Industry News

ArcelorMittal USA to lay off workers at Cleveland plant due to COVID-19

Views : 343
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.
Related News
Read More >>
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
May .15.2025
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
May .15.2025
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
Rio Tinto to launch Simandou iron ore shipments in Nov Rio Tinto to launch Simandou iron ore shipments in Nov
May .15.2025
Rio Tinto to launch Simandou iron ore shipments in Nov
Iron ore prices break through $102 mark Iron ore prices break through $102 mark
May .15.2025
Iron ore prices break through $102 mark