Hydro has announced to initiate a comprehensive restructuring programme in its Rolled Products business, accompanied by the reduction of 735 jobs. Hydro’s rolling business has shown “disappointing financial performance” [...]
Novelis Inc., the world leader in aluminium rolling, has reported its financial results for the first quarter of the fiscal year 2020. Net income amounted to USD127 million, down 7% from [...]
Aleris has reported its second quarter and half-year results. Key financial highlights for the first six months of the year include: Revenues of USD1.8 billion compared to USD1,7 billion for the prior year [...]
Amag Austria Metall AG in Ranshofen continued on its growth track and set a new record in the first half of the year. Total shipments amounted to 226,000 tonnes, up [...]
Along with the release of its Q2 figures, Alcoa updated its market outlook. For full-year 2019, the company continues to project a global aluminium deficit, ranging between 1.0 and 1.4m [...]
Hydro’s underlying earnings before financial items and tax (Ebit) was NOK875 million (€90.4m) in the second quarter. This is a drastic slump compared with the result of NOK2,713 million in [...]
The north american aluminum extrusion industry hits record high shipments in 2018. The Aluminum Extruders Council (AEC) and the Aluminum Association report that the aluminum extrusion industry in the United [...]
The European industry produced 3.4 million tonnes of aluminium extrusions in 2018. Germany is the European aluminium extrusion industry’s largest customer by far, accounting for almost a third of total [...]
The calculated market balance for primary aluminium in the year to July was a deficit of 302,000 tonnes, which follows a deficit of 1.146 million tonnes recorded for the [...]
