Q4 2017

Taxes, Expenses, and Losses from Sale of Aluminium Recycling Business Weigh Down Aleris’ Bottom Line

Taxes, Expenses, and Losses from Sale of Aluminium Recycling Business Weigh Down Aleris’ Bottom Line

Cleveland rolled aluminium firm Aleris International, Inc. released results for 2017’s final quarter and full year yesterday. The firm’s bottom line in both periods suffered from certain tax items, peak start-up expenses, and write-offs from the sale of the company’s recycling business,...

Events

Alba Records a 91-Percent Bump in Net Income to US$246 MM in 2017

Aluminium Bahrain B.S.C. (Alba) announced results for the final quarter and full year of 2017 late last week, boasting of strong numbers for both periods across the board. Alba recorded a year-on-year rise in sales volume for the year of 0.4 percent to 978,195 metric tons, with production on an upswing as well, better by […]

Dry Weather in Brazil Desiccates Alcoa’s Fourth-Quarter Numbers

Battling against drought in Brazil and an upswing in power prices in Spain took a toll on Alcoa Corporation’s fourth-quarter numbers, which the firm released to the market on Wednesday. Alcoa finished the quarter with US$3.2 billion in revenue, up from last quarter’s total of US$3.0 billion, and up year-on-year from last year’s Q4 total […]

Novelis Posts Record Gains in Fourth Quarter and Full Fiscal Year 2017

Aluminium rolling and recycling firm Novelis Inc. reported financial results for the fourth quarter and full fiscal year of 2017 yesterday. The firm posted increases across several major metrics in both periods thanks in part to improved aluminium prices and increased operational efficiencies. Novelis net sales rose by nine percent to US$2.6 billion over the […]