Europe

Hydro’s Fourth Quarter Results Sag Thanks To Sluggish Demand And Anemic Metals Markets

Hydro’s Fourth Quarter Results Sag Thanks To Sluggish Demand And Anemic Metals Markets

Norwegian aluminium smelter Norsk Hydro ASA released results for the final quarter of 2019 on Friday. Falling demand and weak metals prices took its toll in the period, resulting in a tepid bottom line. In the prior quarter, Hydro posted an underlying...

US, EU, and Japan Aluminium Associations Laud Agreement To Strengthen WTO Rules Against Subsidized Capacity

The Aluminum Association, European Aluminium, and the Japan Aluminium Association released a joint statement yesterday hailing an agreement among their respective governments to cooperate on strengthening World Trade Organization rules on industrial subsidies. Citing an agreement among trade ministers from the three jurisdictions that the WTO Agreement on Subsidies and Countervailing Measures should be amended […]

Sales Of Low-Carbon Aluminium Expected To Double In 2020: Norsk Hydro

Norwegian aluminium smelter Norsk Hydro ASA forecasts a doubling in the sales of its low-carbon aluminium over the course of the coming year, with even greater gains beyond that. Such was the message delivered by a company executive who spoke with Reuters last week. In an interview with the news outlet, Hydro’s Extruded Solutions head […]

Aluminium Stewardship Initiative Certifies Aludium’s Twin Plants In Spain Against ASI Performance Standard

The Aluminium Stewardship Initiative (ASI) said yesterday that Spanish aluminium midstream manufacturer Aludium’s two plants in Spain have been certified against ASI’s Performance Standard. The two plants, which are located in Amorebieta and Alicante, specialize in remelting, refining, casting, and semi-fabricating aluminium. The company also operates a research and development center and conducts administrative functions […]

Aluminium Stewardship Initiative Certifies Bridnorth Aluminium Against ASI Performance Standard

The Aluminium Stewardship Initiative (ASI) yesterday announced the certification of Bridnorth Aluminium’s plant in Shropshire, United Kingdom to the ASI Performance Standard for responsible aluminium production. The newly-certified plant consists of casthouses, rolling mills, a pair of Litho Centres, a multi-slitting line, and finishing lines. In operation since 1933, the plant produces lithographic coils, foilstock, […]

M.T. Abraham To Pitch 15-Year Lease Agreement To Aluminij Mostar

Talks over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar continue this week between the government and a Sino-Israeli consortium, but the recently laid-off workforce at the plant is reportedly not optimistic that such talks will yield a positive outcome. Aluminij management will continue to meet with representatives from the consortium, which is headed […]