Europe

Alro Lands Flat-Rolled Aluminium Supply Contract with Airbus

Alro Lands Flat-Rolled Aluminium Supply Contract with Airbus

Romanian aluminium firm Alro SA announced on Friday that it had signed a contract with French aerospace company Airbus SAS. According to the press release from Alro, the multi-year agreement is for the firm to supply Airbus with flat-rolled aluminium products. No...

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Events

Automotive Demand for Aluminium Will Outstrip Chinese Capacity Restarts: Brandtzæg

Automotive Demand for Aluminium Will Outstrip Chinese Capacity Restarts: Brandtzæg

Aluminium’s rally will be sustained by the auto industry, propelling demand that will outpace the People’s Republic of China’s rising production, according to Norsk Hydro’s Svein Richard Brandtzæg. Hydro’s CEO was quoted in an interview in London’s Financial Times. The market price for aluminium has risen ten percent in the West and thirteen percent in […]

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Norsk Hydro’s Q2 Numbers Up Thanks to Higher Aluminium Prices

Norsk Hydro’s Q2 Numbers Up Thanks to Higher Aluminium Prices

Norwegian aluminium producer Norsk Hydro announced second quarter results yesterday, which were up on the whole thanks to higher alumina and aluminium prices, the firm says. Net earnings prior to financial items and tax totaled US$233.28 million, which included net unrealized derivative gains of US$3.77 million and positive metal effects totaling US$2 million. It also […]

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Sapa Turns In Strong Numbers for Q2 2016

Sapa Turns In Strong Numbers for Q2 2016

Norsk Hydro announced second quarter numbers for its joint venture Sapa AS on Friday. The firm saw higher numbers in the just-ended quarter largely due to seasonally higher market demand and stronger margins, per its press release. According to Hydro, Sapa’s underlying EBIT of US$94.76 million was up significantly last quarter on a year-on-year basis, […]

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Ebbesberg Replaces Vareille as Head of European Aluminium

Ebbesberg Replaces Vareille as Head of European Aluminium

Yesterday European Aluminium announced the ascension of Kjetil Ebbesberg to Chairman, stepping into the position as Pierre Vareille steps down. Vareille, who has been the CEO of Constellium since 2012, was the Chairman of European Aluminium for the past two years and a member of the Executive Committee for the past four. He has retired […]

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Sapa Wins Award, Adds New Members to Executive Team

Sapa Wins Award, Adds New Members to Executive Team

Oslo’s Sapa AS announced an award and a change to its management team yesterday. Ford Motor Company chose Sapa’s Cressona plant in Pennsylvania to be one of the first plants in the aluminium extrusion industry to receive the firm’s Q1 award. “This is an awesome achievement by our employees in Cressona and our Ford program […]

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