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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Alcoa’s Arconic Segments (Value-Add) reports substantial YoY growth in Q2 2016
Aluminium leader Alcoa has initiated the separation of its upstream and downstream business and the process is going to be complete by H2 2016. The Value-Add segments of Alcoa will be listed under the company Arconic Inc. The separation is subjected to the final approval from the Alcoa Board of...
Nalco, Hindalco soar on aluminium giant Alcoa's earnings beat
Shares of Hindalco and Nalco surged in Tuesday's (July 12) trade after the world's third-largest aluminium producer reported a beat in its Q2 earnings. Alcoa's earnings per share (EPS) grew 66 per cent for the quarter, its second quarterly earnings beat for the year. The aluminium giant has guided...
Alcoa's Alumina division generates ATOI $109 mln in Q2 2016
Global lightweight metal giant Alcoa posted growth in the combined Upstream division, Alcoa Corporation, for the second quarter 2016. The company's Alumina and Primary Metals segments reported revenue of $2.3 billion, ATOI of $150 million and adjusted EBITDA of $358 million. The total revenue of...
Alba reports higher sales in Q2 2016 despite sluggish aluminium market
Aluminium Bahrain B.S.C. (Alba) reports higher metal sales in the second quarter 2016 despite the sluggish aluminium market. The total metal sales in the second quarter of 2016 are 239,739 metric tonnes (mt) compared to 232,193 mt in Q2 2015, an increase of 3.2 per cent Year-over-Year. Total...
Alcoa reports net income of $135 mln, revenue declines due to closed operations
Leading aluminium maker Alcoa reported its second quarter 2016 results on July11 2016. The company has separated its upstream and downstream business and the process is going to be complete by H2 2016. The separation seems promising for the company as its Arconic (Value-Add) segments grew...
China biggest alumina producer's profit hits 5-year high
Aluminum Corp of China (CHALCO), the country's biggest producer of alumina and primary aluminium, posted profits of 330 million yuan ($49.4 million) during the first half of the year, the highest level in almost five years. The company attributed its excellent performance largely to reduced...
Alcoa’s Q2 earnings, revenue expected down YoY
Alcoa is expected to report year-over-year declines in second-quarter earnings and revenue when the metals company releases the figures Monday afternoon. The company, whose report unofficially kicks off the second-quarter reporting season, is expected to post quarterly earnings of $0.10 per share,...
What’s key to Chalco’s loss reversal in H1 2016? - An SMM insight
Chalco reversed losses and reported big profit in H1 2016 when many of its competitors were still struggling with meager profit. So, what’s the secret behind the great success? Aluminium, alumina and refined copper costs fell by 400 yuan/tonne, 2,500 yuan/tonne and 5,200 yuan/tonne, respectively,...
Alcoa to announce second quarter 2016 results and host webcast
Alcoa plans to announce its second quarter 2016 financial results on Monday, July 11 after the market closes. The press release will be available on the Investor section of Alcoa's website, and a link to the press release will also be available on Alcoa's twitter handle. A conference call to...
More demand for aluminium foil for flexible packaging in Europe
First quarter results for aluminium foil deliveries from European suppliers showed positive growth in domestic demand, after a sustained period of mixed or declining results. Exports, however, remain under pressure due to strong competition from non-European producers, the European Aluminium Foil...
Africa still a success story for Nampak
The cooling of economic growth on the continent, mainly brought about by the commodities rout, has failed to dampen Nampak’s performance. Its operations on the continent excluding SA, now account for 47% of group trading profit, up from 38% last year. Nampak’s big beverage can production lines in...
Napco posts $12.4m revenue in Q1
Oman-based National Aluminium Products Company (Napco), a leading extruder of aluminium in the GCC, said it has achieved OR4.8 million ($12.4 million) in revenues during the first quarter ending on March 31. The company reported a net profit of OR141,000 ($366,233), said a statement from Napco....
Ess Dee Aluminium reports net loss in the March 2016 quarter
Ess Dee Aluminium reports consolidated net loss of Rs 62.94 crore in the March 2016 quarter. Ess Dee Aluminium reported net loss of Rs 62.94 crore in the quarter ended March 2016 as against net profit of Rs 6.72 crore during the previous quarter ended March 2015. Sales declined 84.15% to Rs 32.60...
Hindalco rallies 11% as aluminium volumes drive Q4 profit
Shares of Hindalco rallied 11 percent intraday Monday, riding high on its March quarter results. Boosted by strong aluminium business, the company's net profit zoomed 124 percent to Rs 356.3 crore in January-March quarter from Rs 159 crore in year-ago period. During the quarter, its total turnover...
Gränges awarded for best interim report
Gränges has been awarded for Best Interim Report 2015 in the competition Listed Company of the Year on Nasdaq Stockholm, organized by Kanton and Aktiespararna. Gränges was listed in October 2014, and it is the first year the company participates in the competition. Kanton and Aktiespararna motivate...
NALCO trades in green despite reporting drop in Q4 net profit
National Aluminium Company is currently trading at Rs 42.15, up by 0.30 points or 0.72% from its previous closing of Rs 41.85 on the BSE. The scrip opened at Rs. 41.85 and has touched a high and low of Rs. 42.75 and Rs. 41.75 respectively. So far 105486 shares were traded on the counter. The BSE...
Paradice Investment Management buys $42.2 Million stake in Kaiser Aluminum Corp.
Paradice Investment Management scooped up 27,857 additional shares in Kaiser Aluminum Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 488,331 shares of Kaiser Aluminum Corp. which...
Hindalco names Satish Pai as MD, Debu Bhattacharya to continue as non-executive director
Hindalco Industries named Satish Pai, currently deputy managing director, as the managing director. Current Managing Director D Bhattacharya will continue as non-executive director and has also been appointed vice-chairman, Hindalco said in its statement. The aluminium major reported a 123% jump in...
