Greek aluminium and copper producer ElvalHalcor reported a dip in profits for the first quarter of 2019 due to weak aluminium prices, according to a trading update published on Wednesday May 22.
The company, a subsidiary of Belgium-based holding company Viohalco, reported gross profit of ?,?40.4 million ($45 million) for the first quarter, down by 6% from ?,?43 million in January-March 2018.ElvalHalcor attributed the fall in profits to lower aluminium prices during...