December 2019

Chinese alumina price hits fresh 31-month low amid greater supply from seaborne market

The price of alumina in China fell to its lowest since May 2017 this week amid an abundance of material coming in from the seaborne market despite an already oversupplied domestic market.

Hydro planning to cut output at its Slovalco aluminium smelter due to weak market conditions

Norsk Hydro plans to reduce output by 20% at its majority-owned Slovalco primary aluminium smelter in Slovakia, citing a weakening market, the company announced on Monday December 2.