Hydro to continue production curtailment process at primary aluminium plant in Neuss - quick facts

(RTTNews) - Norsk Hydro (NHY) said that it has decided to continue the production curtailment process at its primary aluminium plant in Neuss, Germany, due to weak market conditions and high energy costs for the smelter. The plant has an annual production capacity of 230,000 tonnes. A controlled reduction in production, making the main parts of the plant ready for mothballing, will take approximately two months. The Neuss smelter has already reduced production by 30,000 tonnes per year. The supervisory board of Hydro Aluminium Deutschland GmbH decided to further reduce primary aluminium production at Neuss toward a full mothballing of electrolysis, unless there is a fundamental improvement in relevant frame conditions. The fabrication of anodes will be reduced accordingly, while the plant's casthouse will continue remelt operations, producing sheet ingots to serve nearby customers. For comments and feedback: contact editorial@rttnews.com