Norsk Hydro has made the strategic decision to open a recycling plant in the USA focused on recycling aluminum into end-products useful for the region’s automotive industry. The company is increasingly focusing its end product towards the automotive sector as the Inflation Reduction Act’s protection stimulates demand within the USA. Boosting output while prices are low isn’t unheard of, as we’re seeing in the nickel market right now with production from Indonesian nickel projects continuing to ramp up. But it is fundamentally the antithesis to what most raw material producers want to do during periods of low prices without justification. Global aluminum prices have been relatively low recently following subdued demand from the construction sector, primarily as a result of…