Rusal’s Q2 Profits Overcome U.S. Sanctions Thanks To Rising Aluminium Prices
Higher global aluminium prices overcame nearly crippling sanctions in the second quarter to boost Russian Federation aluminium giant U.C. Rusal’s...
Cleveland rolled aluminium firm Aleris International, Inc. released second-quarter results yesterday. Though better margins and product mix improved earnings, a debt refinancing helped push the bottom line further into the red. In 2018’s second quarter, Aleris shipped 235 thousand metric tons of...
Higher global aluminium prices overcame nearly crippling sanctions in the second quarter to boost Russian Federation aluminium giant U.C. Rusal’s...
Pittsburgh value-added aluminium firm Arconic Inc. reported results for the second quarter yesterday. The firm’s results beat estimates across all...
Aluminium Bahrain B.S.C. (Alba) released results from the second quarter and first half of 2018 last week. Per the firm,...
Norsk Hydro reported numbers for the second quarter on Tuesday. The firm’s numbers suffered thanks to outages at key plants and increased cost of raw materials, but losses were mitigated somewhat by a rise in metal prices and gains in downstream and energy businesses. In the second quarter this year, Hydro mined 1,348 thousand metric […]
Amsterdam rolled and extruded aluminium leader Constellium N.V. reported numbers for the second quarter and first half of 2018, showing an uptick in both sales and financial results in both periods. Constellium shipped 397 thousand metric tons in the just-ended quarter, a 4-percent improvement year-on-year from last year’s total of 383 thousand metric tons, bolstered […]
Iconic Pittsburgh aluminium smelter Alcoa Corporation released results for the second quarter on Wednesday. Numbers were up across the board thanks in part to strong pricing for both alumina and aluminium. Alcoa’s revenue in the second quarter totaled US$3,579 million, up from both last quarter’s total of US$3,090 million and last year’s second-quarter total of […]
Aluminium Bahrain B.S.C. (Alba) recorded record highs in aluminium production and sales last quarter even in the face of ongoing market volatility and trade turmoil. The firm said in a recent press release that the second quarter saw Alba churn out 252,081 metric tons of raw aluminium, a 23-percent jump year on year. Sales volumes […]
Australia’s Metro Mining Ltd. updated its investors on the company’s just-ended second quarter yesterday. In the second quarter, Metro mined 445 thousand wet metric tons of bauxite ore, over half of which (245 thousand metric tons) was extracted in the month of June alone. Metro shipped 399 thousand wet metric tons of that total 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 ...