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Aluminum

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Jiangsu Lidao New Material's Shanghai IPO 2,936.42 times oversubscribed

1:51pm BST

Oct 23 (Reuters) - Jiangsu Lidao New Material Co Ltd :Says online part of Shanghai IPO attracted interest amounting to 2,936.42 times amount on offer.

Henan Shenhuo Coal & Power's net profits up in Q3, 9-month

9:10am BST

Oct 23 (Reuters) - Henan Shenhuo Coal & Power Co Ltd <000933.SZ>:Says Q3 net profit up 54.0 percent y/y at 276.9 million yuan ($41.74 million), 9-month net profit up 7.6 percent y/y at 888.6 million yuan.

Guangdong Hoshion Aluminium sees FY 2017 net profit down 10.7 pct to 20 pct

3:35am BST

Oct 23 (Reuters) - Guangdong Hoshion Aluminium Co Ltd <002824.SZ>:Says it sees net profit for FY 2017 to decrease by 10.7 percent to 20 percent, or to be 60 million yuan to 67 million yuan .Says FY 2016 net profit was 75 million yuan.Comments that decreased electronic products income as well as increased depreciation for plant assets and exchange loss as main reasons for the forecast .

United Company Rusal says Aluminium production in Q3 totaled 931 thousand tonnes

2:11am BST

Oct 23 (Reuters) - United Company Rusal Plc <0486.HK>:Aluminium production in Q3 totaled 931 thousand tonnes, up 1.1 percent QOQ (not down 3.4 percent QOQ)​.‍In 3Q17, aluminium sales decreased (-3.4% QOQ) totaling 968 thousand tonnes​.As expected chinese semis exports are expected to drop in 4Q17- 1H18 due to tight domestic market and negative export arbitrage​.‍UC Rusal estimates that global aluminium demand grew by 5.9% year-on-year in 9 months of 2017 to 47.8 million tonnes​.In 3Q17 consolidated bauxites output decreased by 11.3%, totaling 2,742 thousand tonnes.‍In 3Q17, total alumina production increased by 1.9% QOQ, totaling 1,965 thousand tonnes.​.‍Rusal expects that during winter season, Chinese aluminium market balance may become very tight.​.‍expects net debt of group as at 30 September 2017 to be below US$7.7 billion​.

United Company Rusal ‍posts aluminium sales totaling 968 thousand tonnes in Q3​

1:20am BST

Oct 23 (Reuters) - United Company Rusal Plc <0486.HK>:‍In 3Q17, aluminium sales decreased (-3.4% qoq) totaling 968 thousand tonnes​.‍Aluminium production in 3Q17 totaled 931 thousand tonnes (-3.4% qoq)​.As expected chinese semis exports are expected to drop in 4Q17- 1H18 due to tight domestic market and negative export arbitrage​.‍UC Rusal estimates that global aluminium demand grew by 5.9% year-on-year in 9 months of 2017 to 47.8 million tonnes​.In 3Q17 consolidated bauxites output decreased by 11.3%, totaling 2,742 thousand tonnes.‍in 3Q17, total alumina production increased by 1.9% QOQ, totaling 1,965 thousand tonnes.​.‍rusal expects that during winter season, Chinese aluminium market balance may become very tight.​.‍Expects net debt of group as at 30 September 2017 to be below US$7.7 billion​.

Russia's En+ to pay out $125 mln in interim dividends in Dec

Friday, 20 Oct 2017

Oct 20 (Reuters) - En+ Group::Says board approves interim dividends of $125 million to be paid in December 2017;.Says following results of 2017, it aims to declare additional dividends in 2018 for 2017..

Jiangsu Lidao New Material sets pricing for Shanghai IPO

Friday, 20 Oct 2017

Oct 20 (Reuters) - Jiangsu Lidao New Material Co Ltd:Says it aims to raise up to 500.8 million yuan ($75.73 million) in initial Shanghai share offering by selling 52.2 million shares at 9.59 yuan per share.

United Company RUSAL announces possible share transfer between shareholders

Thursday, 19 Oct 2017

Oct 19 (Reuters) - United Company RUSAL:Possible Share Transfer Between Shareholders Of The Company .‍En+ announced that En+ and Amokenga entered into a non-binding term sheet in relation to a possible share transfer​.‍Amokenga will subscribe for a certain number of GDRS in En+​.‍as consideration for subscription, Amokenga will transfer about 8.75% of total issued share capital of company to En+​.‍if possible share transfer materializes, En+'s shareholding in co will increase from 48.13% to approximately 56.88%​.

Kaiser Aluminum reports Q3 earnings $1.16/shr

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Kaiser Aluminum Corp :Kaiser Aluminum Corporation reports third quarter and first nine months 2017 financial results.Q3 adjusted earnings per share $0.90 excluding items.Q3 sales $333 million versus I/B/E/S view $335.4 million.Q3 earnings per share view $1.08 -- Thomson Reuters I/B/E/S.Q3 earnings per share $1.16.Kaiser Aluminum Corp qtrly ‍value added revenue $187 million down 5% despite higher shipments​.Kaiser Aluminum Corp - ‍2017 outlook for automotive extrusions and general engineering applications remains unchanged​.Kaiser Aluminum Corp- qtrly shipments 150​ million lbs versus 148 million lbs last year.Kaiser Aluminum Corp - ‍expect 2017 aerospace shipments will be less than prior year due to slower-than-anticipated trentwood ramp-up​.

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