LME Aluminum Stockpiles Sink to Lowest Level Since 1990 | HappeningNow.news

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LME Aluminum Stockpiles Sink to Lowest Level Since 1990

Norwegian aluminum producer Norsk Hydro's Alunorte plant in Brazil, one of the world's largest alumina refineries, reduced output by 50%…

Source OilPrice AI Summary Updated 2h 10m ago
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Norwegian aluminum producer Norsk Hydro's Alunorte plant in Brazil, one of the world's largest alumina refineries, reduced output by 50% following disruptions to natural gas availability. Bloomberg reports that disruptions to NatGas availability at Alunorte forced a 50% reduction in output and sent aluminum prices in London to a seven-week high. Hydro said…

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