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    Aluminum Scrap Markets

    Constellium Q1 shipments steady as automotive sheet tightness shifts mix

    Written by Nicholas Bell


    Constellium reported first-quarter shipments of 370,000 metric tons, down slightly from 372,000 metric tons a year earlier. The small change in total volume was underpinned by a shift in product mix tied to tight supply for automotive rolled products in North America.

    Quarterly revenue increased to $2.46 billion from $1.98 billion, while net income rose to $196 million from $38 million. The increase in total sales came from higher revenue per metric ton, including higher metal prices.

    Nicholas Bell

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