Weak primary aluminium demand to continue in Q3, Q4: Norsk Hydro CFO

European aluminium producer Norsk Hydro expects weak demand for primary aluminium to extend into the third and fourth quarter of 2023, the company’s chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview on Friday July 21.

The company announced a year-on-year decline in adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of 39% in the second quarter of 2023, pointing to weaker aluminium and value-added...


Imogen Dudman

July 21, 2023

17:52 GMT