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.
