By Christian Moess Laursen Tata Steel said it expects up to 2,800 employees will be affected by a restructuring of its U.K. business as it seeks to reverse.
Steelmaker ArcelorMittal is likely to benefit from a windfall of free European Union carbon allowances potentially worth hundreds of millions of dollars.
Wednesday, lithium miner Albemarle announced head count reductions and less capital spending. Electric-vehicle demand isn’t keeping up with lithium supply.