Q3 2018

Aluminium Price Lag Tempers Aleris’ Bottom-Line Losses In Third Quarter

Aluminium Price Lag Tempers Aleris’ Bottom-Line Losses In Third Quarter

Cleveland rolled aluminium firm Aleris International, Inc. released results for the third quarter of 2018 yesterday. Numbers were up across the board thanks in large part to a jump in shipments and a favorable metal spread in the quarter. In the just-ended...

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Events

Constellium Beats Street Earnings And Revenue Projections In Strong Third Quarter

Constellium Beats Street Earnings And Revenue Projections In Strong Third Quarter

Amsterdam rolled and extruded aluminium leader Constellium N.V. released results for the third quarter and first nine months of 2018 yesterday. The firm’s quarterly numbers beat market projections thanks to increased operational efficiency and higher shipments. In the just-ended quarter, Constellium shipped 379 thousand metric tons of product, up by 1 percent on the year. […]

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Despite Struggles At Alunorte, Norsk Hydro’s Third-Quarter Results Beat Forecasts

Despite Struggles At Alunorte, Norsk Hydro’s Third-Quarter Results Beat Forecasts

Norwegian aluminium smelter Norsk Hydro ASA released third-quarter results yesterday. The firm’s quarterly numbers surpass forecasts largely due to rising metal prices and despite continuing curtailments at the Alunorte alumina refinery. Hydro’s overall revenue for the quarter totaled NOK39,766 million, up by 74 percent on the year. Earnings before financial items and tax (EBIT) came […]

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Eighteen-Percent Jump In Sales Propels Kaiser Aluminum Past Market Projections In Third Quarter

Eighteen-Percent Jump In Sales Propels Kaiser Aluminum Past Market Projections In Third Quarter

Semi-fabricated aluminium firm Kaiser Aluminum Corporation released third-quarter results on Wednesday, besting Wall Street forecasts for both the just-ended quarter and the year-to-date financials. The third quarter saw Kaiser sell US$393 million in product, good for an 18-percent increase year-on-year, with US$205 million consisting of value-added material, better by 10 percent than last year’s third-quarter […]

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Rise In Aluminium Prices Boost Alcoa’s Q3 Numbers Above Market Expectations

Rise In Aluminium Prices Boost Alcoa’s Q3 Numbers Above Market Expectations

American aluminium pioneer Alcoa Corporation released third-quarter results yesterday, reporting numbers riding higher on an increase in aluminium prices thanks to the Trump administration’s tariffs and rising sales. For the quarter, Alcoa’s revenue totaled US$3.4 billion. The firm realized a net loss of US$41 million, which included planned changes to the company’s pension plan and […]

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