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Aluminum

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Norsk Hydro says Qatar aluminium plant faces logistics problem due diplomatic conflict

Tuesday, 6 Jun 2017 02:09am EDT

June 6 (Reuters) - Norsk Hydro Asa :Qatalum working to solve logistical challenges arising from middle-east tensions.Qatalum aluminium plant is working to solve outbound logistical challenges arising from uncertain situation in middle-east after saudi arabia, uae, bahrain and egypt cut off transportation links.Qatalum is a joint venture between Hydro and Qatar Petroleum, and is producing more than 600,000 tonnes per year of value-added primary aluminum to customers in Asia, Europe and the U.S.

Arconic Q1 adjusted earnings per share $0.33

Tuesday, 25 Apr 2017 04:15pm EDT

April 25 (Reuters) - Arconic Inc ::Arconic reports first quarter 2017 results.Q1 adjusted earnings per share $0.33 excluding items.Q1 earnings per share $0.65.Q1 revenue $3.2 billion versus I/B/E/S view $3.01 billion.Q1 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Says "aerospace market is continuing its transition to new platforms where we are strongly positioned".Arconic Inc - affirm guidance for full year 2017 provided at investor day last year.Fy2017 earnings per share view $1.09, revenue view $12.13 billion -- Thomson Reuters I/B/E/S.Arconic says in Q1, impact of higher aluminum prices was more than offset by ramp down from North American packaging business at Tennessee operations.

Xinjiang Joinworld sees Q1 FY 2017 net profit up 230 pct to 280 pct

Wednesday, 19 Apr 2017 04:31am EDT

April 19(Reuters) - Xinjiang Joinworld Co Ltd <600888.SS> ::* Sees Q1 FY 2017 net profit to increase by 230 percent to 280 percent.* Says Q1 FY 2016 net profit was 9.8 million yuan.* The reasons for the forecast are improvement of electronic new material business and decreased raw material price .

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