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JW Aluminum issues 2013 third quarter results
12 NOV 20132MINS

JW Aluminum issues 2013 third quarter results

JW Aluminum Company (“JW Aluminum”) announced today that it has posted its 2013 Quarterly Report for the quarter ended September 28, 2013 on JW Aluminum’s secure investor website at 11:00 PM Eastern Time on Monday, November 11, 2013. The quarterly report is being furnished pursuant to the Indenture...

Ormet shutdown affects AEP 2014 sales projections
12 NOV 20132MINS

Ormet shutdown affects AEP 2014 sales projections

The impending shutdown of an aluminum smelting operation in Ohio will have an impact on American Electric Power's electricity sales next year. AEP President and CEO Nick Akin is scheduled to speak Nov. 12 at the 48th Annual Edison Electric Institute Financial Conference in Orlando, Fla. In...

Hindalco Q2 net profit seen up 25%; stock rallies over 2%
12 NOV 20132MINS

Hindalco Q2 net profit seen up 25%; stock rallies over 2%

Hindalco Industries Ltd gained as much as 2.5 per cent in a weak market on Tuesday ahead of its results for the quarter ended September 30. The world's largest aluminium rolling company is expected to report a 25 per cent YoY increase in net profit to Rs 450 crore for the second quarter if the...

Novelis reports second quarter of fiscal year 2014 results – expansion continues
11 NOV 20133MINS

Novelis reports second quarter of fiscal year 2014 results – expansion continues

Novelis reports solid Quarterly Performance in a Transitional Year. Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $23 million for the second quarter of fiscal 2014. Excluding certain tax-effected items, net income...

NALCO Q2 profit after tax expected to rise upto INR 146.4 crore
11 NOV 20132MINS

NALCO Q2 profit after tax expected to rise upto INR 146.4 crore

National Aluminium Company (NALCO) will declare its second quarter (July-September) results today. Analysts expect strong improvement in operational performance during the quarter on account of lower base in a year ago period, but topline may shrink on lower volumes. According to a CNBC-TV18 poll,...

Noranda Aluminum Ex-Dividend date scheduled for November 07, 2013
07 NOV 20131MINS

Noranda Aluminum Ex-Dividend date scheduled for November 07, 2013

Noranda Aluminum Holding Corporation ( NOR ) will begin trading ex-dividend on November 07, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on December 05, 2013. Shareholders who purchased NOR stock prior to the ex-dividend date are eligible for the cash dividend payment....

Century Aluminum reports Third Quarter 2013 Results
06 NOV 20134MINS

Century Aluminum reports Third Quarter 2013 Results

Century Aluminum Company reported a net loss of $9.5 million ($0.11 per basic and diluted common share) for the third quarter of 2013. Cost of sales for the quarter included a $5.8 million benefit for lower of cost or market inventory adjustments and an $11.7 million benefit for deferred power...

AMAG Q3 core profit beats estimates, sees tough 2014
06 NOV 20132MINS

AMAG Q3 core profit beats estimates, sees tough 2014

AMAG Austria Metall AG expects tough conditions again in 2014 as aluminium prices stay under pressure, it said on Tuesday, while reporting third-quarter core profit that beat market expectations. "The current level of uncertainty means it is still too early to make any definitive statements with...

Novelis to host second quarter earnings conference call on Nov 11
05 NOV 20131MINS

Novelis to host second quarter earnings conference call on Nov 11

Novelis Inc. will report its earnings for the second quarter of fiscal year 2014 on Monday, November 11, 2013. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live web and audio conference call for...

NALCO to announce Q2 results on Nov 11, 201
04 NOV 20131MINS

NALCO to announce Q2 results on Nov 11, 201

A meeting of the Board of Directors of National Aluminium Company Ltd will be held on November 11, 2013, to take on record the Unaudited Financial Results of the Company for the quarter ended September 30, 2013 (Q2). Shares of National Aluminium Company Ltd was last trading in BSE at Rs.35.65, down...

Century Aluminum to release quarterly earnings on Monday
04 NOV 20132MINS

Century Aluminum to release quarterly earnings on Monday

Century Aluminum is set to issue its Q313 quarterly earnings data on Monday, November 4th. Analysts expect the company to announce earnings of ($0.30) per share and revenue of $402.70 million for the quarter. Century Aluminum opened at 8.68 on Friday. Century Aluminum has a 52 week low of $6.02 and...

Jiangsu Alcha Aluminium Co Ltd announces FY 2013 net profit outlook
01 NOV 20131MINS

Jiangsu Alcha Aluminium Co Ltd announces FY 2013 net profit outlook

Jiangsu Alcha Aluminium Co Ltd announced that it expects its net profit for fiscal year (FY) 2013 to be RMB -55 million to RMB -60 million, compared to the net profit of FY 2012 (RMB -69,254,900). The Company cited the decreased processing cost per product and reversed price of aluminium in...

Noranda declares quarterly dividend on common stock
01 NOV 20131MINS

Noranda declares quarterly dividend on common stock

Noranda Aluminum Holding Corporation announced today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share to be paid on December 5, 2013 to shareholders of record as of November 12, 2013. "In the context of the current aluminum price environment, we have...

Noranda reports third quarter 2013 results
01 NOV 20132MINS

Noranda reports third quarter 2013 results

Noranda Aluminum Holding Corporation today reported results for third quarter 2013. "We are proud to report another quarter of solid financial results and reliable operational performance," said Layle K. "Kip" Smith, Noranda's President and Chief Executive Officer. "We continue to see stable...

Chalco third-quarter loss widened amid sliding aluminum prices
01 NOV 20132MINS

Chalco third-quarter loss widened amid sliding aluminum prices

Aluminum Corp. of China Ltd., the nation’s biggest producer of the lightweight metal, said a loss in the third quarter widened from a year earlier as prices dropped. Net loss was 1.22 billion yuan ($200 million) in the three months ended Sept. 30, compared with a loss of 1.08 billion yuan a year...

China Zhongwang announces results for first nine months 2013
01 NOV 20134MINS

China Zhongwang announces results for first nine months 2013

China Zhongwang Holdings Limited, the second largest industrial aluminium extrusion product developer and manufacturer in the world and the biggest one in Asia and China, announced the unaudited results for the nine months ended 30 September 2013 (the "review period"). During the review period, the...

Napco posts rise in net profit of 9 months
24 OCT 20131MINS

Napco posts rise in net profit of 9 months

National Aluminium Products Co (Napco) has reported a rise in net profit to RO982,000 for the first nine months of 2013 ending September 30 from RO176,000 in the same period last year, according to a statement released by the company to the Muscat Securities Market on Tuesday. Napco’s third-quarter...

Norsk Hydro earnings beat forecasts
24 OCT 20132MINS

Norsk Hydro earnings beat forecasts

Norsk Hydro, one of the world's biggest aluminium makers, said its July-September core earnings rose more than expected thanks to solid performance at its primary aluminium and power production divisions. At the same time, Hydro adjusted its 2013 forecast for global primary aluminium demand growth,...