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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Wheels India Ltd posts profits for Q2 2017, aluminium wheels capacity expansion in pipeline
<p>Wheels India Ltd., a steel and aluminium alloy wheels manufacturer has reported a net profit of INR 13.07 crore for the second quarter ended September 30, 2016, up 40.99 per cent from INR 9.27 crore in the corresponding period previous year. Revenues during the quarter grew 5.41 per cent to INR...
AMAG Austria reports improved result in Q3 2016 on higher shipment volume in roll products
<p>AMAG Austria Metall AG has reported results for its third quarter 2016 and continued its positive earnings trend reporting significant YOY earnings growth in the first nine months of 2016.<br /> <br /><strong>Highlights:</strong><br /><br />• Shipment volumes up 7 % to 309,000 tonnes...
Vedanta Limited reports 9% revenue increase in Q3 2016
<p>Vedanta Limited today announced consolidated results for the second financial quarter (Q2) ended 30 September 2016.<br /><br />For the aluminium sector, smelters continued to ramp-up. The company managed to maintain the production run-rate of 1.1mtpa (excluding trial run) and 1.2mtpa (including...
Encore Wire's Q3 2016 margins hit by decline in aluminium wire sales in the US market
<p>Noted electrical wire manufacturer and supplier Encore Wire Corporation announced financial results for the third quarter of 2016-17 fiscal year. The unit volumes were up one per cent in copper pounds shipped and four per cent aluminium pounds shipped over the third quarter of last year....
ABx Q3 Results: Bauxite sales & new opportunities continue to grow
<p>Australian Bauxite Limited has released its sales and production results for the third quarter of the current financial year. The mining company said it is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market....
Century Aluminium continues with primary aluminium downturn in Third Quarter 2016
<p>As a continuation of the downturn of US primary industry, Century Aluminium Company reported a net loss of $58.3 million ($0.67 per share) in Q3 against $9.5 million ($0.11 per share) in Q2. The adjusted net loss of third quarter was $29.1 million. Results were negatively impacted by...
Hydro rolled product division reports low earning in Q3 2016; automotive demand remains positive
<p>Hydro Q3 results for rolled product has been slow compared to last quarter.<br /><br />Seasonally lower sales volumes and changes in the product mix have pulled down the underlying EBIT in Q3 in comparison to Q2 2016. It was partly offset by positive results from the Neuss smelter driven by an...
Norsk Hydro Q3 2016 results decline over lower metal sales and negative currency effects
<p>Norsk Hydro has reported its third quarter 2016 results. Hydro's underlying EBIT declined to NOK 1,477 million in Q3 from NOK 1,618 million in Q2 2016. The decline was due to lower metal sales and negative currency effects, slightly offset by higher realized aluminium prices.<br /><br...
China's aluminium producer Chalco returns to profit in Jan-Sept
<p>China's state-owned Aluminum Corporation of China Ltd (Chalco) swung back to profitability in the first nine months, buoyed by higher metal prices and continued cost-cutting efforts, the company said on Thursday.<br /><br />Chalco posted a net profit of 107.9 million yuan ($16.02 million) in the...
Kaiser Aluminum misses analysts' consensus as it reports decreased quarterly earnings data
<p>Kaiser Aluminum Corp. announced its earnings data for the quarter ended September 30, on Wednesday. The company reported $1.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.27 by $0.25. Kaiser Aluminum Corp. reported a net margin of 6.59 per cent and a return...
Nalco reports decent production and sales growth in H1 2016-17
<p>India's leading aluminium producer National Aluminium Company Limited (Nalco) has reported impressive results for H1 2016-17. Total aluminium production increased 4.2 per cent from the corresponding period previous year to total at 1.88 lakh tonnes. <br /><br />Further upstream, bauxite mining...
Alcoa stocks close down sharply on missed Q3 profit, lower prices
<p>The NYSE-listed stock of US lightweight alloys specialist Alcoa on Tuesday closed down 11.42 per cent at $27.91 apiece after the company reported third-quarter results falling short of analyst expectations.<br /><br />Despite reporting a higher net profit of $166-million, or $0.33 a share, which...
Alumina's earnings in Sept quarter rise due to its share from AWAC joint venture
<p>Mining and metals company Alumina today reported results for the quarter ended September 30, 2016. The Australian alumina refiner received US$91.8 million by way of distributions, dividends and capital returns during the period under review as its share from the joint venture AWAC that it has...
Alcoa Arconic segments reported combined YoY profit growth in Q3 2016
<p>The global lightweight metals major Alcoa reported third quarter 2016 results today. Arconic segments reported combined year-over-year profit growth despite near-term market challenges. Revenue totalled at $3.4 billion, ATOI $267 million, and adjusted EBITDA $517 million during the period under...
Alcoa upstream divisions maintain sequential profitability QoQ despite low metal pricing
<p>Lightweight metals leader Alcoa reported third quarter 2016 results. In spite of near-term market challenges, Alcoa Corporation segments, Alumina and Primary Metals, maintained profitability sequentially despite continued low alumina and aluminium pricing by proactively managing costs and...
Vedanta achieves record aluminium production of 541,000 tonnes in H1
<p class="m-6114257443505482780so">Vedanta Resources published its production release for the Second Quarter and Half Year ended 30<sup>th</sup> September 2016</p> <p>During Q2 Vedanta aluminium smelters continued to ramp up with current production run-rate of 1.1 mtpa (excluding trial run...
Alba Sales & Production volume surge in Q3 2016
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, managed to increase its overall sales and production throughput for the third quarter of 2016despite the low trend in all-in-prices. Sales volumetopped <strong>246,293 metric tonnes(mt)</strong>in Q3...
Rusal owned Aughinish Alumina returns to profit in 2015
<p>According to an Aluminium Insider report, Rusal's Aughinish Alumina in Ireland is back in profits as the alumina producer has succeeded in pulling off a significant reversal in its bottom line. The firm reported a US$14.4 million pretax profit after posting a US$12.1 million loss the previous...
