Tag: Earnings

SDI, which runs Aluminum Dynamics Inc (ADI), has been ramping up production in Mississippi and at a recycled slab center in San Luis Potosi, Mexico.

Alcoa cut its production guidance for alumina for the full year, citing issues at its Pinjarra refinery in Western Australia. Despite the ongoing Iran war upending aluminum supply chains, the company said alumina prices remained relatively stable.

Matalco recorded its highest quarterly recycled aluminum production since the Canton closure began, while Rio Tinto's primary output held nearly steady and US shipments decreased.

Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.

The increase in estimated earnings in the US is mostly associated with nonferrous metal recycling, mainly copper and aluminum.

Steel Dynamics will relocate a planned Arizona recycled aluminum slab casting center to Mississippi after citing risks tied to differences with Arizona officials and recording a $16 million write-down.

“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.

Ball reported modest shipment growth and higher earnings, with North American volumes constrained by limited capacity and strong contract coverage.

Hydro's Q1 results show higher prices supporting margins despite weaker North American demand and ongoing Middle East curtailments.

Ford and GM's results show earnings supported by tariff timing and mix, while volumes, inventory, and cash flow point to a constrained supply and uneven demand.