Norsk Hydro Q1 earnings down on Brazil Alunorte embargoes

摘要

HOUSTON (ICIS)--Norsk Hydro Q1 earnings are down by about $299m year on year, due to “the effects of the production curtailment at the Alunorte alumina refinery” as well as to lower aluminium prices and higher raw material costs, the Norway-based company said in its first-quarter results today.