Q1 2018

Despite Production Drop, Century Reports 21 Percent Rise In Primary Aluminium Sales

Despite Production Drop, Century Reports 21 Percent Rise In Primary Aluminium Sales

American aluminium smelter Century Aluminum reported second-quarter results on Wednesday, with financials generally improved across the board despite a quarter-on-quarter drop in production. Century shipped 180,220 metric tons in the quarter, down from the first quarter’s total shipments of 187,238 metric tons....

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Events

Mandatory Cuts at Alunorte Mar Norsk Hydro’s Positive Numbers in Q1

Mandatory Cuts at Alunorte Mar Norsk Hydro’s Positive Numbers in Q1

Though Norsk Hydro A.S.A. returned higher overall numbers for the first quarter, the mandated capacity cut at Alumina do Norte do Brasil S.A. (Alunorte) meant the firm will likely miss its cost-cutting target for the year. Hydro reported a first-quarter revenue total of NOK39.970 billion, a 74-percent improvement year-on-year. Earnings before financial items and tax […]

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Aluminium Price Drop Sinks Chalco Profits by 19.4 Percent in Q1

Aluminium Price Drop Sinks Chalco Profits by 19.4 Percent in Q1

Aluminum Corp of China Ltd (Chalco) released first-quarter results on Monday, turning in a net profit in the quarter lower by 19.4 percent from the previous year. For the just-ended quarter China’s biggest state-run aluminium smelter recorded CNY308.6 million in net profits, off from adjusted net profits of CNY382.9 million in the first quarter of […]

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Rio Tinto Warns 2018 Aluminium Output May Suffer Due to Rusal Sanctions

Rio Tinto Warns 2018 Aluminium Output May Suffer Due to Rusal Sanctions

Repercussions continue to be felt throughout the global aluminium trade as evidenced by Rio Tinto Group’s announcement on Wednesday that it may revise its 2018 aluminium output on account of sanctions placed upon U.C. Rusal by the United States Treasury Department earlier this month. In the course of its announced production results, the firm projected […]

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Rising Aluminium Prices Lift Alcoa’s First-Quarter Numbers

Rising Aluminium Prices Lift Alcoa’s First-Quarter Numbers

Alcoa Corporation released results for the first quarter of 2018 yesterday. Though down slightly from the previous quarter, the firm’s numbers were largely better year-on-year thanks to a recovered aluminium market and an improved selection of aluminium products on offer. The firm posted revenue in the quarter of US$3.09 billion, up year-on-year from last year’s […]

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