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Aluminum product shipments from U.S. and Canadian service centers increased in March compared with a month earlier while inventories edged lower.
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DLA Strategic Materials is again offering 1,000 short tons of high-carbon ferrochrome and 1.68 million pounds of low-carbon ferrochrome from its Point Pleasant, W.Va., depot.
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AMG Advanced Metallurgical Group NV has appointed senior vice president and group controller Amy Ard as chief financial officer.
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Kennecott Utah Copper has declared force majeure after a wall slide forced the company to suspend mining at its Bingham Canyon operation.
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Global miner Rio Tinto Plc has cut its 2013 copper production forecast in the wake of a wall slide at the company’s Kennecott Utah Copper operation.
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Kennecott Utah Copper LLC has declared force majeure after an April 10 wall slide forced the company to suspend mining at its Bingham Canyon Mine.
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Toyota Tsusho Corp. is looking to expand its nonferrous metals trading operations in New York, according to market sources.
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Seven of nine prime and scrap metal price indices tracked by the U.S. Bureau of Labor Statistics declined month on month in March, and all but one index was weaker year on year.
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Chilean copper production rose 4 percent year on year in February on larger volumes at Corporación Nacional del Cobre de Chile (Codelco) and Antofagasta Plc.
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MMC Norilsk Nickel’s full-year net income fell 41 percent to $2.1 billion last year, with $976 million in noncash write-offs.
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Aluminum billet market views are mixed, with some saying a seasonal demand uptick has largely failed to materialize as supplies increased, while others contend that the automotive, and building and construction markets are bringing some renewed vigor.
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Copper cathode premiums are expected to climb as a result of Kennecott Utah Copper halting mine production following a wall slide at its Bingham Canyon Mine.
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GBC Metals LLC, part of Olin Brass Inc., plans to increase prices for its light-guage, narrow-width and specialty finish products beginning with June 28 shipments.
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The Commerce Department’s International Trade Administration (ITA) has issued a partial rescission in an anti-dumping duty administrative review of imports of seamless refined copper pipe and tube from Mexico from Nov. 1, 2011, to Oct. 31, 2012.
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Service centers will be affected by the conflict minerals reporting requirements coming into force in 2014 as many of their customers are subject to the rules.
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RTI International Metals Inc. plans to sell $350 million in 1.625-percent convertible senior notes, raising the amount of its initial intended offering by $100 million.
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The time is ripe for borrowing money and making acquisitions, according to Alan Beaulieu, president of ITR Economics and chief economist of the Copper and Brass Fabricators Council.
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Citing an appreciation in China’s yuan, the U.S. Treasury Department declined to name the Asian nation a currency manipulator in a semi-annual report to Congress released April 12.
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Junior mining company Tungsten Corp. has acquired all the issued and outstanding shares of Nevada Tungsten Holdings Ltd.
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American Vanadium Corp. has closed a nonbrokered private placement of 1.6 million shares, raising more than Canadian $1.12 million ($1.11 million).
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Kennecott Utah Copper continues to produce cathode at its refinery using stockpiled inventory after an April 10 wall slide forced the company to halt mining operations at its Bingham Canyon Mine.
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The restart of Revett Minerals Inc.’s flagship Troy Mine in northwestern Montana has taken longer than expected because of permitting issues, the company said.
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Midwest aluminum spot premiums held their ground this past week as warehousing deals and a tighter aluminum scrap market bolstered tags despite continued concerns about end-use demand in some markets.
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High-carbon ferromanganese prices have weakened to between $1,090 and $1,145 per long ton from $1,090 to $1,165 previously, with a three-truckload deal reported at the top end of the range this past week.