Aleris Shows Net Loss in 2016, but Plans on Better Bottom Line in 2017
Cleveland’s rolled aluminium firm Aleris released results for the fourth quarter and full year of 2016 on Friday. The firm...
South Africa’s aluminium semi fabricator Hulamin expects a significantly stronger showing in the current year according to firm chairman Mafika Mkwanazi. He spoke at the company’s annual meeting last week, telling investors that a stronger product mix offered by the firm, a...
Cleveland’s rolled aluminium firm Aleris released results for the fourth quarter and full year of 2016 on Friday. The firm...
Sweden’s Gränges AB announced yesterday that it was declared the best Mid Cap Company in Stockholm independent analysis and consultancy...
Japan’s aluminium firm UACJ announced this week that it is planning to spend US$488 million in the United States and...
Rolled and recycled aluminium firm Novelis Inc. announced a bond issue yesterday intended to raise up to US$1.15 billion for refinancing debt. Novelis initially intended to use the funds to repurchase US$500 million of US$1.1 billion worth of notes due next year, but subsequently amended the offering to include the entirety of the outstanding notes. […]
Atlanta’s rolled and recycled aluminium firm Novelis reported results for the first quarter of its 2017 financial year yesterday. The firm turned in a net income of US$24 million in the quarter, a vast improvement over the US$60 million loss it reported in the first quarter of the previous financial year. Excluding tax-effected special items, […]
India’s Bharat Aluminium Company Limited (Balco) began sheet rolling aluminium again last week. The metal major’s sheet rolling shop (SRS) at Korba closed last August due to aluminium dumping by the People’s Republic of China and the associated drop in aluminium prices, causing the shop to run significant financial losses. According to the company, minor […]
South African rolled and extruded aluminium producer Hulamin released unaudited half-year results for 2016 on Monday, turning in strong numbers for the period. Although the company described market conditions as soft, Hulamin fell just short of doubling the previous year’s entire profits, posting a US$10.57 million result for the first half of this year compared […]
Atlanta’s Novelis Inc. announced several new appointments to its executive team yesterday, naming two new vice presidents to Novelis North America and a new senior vice president to Novelis Europe. All appointments are effective as of September 1. For the company’s European branch, Emilio Braghi was appointed Senior Vice President, Novelis Inc., and President, Novelis […]
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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