Home / Metal News / Aluminium / Aluminum demand is sluggish, US companies lay off staff and cut production
Aluminum demand is sluggish, US companies lay off staff and cut production
May 27,2020 10:39CST
translation
The content below was translated by Tencent automatically for reference.

SMM5 March 27: since late February, aluminum prices began to fall, COVID-19 led to a decline in global aluminum demand is one of the reasons.

Since the outbreak, the downstream industries of aluminum, such as the automobile industry, have collapsed. It had been predicted that 16 million cars would be sold in the United States in 2020, but the figure is now thought to be less than 12 million.

In response, Aludyne Inc., a global aluminum chassis manufacturer headquartered in Michigan, It is about to cut 250 jobs in Michigan and Georgia.

Alcoa (Alcoa Corp.) also said it would close its smelter in Findale, Washington, and lay off 700 employees. The aluminium giant said it was cutting global smelting capacity in half.

Aluminum imported by the United States through marine transportation companies (tons)

Aluminum imported by the United States through ports (tons)

The United States imports aluminum by country (tons)

"Click to participate in the second China (Yingtan) Copper Industry Summit Forum and the 15th China International Copper Industry chain Summit"

"these enterprises have signed up! (part of the list of participants is attached)

To sign up for the summit or apply to join the SMM industry exchange group, please scan the code:

Imported aluminum
non-ferrous metals
the United States

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn