|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31.05.26 - 16:12
|
The Aluminum Shock Hitting the Global Economy (Bloomberg)
|
|
|
The global aluminum market is being squeezed by two powerful forces at once: conflict in the Middle East and rising US tariffs. Industry executives say disruptions to production and shipping in the Gulf region are removing significant supply from global markets just as tariffs are already pushing prices higher for American buyers. Jean Simard of the Aluminium Association of Canada warns the full impact of blocked shipments and damaged smelters has yet to hit North America, while Norsk Hydro executive Trond Christophersen says Asian markets are facing even greater physical supply risks. For manufacturers like Minnesota-based Wolf Tooth Components, the combination of tariffs, supply disruptions and surging demand from AI data centers is driving costs sharply higher and creating new uncertainty across the aluminum supply chain. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
29.04.26 - 07:54
|
Norsk Hydro Q1 Profit, Revenue Decline (AFX)
|
|
|
OSLO (dpa-AFX) - Norsk Hydro ASA (NHYDY), an aluminium and renewable energy company, on Wednesday reported lower first-quarter earnings, mainly impacted by decline revenue.Earnings before financia......
|
|
|
|
|
29.04.26 - 07:03
|
Norsk Hydro: Strong results reflect solid operational performance (GlobeNewswire EN)
|
|
|
Hydro's adjusted EBITDA for the first quarter of 2026 was NOK 8,668 million, down from NOK 9,516 million in the same quarter last year. Lower raw material costs, higher all‑in metal prices, and increased alumina and metal sales volumes, were more than offset by lower alumina prices, a stronger NOK, and reduced power production. Hydro delivered strong profitability in the quarter, with adjusted earnings per share increasing from NOK 1.63 in the first quarter 2025 to NOK 2.07 in the first quarter 2026. Operating capital increased due to higher metal prices and sales, giving a free cash flow of negative NOK 4 billion. The twelve month adjusted RoaCE ended at 10.1 percent. ...
|
|
|
|
|
|
|
|
|
|