The Brazilian state of Para lifted the production embargo on the Norsk Hydro ASA’s Alunorte alumina refinery. The Norwegian aluminum maker’s ADR $NHYDY rose about 1.5% on the news.
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Norway’s aluminium producer Norsk Hydro reported higher than expected earnings on Wednesay boosted by higher aluminium and alumina prices. $NHYDY results came after both Alcoa and Aluminum Corp of China missed expectations.
Aluminum and Alumina Earnings Above Expectations For Norsk Hydro
Norway’s aluminium producer Norsk Hydro reported higher than expected earnings on Friday boosted by higher aluminium and alumina prices. $NHYDY results came after both Alcoa and Aluminum Corp of China missed expectations.