Industry News

Constellium to lay off employees due to COVID-19 epidemic

Views : 587
Update time : 2020-05-15 22:02:40
It was reported that Constellium N.V., a Netherlands-based rolled aluminum producer, said its orders of the aerospace, automotive and transportation sectors have continued decreasing or had to be delayed due to the spread of the novel coronavirus epidemic. Also, Constellium planned lay off 250 workers at its plant in Ravenswood, West Virginia.

Since the beginning of this year, under the impact of the epidemic, many companies, including Aleris Corporation, Hydro and Alro Slatina, have decided to shut down some of their plants and cut the investment in this fiscal year.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern