Nonferrous

  • China slowdown weighs on copper outlook Sep 17, 2014

    A drop in copper demand from China will weigh on primary and secondary copper prices, but a brighter economic outlook in the U.S. will allay some fears, economists said during the Institute of Scrap Recycling Industries’ Commodities Roundtable in Chicago.

  • Land bill spurs Nevada Copper project Sep 17, 2014

    Nevada Copper Corp. expects its Pumpkin Hollow copper project to become fully permitted by early next year after the U.S. House of Representatives passed the Northern Nevada Land Conservation and Economic Development Act.

  • Midwest premiums hold firm but increases seen looming Sep 17, 2014

    Midwest aluminum premiums held steady this week, but market participants said that premiums could head higher in step with increased North American capacity constraints.

  • Water rules, freight concerns for copper Sep 17, 2014

    Regulations put in place to control lead in drinking water continue to pose challenges for copper scrap consumers, market participants said during the Institute of Scrap Recycling Industries’ Commodities Roundtable in Chicago.

  • Market bullish on aluminum growth Sep 17, 2014

    The aluminum market remains poised for continued growth through 2014 and into 2015, but concerns persist, according to attendees at the Institute of Scrap Recycling Industries Commodities Roundtable in Chicago.

  • Steel will stay No. 1 in autos: ArcelorMittal Sep 17, 2014

    ArcelorMittal SA expects steel to remain the material of choice for cars and light trucks, according to company executives.

  • RTI signs supply deal for Leap engine Sep 16, 2014

    A long-term agreement to supply titanium aluminide to Snecma SA could mean an ultimate market of more than $100 million for RTI International Metals Inc., which is now one of two major suppliers of the alloy for the French aircraft engine builder’s new engine.

  • Clarification: Importers plead guilty Sep 16, 2014

    Due to misinformation provided to AMM by U.S. Customs and Border Protection and a misreading of a plea agreement, an article in the Sept. 4 issue inaccurately stated that four executives of Puerto Rico-based Sultana Screens & Aluminum Sales Inc. and Aluwest Industries Inc. had pleaded guilty to smuggling charges in connection with a scheme to evade U.S. anti-dumping and countervailing duties.

  • Noranda appealing energy decision Sep 15, 2014

    Noranda Aluminum Holding Corp. is asking the Missouri Public Service Commission (PSC) to reconsider its order denying the company a reduced electricity rate at its New Madrid, Mo., smelter.

  • Mitsubishi Shindoh OKs extension in patent suit Sep 15, 2014

    Mitsubishi Shindoh Co. Ltd. counsel has agreed to a request by Conbraco Industries Inc. to extend the deadline for the latter to mull over potential settlement discussions in a patent dispute between the companies, Conbraco said in a court filing.

  • “Titanium cheaters” pose an ongoing threat Sep 15, 2014

    A lawsuit recently filed by United Technologies Corp. (UTC) shows that defense contractors are "still vulnerable" to an ongoing problem with "suspect" titanium that has persisted for 15 years, according to an aviation trade journal.

  • Sesa Sterlite appeals court ruling Sep 15, 2014

    Sesa Sterlite Ltd. is appealing a court decision ordering it to pay nearly $83 million to copper miner Asarco LLC.

  • Buenavista setting up trust to fund mine cleanup Sep 12, 2014

    Buenavista del Cobre SA de CV, a subsidiary of Southern Copper Corp., will establish a trust of 2 billion pesos ($151 million) to pay for cleanup costs related to the tailings spill from its Buenavista Mine project in Mexico.

  • Copper premiums slump in slow mart Sep 12, 2014

    Premiums for physically delivered spot copper fell to a 17-month low this past week amid anticipation of slowing economic activity in the third quarter, according to market sources.

  • Brass mill imports fall, exports rise in July Sep 12, 2014

    U.S. brass mill product imports and exports posted mixed moves in July compared with the same month a year earlier, according to data from the Copper and Brass Fabricators Council.

  • Copper mill product prices climb on construction Sep 11, 2014

    U.S. copper and brass mill product prices have been driven higher by improved demand from the nonresidential construction sector, according to Fitch Ratings Inc.

  • Alcoa inks big supply deal with Boeing Sep 11, 2014

    Alcoa Inc. has signed a long-term, multi-year contract to supply aluminum sheet and plate products to aerospace and defense giant Boeing Co.

  • Midwest aluminum premiums edge higher Sep 11, 2014

    Midwest aluminum premiums continued to trend higher this week, with market participants saying that consumers were attempting to lock in premiums for the remainder of 2014 contracts in an attempt to mitigate upside price risk.

  • Tricor adding titanium mill products at aerospace unit Sep 11, 2014

    Tricor Metals Inc. is expanding its recent entry into aerospace and related titanium markets with the addition of mill products at its new distribution unit, Tricor Alloys.

  • Mount Polley environmental concerns raised Sep 10, 2014

    Imperial Metals Corp.’s Mount Polley Mine was found to be discharging effluent from its tailings storage facility following an inspection by the British Columbia Ministry of Environment.

  • Judge asked to reinstate LME in lawsuit Sep 10, 2014

    U.S. aluminum purchasers have asked a judge in U.S. District Court in New York to reconsider a decision dismissing the London Metal Exchange from an antitrust lawsuit, claiming that the LME is not entitled to foreign sovereign immunity.

  • US ferrochrome consumption rises in 1st half Sep 10, 2014

    High-carbon ferrochrome consumption in the United States increased 1.6 percent in the first half of this year and low-carbon ferrochrome consumption jumped 13.3 percent compared with the same period last year, according to U.S. Geological Survey (USGS) data.

  • NA Tungsten gets approval for Mactung Mine in Yukon Sep 10, 2014

    North American Tungsten Corp. Ltd. has received environmental approval for its Mactung tungsten mine in Canada’s Yukon Territory.

  • Aluminum trend to continue: IHS analyst Sep 10, 2014

    Steel deserves credit for some of the 700 pounds Ford Motor Co. shed on its new aluminum-bodied F-150 pickup, according to one automotive analyst.

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