NHYKF - Chatting With Norsk Hydro's Mike Stier About The Infrastructure Bill's Impact On Aluminum
- Financial stimulus measures can cycle in an economy over a 12-24 month period. However, Stier said Hydro sees this infrastructure program rolling out over a decade.
- Taking aluminum extrusions as an example consumption reached some 6 billion lbs in 2018 and fell due to the pandemic. However, it is projected to rise back above that level through 2023-2025.
- Hydro has expansion plans in place, Stier said. Furthermore, the firm can probably accelerate those plans faster than the infrastructure investments can practically be brought to reality.
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Chatting With Norsk Hydro's Mike Stier About The Infrastructure Bill's Impact On Aluminum