IN CASE YOU MISSED IT: 5 key stories from June 27

Here are five Fastmarkets MB stories you might have missed on Thursday June 27 that are worth another look.

European steelmakers are concerned about the future viability of the steel industry in the United Kingdom should it leave the European Union at the end of October without a deal, they said at European Steel association Eurofer’s European Steel Day in Brussels on Wednesday June 26.

A gallery collapse at Glencore’s Kamoto Copper Co in the Democratic Republic of the Congo has killed 19 people, the company said in a filing on the London Stock Exchange on June 27.

The 18-month labor contract dispute between unionized workers and aluminium producers Alcoa and Rio Tinto at the Aluminerie de Becancour Inc (ABI) smelter in Quebec, Canada, will end next month, possibly with the smelter’s complete curtailment if workers reject ABI management’s latest offer.

The molybdenum market continued to weaken in the first half of this week, with strikes at two Chilean producers failing to give support to prices amid thin spot liquidity.

Henrik Adam will replace Hans Fischer as chief executive officer of Tata Steel Europe when the latter retires on July 1, the company said on June 27. Adam has been chief commercial officer of the company since 2011.

What to read next
The attack by the Russian army on a hydroelectric power plant in Nova Kakhovka in southern Ukraine on Tuesday June 6 has affected steelmaking operations at Kryvyi Rih, where ArcelorMittal’s Ukrainian steel mill and Metinvest’s mining and processing plants (GOKs) are located, sources have told Fastmarkets
Fastmarkets will launches its price assessment for ferro-chrome low carbon, 0.10% C, basis 60-64.9% Cr, CIF Europe, on Tuesday June 6.
Find out how Mitsui and Kobe Steel seek to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant.
Fastmarkets proposes to launch published netback rates for both purity and incoterm differentials for its aluminium P1020A Rotterdam premiums.
Fastmarkets proposes to amend the publishing frequency of its three calcined alumina prices from monthly to quarterly.
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed