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Norsk Hydro: Declining Profits Despite Rising Alumina Prices
Norwegian aluminium producer Norsk Hydro on Tuesday reported an 18% drop in core profits for the second quarter to NOK 5.84 billion ($533.09 million), due to lower volumes and margins despite higher alumina prices. Adjusted earnings before interest, taxes,...
The Steel Market in China: Between Rate Cuts and Falling Demand
On 22 July, China decided to reduce its benchmark lending rate, known as the Loan Prime Rate (LPR), for the second time this year. However, this measure failed to improve sentiment in the steel market, which is facing increasingly weak domestic demand. Let us take a...
Aluminium Exports from Ukraine: A Growth Analysis in 2024
Exports of aluminium and aluminium products from Ukraine recorded significant growth in the first six months of 2024, according to customs data released by the State Customs Service of Ukraine. The value of exports during this period was $54.175m, up 12.8 per cent...
RUSAL: World Leader in Low Carbon Aluminium Production
RUSAL, one of the world's largest aluminium producers, recently confirmed the low carbon footprint of its products, reaffirming its status as a leading global producer of low carbon aluminium. The organisation TÜV AUSTRIA Standards & Compliance, one of the world's...