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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Kaiser Aluminum Corp. shares upgraded to “Buy” by major brokerages
Shares of Kaiser Aluminum Corp. have been assigned a consensus rating of “Buy” from the six analysts that are covering the stock, Analyst Ratings Network.com reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12...
Alcoa's downstream segments show productivity gains though offset by cost headwinds
Lightweight metals leader Alcoa reported fourth-quarter and full-year 2015 results, ending the year on solid operational footing. Fourth quarter 2015 revenue was $5.2 billion, down 18 percent from $6.4 billion in fourth quarter 2014. Organic growth in aerospace and acquisitions increased revenue 7...
Alcoa reports ATOI $98 mln in Q4 2015 despite 24% alumina price decline
Lightweight metal major Alcoa reported fourth-quarter and full-year 2015 results yesterday. Despite lower alumina and aluminium prices, the Upstream verticals remained profitable. In the face of a 24 percent alumina price decline, after tax operating income (ATOI) was $98 million in the fourth...
Alcoa Q4 2015 and Full-year Results: Upstream posts profit despite price free-fall
Lightweight metals leader Alcoa announced full-year 2015 results yesterday, ending the year on solid operational footing. In fourth quarter 2015, the Upstream remained profitable despite lower alumina and aluminium prices. Every segment delivered productivity gains. The company also undertook...
Alba breaks all-time record on sales & production
Aluminium Bahrain B.S.C. (Alba) has surpassed its annual sales' record of 931,526 metric tonnes (mt) in 2014 when its sales figures rose by 2.2% year-on-year (YoY) to reach 951,944 mt while production figures topped 960,643 mt up by 3.1% YoY versus 931,427 mt in 2014. For the fourth quarter of...
Ess Dee Aluminium shares dip as rating agency downgrades debt
Ess Dee Aluminium has dipped 16% to INR 216 on the BSE after rating agency CARE downgraded the company’s debt. “CARE has revised rating assigned to bank facilities of Ess Dee Aluminium. The ratings for fund-based long term bank facilities worth INR 180 crore and long term non-convertible debentures...
JW Aluminum completes recapitalization to support strategic plans
JW Aluminum Company announced that on December 29, 2015, it closed on a new $90 million asset based revolving credit facility. Proceeds from the new facility were used to pay off previous revolving loans. This refinancing completed the recapitalization of JWA that began in November of 2015 with a...
Kaiser Aluminum stock downgraded to "Sell"
Kaiser Aluminum Corp.was downgraded by a leading investment research firm from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, December 29. According to the investment firm “KAISER ALUMINUM is a leading producer of fabricated aluminum products for...
Aluminium smelters across Ghana record huge losses
Metal manufacturing firms in Ghana, which include small to medium sized aluminium smelters, continue to record losses in their operations due to a host of factors including the hostile exchange rate market and the poor power situation in the country. According to the industry sources, the rolling...
Amtek Auto's bloated debt adds to the investors' list of concerns
Amtek Auto group is under stress and its latest earnings - a consolidated loss of INR 987 crore for the year ended 30 September (for the first time since 2004), against a net profit of INR 848.21 crore the previous year - aren’t good news for the lenders. Amtek Auto follows the October-September...
Noranda ekes out profit despite higher bauxite levy
Noranda Bauxite Limited was able to eke out US$500,000 (J$60 million) of operating profit during the three months to September. The mining company generated US$33.5 million in sales during the quarter, or US$2.7 million higher revenue than year-earlier levels. This was primarily as a result of an...
Noranda laying off 38 at Newport aluminum plant
Noranda on Monday said will lay off 38 employees at its Newport plant on or around December 3. Following the reduction, the facility will operate with 15 hourly and two salaried associates, compared to the workforce of 48 hourly and 7 salaried associates, according to John Parker, a company...
Sims issues profit warning, will cut up to 800 jobs
Sims Metal Management, based in Sydney and New York, has issued a profit warning for its upcoming quarterly results, will buy back shares of its own stock and is scaling back operations globally, with a focus on the United States. In a presentation, Sims has warned of “flat earnings” in the first...
Qatalum releases 2014 sustainability report highlighting outstanding growth
Qatalum released its 2014 sustainability report. The report demonstrates how Qatalum has contributed significantly to the realization of the Qatar National Vision 2030, and its four pillars of economic, human, social and environmental development. Qatalum's status as a world-leading smelter means...
Nabaltec AG's revenues and earnings increase in the first nine months of 2015
Nabaltec AG, the leading supplier of specialized raw materials for technical ceramics, posted EUR 115.4 million in revenues in the first nine months of 2015, up 5.3% from the year before, and reported a strong gain in operating profit (EBIT) as well, which was up 12.5% to EUR 11.7 million. In...
Hind Aluminium standalone Sep '15 sales at INR 180.21 crore
Hind Aluminium Industries has reported a standalone total income from operations of INR 180.21 crore and a net profit of INR 2.19 crore for the quarter ended September '15. Other income for the quarter was INR 0.80 crore. For the quarter ended September 2014 the standalone total income from...
Alro reports an adjusted net profit of RON 145 million in the first nine months of 2015
Alro SA,one of the largest aluminium producers in Central and Eastern Europe, registered an adjusted net profit of RON 145 million in the first nine months of 2015, compared to a adjusted net loss of RON 115 million in the similar period of 2014. The company’s turnover was of RON 1.77 billion,...
Aluminium Bahrain to begin process to issue bond in Q1 2016 - CEO
Aluminium Bahrain ( Alba ), owner of one of the world's largest smelters of the lightweight metal, will start the process for a potential bond sale in the first quarter of 2016, the company's chief executive said on Wednesday, November 12. In June, the state-backed company received government...
