This morning in metals news, the nationwide General Motors strike has entered its third week, Norsk Hydro is opening a new aluminum research lab and Thyssenkrupp announced a new CEO will take over Oct. 1. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
Tag: Norsk Hydro
This Morning in Metals: Final Embargo Lifted on Norsk Hydro’s Alunorte Refinery
This morning in metals news, a Brazilian federal court lifted the final remaining embargo on Norsk Hydro’s DRS2 bauxite residue deposit area, Brazilian miner Vale announced plans to invest in a number of Brazilian communities and Brent crude oil prices fell this week. Keep up to date on everything going on in the world of […]
This Morning in Metals: Rio Tinto to Offer Responsibly Produced Aluminum
This morning in metals news, Rio Tinto will offer independently certified and responsibly produced aluminum, Norsk Hydro hosts Investor Day and copper prices move upward. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Rio Tinto to Offer Responsibly Sourced Aluminum As MetalMiner’s Stuart […]
Norsk Hydro Files Petition Asking Brazilian Federal Court to Lift DRS2 Embargoes
Aluminum maker Norsk Hydro filed a joint petition — along with its alumina refinery Alunorte, the Pará state environmental agency SEMAS and the Ministerio Publico Federal — asking the Brazilian federal court to lift embargoes on the refinery’s DRS2 bauxite residue deposit area. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Norsk Hydro to Supply Aluminum for Audi’s First Fully Electric Model
Oslo-based Norsk Hydro has entered into an agreement with Audi to supply aluminum for the battery housing of the automaker’s first fully electric model. The aluminum, Hydro says, is “processed and manufactured along the entire value chain in an environmentally conscious manner and under socially acceptable working conditions,” conditions which have been confirmed by the […]
This Morning in Metals: U.S. Steel Execs Wary of Potential Mexico Tariffs
This morning in metals news, U.S. steel executives are concerned about the impact of proposed tariffs on Mexican goods, bidders are looking at the liquidated British Steel in parts and Norsk Hydro released its Q1 2019 financial results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Executives Express […]
Alunorte’s Restart Does Not Bode Well for Aluminum Prices
According to the Financial Times, Norsk Hydro’s giant Alunorte refinery in Brazil has been given approval to restart production by the Brazilian authorities. The announcement caught the market by surprise, coming some months earlier than had been expected. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The restart is a boost for Hydro, […]
One of Two Embargoes Lifted on Norsk Hydro’s Alunorte Alumina Refinery
A federal court in Brazil lifted one of two production embargoes on Norsk Hydro’s Alunorte alumina facility, as the Norwegian firm angles to bring the facility back to full capacity. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In October, Brazil’s Institute of Environment and Renewable Natural Resources lifted its embargo […]
Norsk Hydro to Increase Automotive Aluminum Capacity at Husnes Plant
Norwegian aluminum maker Norsk Hydro has recently been in the news for a cyber attack that brought much of its operations to a halt. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook More recently, however, the company turned to more positive news, announcing plans to upgrade technology at its Husnes plant to produce […]
Aluminum MMI: Subindex Steady While Semi-Finished Products Move Higher
The April Aluminum Monthly Metals Index (MMI) held steady this month, again coming in at a value of 88. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Within the MetalMiner IndX(™) aluminum price basket, Korean semi-finished aluminum prices weakened the index score again this month, while the LME price fell […]
