UTC+8 ( BJT)

Cyber-attacks on Norsk Hydro push LME, SHFE Al prices up

ABSTRACT

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

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