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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Aleris reports Q2 and H1 results: net loss drops, end user demand stable
<p>Aleris Corporation reported results for the Second Quarter and First Half ended June 30, 2016.<br />Though Aleris is making net loss consecutively, net loss decreased to $13 million in the Q2 2016 from $19 million in Q2 2015. Adjusted EBITDA was $65 million for Q2 2016 compared to $60 million in...
Encore Wire Corporation posts Q2 & FY 2016 Results: Revenues estimated at $238.83mln
<p>Nasdaq listed Encore Wire Corporation announced the earnings results for Second Quarter and Fiscal Year 2016. The results came in during After-hours on Jul 27, 2016. The company reported revenue of $238.83 million. Analysts estimated revenue of $241.88 million. Earnings per share were $0.38....
AMAG Austria reports record increase in shipment volumes in Q1
<p>AMAG, a leading supplier of high-quality aluminium cast and flat rolled products in Austria for a number of industries like aerospace, automotive, sports equipment, lighting, mechanical engineering, construction and packaging has reported the results of H1 2016.</p> <p>Highlights:</p> <p> ...
Constellium reports an income of €9 million in Q2 2016, revenue down due to low metal prices
<p>Constellium reported Q2 2016 results today and continued with its continuous strong performance partially offset by lower metal prices. In comparison to the same period of 2015, below are the highlights for this quarter. </p> <p>• Total shipments of 387k metric tons<br />•...
Vedanta Production Release for Q1 2016 reports a number of positives for the aluminium business
<p>Vedanta Resources Plc. releases the production report for the First Quarter ended 30 June 2016. Highlights from the aluminium section point towards a number of positives despite the volatile market and raw material insecurity, the company has been struggling with.<br /><br /><strong>Operation...
Vedanta Ltd basks in robust Q1 profit margin
<p>Vedanta Limited (formerly known as Sesa Sterlite Ltd) today announced its unaudited consolidated results under Ind AS for the first quarter (Q1) ended 30 June 2016. The total Q1 revenues totalled at INR 14,364 crore, net profit amounted to INR 3,543 crore with strong margin of 32 per cent, and...
Century continues with primary aluminium downturn in Second Quarter 2016
<p>As a continuation of the downturn of US primary industry Century Aluminium Company reported a net loss of $9.5 million ($0.11 per share) for Q2 2016. The adjusted net loss of second quarter was $4.6 million ($0.05 per share).<br /><br />For the second quarter of 2015, Century reported a net loss...
Orbite announces HPA update and Second Quarter 2016 results
<p>Orbite Technologies Inc. yesterday filed its financial statements for the second quarter ended June 30th, 2016. The company reported a loss before net finance expense and taxes of $1.8 million for the quarter, a decrease from a loss of $3.5 million for the comparable quarter in the prior year,...
Increase in mining volumes in Timan and North Urals drives RUSAL's Q2 bauxite output up 3.9%
<p>In the second quarter 2016, UC RUSAL reported a 3.9 per cent quarter-on-quarter rise in bauxite output, totalling at 3,126 thousand tons driven largely by an increase in mining volumes at the Timan and North Urals mines. <br /><br />Bauxite output from the company's Guyana mining site declined...
Hulamin's H1 operating profit up 86% in soft market conditions
<p>South Africa's leading aluminium manufacturer Hulamin announced its unaudited interim results for the half-year period ended 30 June 2016. Operating profit of the company increased 86 per cent year-on-year while revenue soared 25 per cent y-o-y to reach R4.9 billion due to soft market...
Alba's Q2 net income declines 45.4%; Board proposes not to offer cash or share dividend
<p>Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, reported a 45.4 per cent decline in net profit in the second quarter of the current fiscal on Sunday. Alba's net income for the three months ended June 30 was BD 16.28 million ($43.2 million) compared to BD 29.8...
Alcoa Board approves quarterly dividends
<p>The Board of Directors of Alcoa has declared following dividends for the quarter ended June 30, 2016:<br /><br />i. A quarterly common stock dividend of 3 cents per share payable August 25, 2016 to holders of record of the common stock at the close of business on August 5, 2016.<br /><br />ii. A...
Reliance Steel & Aluminum delivers strong performance in Q2 FY16
<p>Reliance Steel & Aluminum Co., the largest metals service centre corporation in North America, has reported its financial results for the second quarter ended June 30, 2016. Sales were $2.20 billion, down 9.1 per cent from $2.42 billion in the second quarter of 2015 and up 1.9 per cent from...
Oman Cables' group net profit for H1 2016 declines 2% on the back of falling aluminium prices
<p>Oman Aluminium Processing Industries LLC (OAPIL), a subisdiary of Oman Cables posted lower sales and profit for the six-month period ended June 30, 2016 compared to the same period previous year owing to the falling aluminium prices during the period under review. The decline in sales revnues...
Maaden delivers strong operational results in Q2 2016 with production volume higher in aluminium
Saudi Arabian Mining Company (Maaden) has announced the consolidated interim financial statements for the quarter and six months period ended June 30 2016. During the quarter under review, Maaden posted strong operational results across all its business verticals with higher production volume in...
InterCairo Aluminum to float 30% of shares in EGX during December
Abdel Maksoud Ibrahim, head of investor affairs at InterCairo Aluminum Industry, said that his company plans to float 60m shares, representing 30 per cent of its shares, in the Egyptian Exchange (EGX) in December after it obtains the EGX’s approval to begin the IPO procedures. Ibrahim added that...
Yunnan Aluminum to reverse loss in H1 2016
Yunnan Aluminum Co. expects itself to return to profit territory in the first half of this year, it said in a statement filed to the Shenzhen Stock Exchange today. The company sees a net profit of 50 million yuan attributable to shareholders of its listed company in H1 2016, a reversal from the...
Sapa (Norsk Hydro joint venture) reports improved earning in Q2 2016 sequentially and YoY
Sapa (Norsk Hydro joint venture) has announced the results for the second quarter of 2016. Higher demand for Sapa products and stronger margins during the quarter accounted for a rise in Underlying EBIT in comparison to the first quarter of 2016. Sapa also reported an increase in underlying EBIT...
