Norsk Hydro: Well positioned in declining markets, low-carbon aluminium gaining ground
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Friday, July 21, 2023
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Demand for primary aluminium is declining in the short-term, while Chinese supply is returning, leading to the global primary balance weakening in recent months.
Key Points:
- Demand for primary aluminium is declining in the short-term, while Chinese supply is returning, leading to the global primary balance weakening in recent months.
- A stronger market position through our greener aluminium product offering separates us from our peers and makes us attractive for partnerships,” says Aasheim.
- A key pillar within the Hydro 2025 strategy to strengthen the position in low-carbon aluminium is recycling.
- Hydro is gaining further ground on low-carbon aluminium, and achievements have been made across the value chain to meet the increasing demand for greener products.