segunda-feira, 16 de abril, 2018

Aluminum supply at risk by cutting production in Brazil and sanctions against Russia, says Hydro

OSLO (Reuters)-the global aluminum market runs the risk of a shortage of supply because of the additional sanctions of the United States against Russia, with the production cuts in Brazil by Norsk Hydro (NHY. OL), told Reuters the Hydro's Chief Executive. Industries ranging from the automakers to soft drink producers care about deliveries and price increases Svein Richard Brandtzaeg said emphasized in an interview. During the weekend, the Hydro conducted an 50% production reduction of Albras, as advised earlier, triggered by an unresolved dispute in your Alunorte alumina refinery, which provides the main raw material. CMAL3 aluminium prices reached maximum levels of six years on the London Metal Exchange on Monday, continuing the high movement which began when the United States imposed sanctions against UC Rusal (0486.HK), the second largest producer II, as well as the courts of own Hydro. "There's a shortage of alumina, and also there will be shortages of aluminum, unless the Rusal can find new markets quickly," Brandtzaeg said Hydro headquarters in Oslo.
Reuters - 16/04/2018 Noticia traduzida automaticamente
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