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Yinbang Clad Material sees Q1 2017 net profit to be 20-25 mln yuan

Monday, 10 Apr 2017 05:10am EDT

Yinbang Clad Material Co Ltd <300337.SZ>: Sees net profit for Q1 2017 to be 20 million yuan to 25 million yuan, compared to net loss of the same period in 2016 (8.0 million yuan) .Comments that increased sales of aluminum business and recording of government subsidy are the main reasons for the forecast.

Hebei Sitong New Metal Material to halt assets restructuring

Monday, 21 Nov 2016 07:10am EST

Hebei Sitong New Metal Material Co Ltd <300428.SZ> :Says it plans to halt assets restructuring due to market conditions, policies.

Guangdong Hec Technology's shares to halt trading from Nov 16

Tuesday, 15 Nov 2016 03:37am EST

Guangdong Hec Technology Holding Co Ltd <600673.SS> :Says its shares to halt trading from Nov 16 pending announcement related to possible asset restructuring.

USW reaches agreement with Alcoa on effects of Alcoa/Arconic split

Tuesday, 11 Oct 2016 10:48am EDT

United Steelworkers : United Steelworkers - USW reaches agreement with Alcoa on effects of Alcoa/Arconic split . United Steelworkers - master agreement between Alcoa and USW covers approximately 6,000 employees at 12 locations .United Steelworkers says master agreement between Alcoa and USW expires May 15, 2019.

Alcoa board approves separation of company

Thursday, 29 Sep 2016 04:40pm EDT

Alcoa Inc : Separation date to be November 1, 2016 . Distribution ratio of Alcoa Corporation common stock set . Michael Morris will become non-executive chairman of Alcoa Corporation . In connection with distribution, on Nov 1, co will change its name to Arconic Inc. And its ticker symbol on New York Stock Exchange to ARNC . Alcoa Inc. Board of directors approves separation of company . Alcoa Inc says distribution ratio of Alcoa Corporation common stock set . Upon separation, Klaus Kleinfeld will serve as arconic chairman and CEO .Roy Harvey, current group president of Alcoa Global Primary Products Business, will be CEO upon separation.

MHM Metals says it is advancing potential capital structure opportunities

Friday, 22 Jul 2016 04:53am EDT

MHM Metals Ltd : Company advises that it is currently advancing a number of potential capital structure opportunities .

BRIEF-Jiaozuo Wanfang Aluminum Manufacturing halts restructuring plan

Tuesday, 31 May 2016 11:39pm EDT

Jiaozuo Wanfang Aluminum Manufacturing Co Ltd <000612.SZ> :Says terminates assets restructuring plan.

Fujian Minfa Aluminium to dissolve unit

Monday, 28 Mar 2016 08:00pm EDT

Fujian Minfa Aluminium Co Ltd:Says to dissolve a wholly owned Shanghai-based trading company.

Alcoa to close Warrick Smelter and Curtail Remaining Capacity at Pt. Comfort Refinery

Thursday, 7 Jan 2016 04:15pm EST

Alcoa Inc:Announced it is taking further action to increase the competitiveness of its Upstream business amid prevailing market conditions.Alcoa will permanently close its 269,000 metric ton Warrick Operations smelter in Evansville, Indiana by the end of the first quarter 2016.Rolling mill and power plant at Warrick Operations will continue to operate.By the end of the second quarter 2016, the Company will reduce alumina production by one million metric tons, which includes curtailing the remaining 810,000 metric tons of refining capacity at its Point Comfort operations in Texas.


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