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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 .

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.

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