Aluminium: weak European demand remains a key obstacle to market recovery

15 February 2024 | Commodities, Commodities, Economy, Futured, Highlights, News, Market Forecasts - Industrial Metals

According to Norwegian company Norsk Hydro, weak European demand for aluminium remains a key obstacle to market recovery. Norsk Hydro announced adjusted earnings before financial items, taxes, depreciation and amortisation (EBITDA) of NOK 3.74bn ($352m) in the fourth quarter of 2023, down 48 per cent from NOK 7.18m in the same period of 2022. Hydro […]

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