Investments, Start-Up Costs Led to Brutal Q1 for Aleris
Cleveland’s rolled aluminium firm Aleris Corporation released first-quarter numbers yesterday. Though most figures remained steady compared to last year’s first...
Russian Federation aluminium titan UC Rusal released first-quarter results on Friday. Though production numbers remained approximately level, the recovery in the aluminium market coupled with internal cost consciousness contributed to solid gains on the firm’s financial bottom line. Rusal turned in US$2,297...
Cleveland’s rolled aluminium firm Aleris Corporation released first-quarter numbers yesterday. Though most figures remained steady compared to last year’s first...
Norway’s Norsk Hydro ASA reported first-quarter results on Friday. The quarter’s results were buoyed by higher prices in the quarter,...
Dutch aluminium extruder Constellium N.V. reported financial results for the first quarter of 2017 yesterday. Increased shipments, solid demand, and...
Chicago’s Century Aluminum released results for the first quarter of 2017 on Tuesday, posting significantly smaller losses than in the quarter previous. The firm shipped 186,396 metric tons of primary aluminium in the quarter, an increase of roughly three thousand metric tons over the prior quarter. Revenue in the quarter totaled US$365.8 million, up from […]
Alcoa Corporation released results for the first quarter of 2017, boasting a strong showing on the bottom line in the quarter. The firm’s net income for the quarter totaled US$225 million, a turn-around from the previous quarter’s loss of US$125 million, and an about-face from the prior year’s first-quarter loss of US$210 million. Adjusted net […]
Russian Federation aluminium titan U.C. Rusal released operating results for the first quarter of 2017 earlier today. Aluminium and bauxite production numbers were down slightly in the quarter, while bauxite production showed a marginal increase. Rusal’s smelters ran at a 95% utilization rate and turned out 910 thousand metric tons of primary aluminium in the […]
California’s Kaiser Aluminum turned in strong first-quarter numbers this year according to results released yesterday. The semi-fabricated aluminium firm finished the quarter with US$355 million in net sales, better than the previous quarter’s total of US$332 million, and better year-on-year than last year’s Q1 total of US$343 million. It turned in US$36 million in net […]
Although production in the first quarter of the current fiscal year grew by ten percent year-on-year, National Aluminium Company Limited’s (Nalco) bottom line declined by almost one quarter in the same period. The firm reported a net profit between April and June of INR135 crore, down year-on-year from INR174.3 crore. Revenue increased 3.87% year-on-year, to […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...