Hydro Q1 extruded solutions production down; Alunorte still under embargo

By IM Staff
Published: Tuesday, 30 April 2019

The Norwegian producer is battling on two fronts - trying to recover from a cyber attack in March that hit its extruded segments business hardest and an embargo at Alunrte that has restricted production at the refinery to 50% for more than a year.

Norsk Hydro’s extruded solutions business has suffered the most production challenges and financial losses following a cyber attack that hit the company on March 19, the Norwegian aluminium producer said.

In a statement released on April 30, Hydro said the cyber attack is estimated to have a financial impact...

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