ArcelorMittal USA to lay off workers at Cleveland plant due to COVID-19
Views : 300
Update time : 2020-07-31 21:26:37
It was reported that ArcelorMittal USA declared on July 24 to lay off 425 workers from its plant in Cleveland before August 1 because of the effect of the coronavirus epidemic.
The company said most of the downstream plants are still suspended now. Even though part of the companies is resumed operation, the demand in the short time will not be increased considering the limitation of commercial status.
ArcelorMittal USA said it was also probable to lay off more employees in an unlimited period and the current situation might continue over a half a year.
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
