According to Hydro's official website, Hydro's adjusted EBITDA for the first quarter of 2026 was NOK 8.668 billion, lower than NOK 9.516 billion in the same period last year. This was mainly due to lower raw material costs, higher metal prices, and increased sales of alumina and metals, but this was partially offset by lower alumina prices, a stronger NOK, and lower electricity generation. Hydro's profitability was strong this quarter, with adjusted earnings per share increasing to NOK 2.07 in the first quarter of 2026, compared to NOK 1.63 in the first quarter of 2025. The upstream business segment continued to operate strongly in the first quarter.

Hesheng Co., Ltd. disclosed its 2025 annual report on April 29. In 2025, the company achieved total operating revenue of 4.011 billion yuan, a year-on-year increase of 20.34%; net profit attributable to the parent company was 155 million yuan, a year-on-year increase of 92.47%.

Jiaozuo Wanfang announced that its operating revenue for the first quarter of 2026 was 1.757 billion yuan, a year-on-year increase of 18.49%. Net profit was 511 million yuan, a year-on-year increase of 216.46%.

Yechiu Resources released its first-quarter earnings report. In the first quarter of 2026, the company's revenue was approximately RMB 1.875 billion, an increase of 4.51% year-on-year; net profit attributable to shareholders of the listed company was approximately RMB 59.97 million, an increase of 179.68% year-on-year; basic earnings per share were RMB 0.0272, an increase of 180.41% year-on-year.

According to foreign media reports, the Indian government announced Monday evening that it will launch an investigation into certain aluminum wire products from Malaysia in response to review applications submitted by companies including Indian Aluminium Corporation, Vedanta, and Bharat Aluminium. The existing countervailing duties are set to expire in September, and the investigation aims to determine whether it is necessary to extend the tariffs.

SMM News, April 30: According to SMM statistics, China’s primary aluminum output in April 2026 (30 days) rose by 1.7% year-on-year and fell by 2.9% month-on-month. As the traditional peak consumption season continues, demand from downstream sectors including aluminum sheet, strip & foil and aluminum wires & cables has formed effective support. The domestic liquid aluminum ratio edged up moderately, rising by 1.7 percentage points month-on-month to 75.3% in April. The overall performance was slightly below early-month expectations, mainly dragged by weaker-than-anticipated orders for aluminum profiles. Based on SMM’s liquid aluminum ratio calculation data, domestic primary aluminum ingot output in April dropped by 3.4% year-on-year and 9.0% month-on-month. Capacity Changes: As of late April, China’s commissioned primary aluminum capacity surveyed by SMM stood at approximately 46.209 million tons, showing no month-on-month changes. Output Forecast: In May 2026, the liquid aluminum production ratio among domestic primary aluminum producers will operate in a differentiated pattern. Overall, with the recovery of overseas market demand, export orders for domestic aluminum fabricated products are expected to keep improving, supporting a mild rebound in the liquid aluminum ratio. comprehensively, the liquid aluminum ratio is projected to increase by 0.5 percentage points to 75.8%.