Q2 2017

Global Aluminium Recovery Helps Buoy Rusal’s Second Quarter Numbers

Global Aluminium Recovery Helps Buoy Rusal’s Second Quarter Numbers

Russian Federation aluminium titan U.C. Rusal released financial and production results for the second quarter of 2017 on Friday. A recovery in the global aluminium market coupled with cost-cutting and efficiency measures undertaken by the firm helped solidify the quarter’s bottom line....

Events

Arconic’s Q2 Revenues Beat Wall Street’s Expectations

Value-add firm Arconic released results for the second quarter of 2017, besting revenues estimates by Wall Street by a narrow margin. Arconic recorded sales in the quarter of US$3.261 billion, up slightly quarter-on-quarter from Q1’s total of US$3.192 billion, and nearly level year-on-year with last year’s Q2 total of US$3.234 billion. The firm posted a […]

Kaiser Aluminum’s 2Q and 1H Numbers Beat Expectations

Semi-fabricated aluminium firm Kaiser Aluminum Corporation reported financial and production numbers for the first half and second quarter of 2017 yesterday. Though numbers were down in relation to previous periods, the results were still sufficient to best Wall Street’s forecasts. Kaiser posted shipments in the quarter of 160 million pounds, down by four million pounds […]

Strong Shipments Buoy Alcoa’s Q2 Financials

American aluminium major Alcoa Corporation announced results for the just-ended second quarter of 2017, turning in a respectable bottom line despite challenges presented by prices in the metals market. Alcoa reported a revenue of US$2.9 billion for the quarter, besting last quarter’s revenue of US$2.7 billion and last year’s Q2 total of US$2.3 billion. The […]

Novelis Reports Numbers for Second Quarter of FY 2017

Novelis reported numbers for the second-quarter of fiscal year 2017 earlier today. The firm reported increases in both financial and production numbers for the quarter. The firm turned in a net loss of US$89 million for the just-ended quarter, down from a net loss of US$13 million in the previous year’s second quarter. Novelis factored […]

Vedanta Sets Quarterly Aluminium Production Record

London’s Vedanta Resources plc released production numbers for the second quarter and first half of 2016 yesterday, reporting a record aluminium output of 296,000 metric tons for the second quarter. On the corporate side, highlights for the quarter included shareholder approval of the Vedanta/Cairn India merger, a deal that is expected to close in the […]