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Norsk Hydro announces operational update for April-May business performance

16 Jun 2020 13:33 reported by Joy Liu

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Norsk Hydro, a Norwegian aluminum and renewable energy company, released its operational update for the April-May business performance before officially issuing the second-quarter report considering the market uncertainty caused by the lasting COVID-19 epidemic.

Among them, the output of bauxite and alumina had a year-on-year increase of 94% and 82% to 1,761 tons and 989 tons respectively, while the sales volume of rolled and extruded products dropped by 21% and 42% year on year to 131 tons and 138 tons respectively, which was mainly due to the weak global demand amid the epidemic.