Century Aluminum Numbers Down In Third Quarter Due To Weak Prices At LME
American aluminium smelter Century Aluminum Company posted results for the third quarter on Tuesday. Numbers for the quarter were soft...
q3 2019
Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3
Russian Federation aluminium behemoth U.C. Rusal released financial results for the third quarter and opening nine months of 2019 on Friday. Though production was generally level or better compared to prior periods, a decrease in aluminium prices teamed up with a reduction...
Aleris Posts Record Adjusted EBITDA Of US$25 Million In Q3
Cleveland rolled aluminium firm Aleris International, Inc. reported results for the third quarter and first nine months of 2019 yesterday....
Kaiser Aluminum Inks New Five-Year, US$375-Million Credit Facility
California semi-fabricated aluminium producer Kaiser Aluminum Corporation announced on Wednesday that it has entered into a five-year, US$375-million senior secured...
Events
Alba Reports 53 Percent Bump In Gross Profit For Q3
Aluminium Bahrain B.S.C. reported financial results for the third quarter and opening three months of 2019 yesterday. A weak global market for aluminium notwithstanding, the firm reported increases in both sales and profit for the just-ended quarter. In the third quarter, Alba generated a Profit and Total Comprehensive Income of BD10.7 million (US$28.5 million), down […]
Constellium Shipments Rose 4 Percent In Third Quarter, Increasing Revenue To €1.5 Billion
Amsterdam rolled and extruded aluminium leader Constellium N.V. released results for the third quarter and first nine months of 2019 earlier this week. Though the market facing the firm was challenging, Constellium delivered mostly positive results in both periods compared to 2018. In the third quarter Constellium shipped 395 thousand metric tons of product, good […]
Higher Upstream Production, Lower Raw Material Costs Buoy Difficult Quarter For Norsk Hydro
Norwegian aluminium giant Norsk Hydro ASA released results for the third quarter of 2019 yesterday. Financials were down overall due to a drop in aluminum and alumina prices, but higher upstream production and lower raw material costs helped to temper those downward pulls on profitability in the quarter. In the just-ended quarter Hydro reported a […]
Alcoa Launches Multi-Year Portfolio Review
Pittsburgh aluminium pioneer Alcoa Corporation released results for the third quarter yesterday as well as announcing a multi-year portfolio review and an update to the firm’s strategic priorities. In the just-ended quarter, Alcoa reported a net loss of US$221 million, up from a net loss of US$402 million in the prior quarter, and an adjusted […]
Alba Sets Records For Production And Sales Volume In Q3
Aluminium Bahrain B.S.C. announced yesterday that it set a record last quarter for both production and sales volume of primary aluminium. In the third quarter Alba smelted a total of 385,396 metric tons of primary aluminium, up by 53 percent on the year from last year’s third-quarter total production of 251,472 metric tons. Meanwhile, the […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
