Norsk Hydro to idle two recycling, some extruded solutions operations

March 24, 2020 / www.metalbulletin.com / Article Link

Norsk Hydro will temporarily idle two European recycling operations - one each in France and Luxembourg - and will reduce or temporarily close some activities in its extruded solutions unit, mostly in southern Europe.

The company warned that there could be impact on its rolled products business, which is largely running normally at present, in the coming days due to customers closing production in Europe, particularly in the automotive sector. 
The company's customers are being impacted by the novel coronavirus (2019-nCoV), especially in the automotive segment and parts of the building and construction sector, and most imminently in southern Europe, the Norwegian producer said.

"Hydro is reducing...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok