Cyber-attacks on Norsk Hydro push LME, SHFE Al prices up
Mar 20, 2019 17:30
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The revelation by Norsk Hydro, Norway’s major global aluminum producer headquartered in Oslo, that its computer systems were hit by a cyber-attack on Tuesday has propelled prices of the light metal upwards on leading commodities exchanges on concerns about possible disruptions to supply. Hydro produced nearly 2 million tonnes of primary aluminum last year, Mysteel notes.
“Hydro became victim of an extensive cyber-attack in the early hours of Tuesday (CET), impacting operations in several of the company’s business areas,”the company said through its website. “IT-systems in most business areas are impacted and Hydro is switching to manual operations as far as possible. Hydro is working to