Norsk Hydro ASA (NHYDY) Research

Norsk Hydro ASA is a globally operating industrial enterprise, deeply involved in the aluminum value chain from its raw materials to finished products, as well as significant energy operations. Its comprehensive activities include bauxite mining, alumina refining, primary aluminum production, remelting, and recycling, alongside the manufacturing of extruded solutions. The company organizes its operations into distinct segments. The Bauxite & Alumina division manages the extraction of bauxite and the subsequent production and sale of alumina. The Aluminium Metal segment focuses on the creation of primary aluminum products, offering extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets unit is responsible for the commercialization of primary metal output, overseeing recycling facilities, and engaging in both physical and financial metal trading. Through its Extrusions segment, Norsk Hydro supplies specialized aluminum profiles, building systems, and precision tubing, catering to sectors such as construction, automotive, and heating, ventilation, and air conditioning, while also operating its own recycling sites. Lastly, the Energy segment encompasses energy trading and wholesale activities in Brazil, strategic energy sourcing, the management of Norwegian power stations, and the development of renewable energy sources including wind, solar, battery storage, and hydrogen. Founded in 1905, Norsk Hydro ASA is headquartered in Oslo, Norway.

Market snapshot

Symbol
NHYDY
Price
$10.44
Day change
-0.95%
Market cap
$200.2B
P/E ratio
32.64x
52-week range
5.42-13.02
Sector
Basic Materials
Industry
Aluminum
Next earnings
in 1 month

Recent news

  • Norsk Hydro to shut two US plants, cutting 350 jobs

    Norwegian aluminium company ​Norsk Hydro will ‌close two of its metal ​extrusion plants ​in the U.S. next ⁠year, affecting ​around 350 ​jobs, the group said in a statement ​on Wednesday.

  • Exclusive: Norsk Hydro declares new force majeure on Qatar aluminium

    Norsk Hydro has declared a second force majeure on aluminium sales from Qatar after its Qatalum joint venture unexpectedly terminated a marketing ​agreement with the Norwegian company, according to a notice reviewed by Reuters ‌on Friday.

Peer companies

  • Anhui Conch Cement Company Limited (AHCHF)
  • Aluminum Corporation of China Limited (ALMMF)
  • Boliden AB (publ) (BDNNY)
  • Evolution Mining Limited (CAHPF)
  • CEMEX, S.A.B. de C.V. (CXMSF)
  • Ivanhoe Mines Ltd. (IVPAF)
  • Jiangxi Copper Company Limited (JIAXF)
  • Nippon Steel Corporation (NPSCY)

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