# Hydro signs €1B deal to supply low-carbon aluminium to NKT

Hydro signed a long-term contract valued at around €1 billion to supply low-carbon aluminium wire rod to NKT for power cable production to upgrade Europe's grid infrastructure.

- Type: Contract
- Announced: 2025-04-29
- Value: $1.09B (1.00B EUR)
- Status: announced
- Products: low-carbon aluminium wire rod
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Norsk Hydro](https://endata.com/companies/7133.md)
- [NKT](https://endata.com/companies/15394.md) (customer)

## Sources

- [reuters.com](https://www.reuters.com/sustainability/climate-energy/hydro-signs-billion-euro-deal-supply-nkt-with-low-carbon-aluminium-eu-grid-2025-04-29/), 2025-04-29: "Hydro has signed a long-term deal to supply low-carbon aluminium wire rod to Denmark's NKT for the production of power cable to upgrade Europe's grid infrastructure"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.