Hydro's aluminium extruded, rolled product sales plummet due to Covid-19 restrictions

Aluminium producer Hydro has reported a 42% drop in sales from its Extruded Solutions business unit and a 21% drop in rolled product sales for April-May, due to the impact of Covid-19 restrictions.

The Norwegian company announced that its sales from its Extruded Solutions business unit were down 42% in April and May of this year, compared with the same months in 2019, due to weaker market demand following the Covid-19 outbreak.
Hydro sold 138,000 tonnes of extruded products in April and May, compared with 237,000 tonnes in the same months last year. Hydro has the largest global aluminium extrusion-based operation in the world with 100 production sites.
Weaker demand also hit Hydro's rolled products business, with sales in this area down 21% for April and May 2020.

Rolled...

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain