Norwegian aluminum producer Norsk Hydro has established a bauxite and alumina trading business in China to supply aluminum smelters, a sign producers have found ways to profit from China's surging output which many say threatens smelters in the rest of the world. The company created Hydro Aluminum Beijing Ltd in January this year and maintains a small office with five employees, including a trader and a market analyst, Simon Storesund, Norsk Hydro senior vice president bauxite and alumina, said on the sidelines of Metal Bulletin's International Aluminum Conference.
