Kaiser Aluminium (KALU) Gains 34% in 3 Months: More Room to Run?
Net sales for the aerospace/high-strength applications were $221 million and conversion revenues were $137 million, reflecting a 12% increase year over year. The improvement reflects higher pricing, along with growth in shipments, driven by demand for diversified applications. Net sales for general engineering applications were $153 million and conversion revenues were $80 million, reflecting a modest year-over-year increase on a 2% rise in shipments. Sales for general engineering applications rebounded fro ...