth. Profit is seen rising 23 percent year-on-year to INR 166 crore and revenue may increase 31.8 per cent to INR 2,042 crore in the quarter ended June 2017.</p> <p style="text-align: center;"><img...
Strong operational performance and automotive strategy tripled Q1 FY 2018 earnings for Novelis
<p>Novelis, the aluminium rolling and recycling major has reported net income of $101 million for Q1 FY 2018, more than triple from $33 million in Q1 FY 2017. The YoY increase in net income is driven primarily by higher EBITDA and lower interest expense.</p> <p>"Our automotive strategy, enhanced...
Week in Review: half yearly results make the headlines for downstream aluminium sector
<p>The downstream aluminium sector last week is marked by a half yearly results, product announcement and market report on global aluminium casting. Hulamin Extrusions performed consistently despite further weakening of domestic market conditions. With this article, let’s revisit some of...
TOR Minerals reports strong recovery in profitability in Q2 2017, alumina revenue up 18%
<p>TOR Minerals International, Inc. announced its financial results for the second quarter ended June 30, 2017. The company reported sales increased 9 per cent to $10.7 million for the second quarter as compared to $9.9 million during the same period of 2016. The increase in revenue was mainly due...
Century Aluminum reports turnaround performance in Q2 2017 on higher aluminium prices
<p>Century Aluminum Company reported a net income of $7.1 million for Q2 2017 in comparison to a net loss of $15.1 million for Q1 2017. Results were driven by a $6.1 million unrealized gain relating to LME forward sales. Adjusted net income for Q2 was $0.8 million compared to an...
