Nonferrous RSS

  • Sapa reports loss in first quarterly report Feb 06, 2014

    Sapa AS posted a net loss of 280 million Norwegian kroner ($44.6 million) in the fourth quarter of 2013—the company’s first quarterly report since launching in September last year.

  • Copper concentrate output at Caserones mine delayed Feb 06, 2014

    Commercial production of copper and molybdenum concentrates from the Caserones copper mine in Chile has been delayed to May due to construction snags and a strike.

  • Europe eyes FeV crimp if US nixes duties Feb 06, 2014

    Ferrovanadium availability in Europe could drop in the short-term if the U.S. International Trade Commission (ITC) removes anti-dumping orders on imports from China and South Africa.

  • Radcliff Wire facing $109,340 penalty for safety allegations Feb 06, 2014

    Radcliff Wire Inc. is facing penalties totaling $109,340 for alleged serious and repeat violations of workplace safety standards.

  • Midwest aluminum premiums dip slightly Feb 06, 2014

    Midwest aluminum premiums may begin to fall back to earth as producers, traders and banks court physical consumers whose short-term requirements have already been met, market sources said.

  • DLA sells ferrochrome to five companies Feb 05, 2014

    DLA Strategic Materials sold 2,000 short tons of high-carbon ferrochrome and 634 tons of low-carbon ferrochrome to five companies for a combined $4.36 million in January.

  • Weather impacts Horsehead’s zinc facility Feb 05, 2014

    Horsehead Holding Corp. announced that the commissioning of its zinc production plant in Mooresboro, N.C., is proceeding as planned, although it is experiencing delays due to “severe weather conditions” and “relatively minor equipment debugging issues.”

  • Copper price set to climb in ’16: Macquarie analyst Feb 05, 2014

    The copper market could reach $4 per pound in the latter half of this decade as supply tightens, according to Jim Lennon, managing director of Red Door Research Ltd. and senior consultant of commodities at Macquarie Capital Securities Ltd.

  • LME ‘committed’ to premium-hedging probe Feb 05, 2014

    The London Metal Exchange is "committed" to investigating the viability of on-exchange premium-hedging and discovery tools, head of business development Matt Chamberlain said Feb. 5.

  • Mercuria is favored bidder for JPMorgan unit Feb 05, 2014

    Switzerland-based energy and commodities trading firm Mercuria Energy Group Ltd. has been selected to enter exclusive talks on the acquisition of JPMorgan Chase & Co.’s physical commodities business.

  • ITC to review China, South Africa FeV duties Feb 05, 2014

    The U.S. International Trade Commission (ITC) will conduct full five-year sunset reviews of anti-dumping duty orders on ferrovanadium imports from China and South Africa.

  • Dead Sea Magnesium, Traxys end agreement Feb 04, 2014

    Dead Sea Magnesium Ltd. has terminated its sales distribution agreement with Traxys North America LLC, according to market sources and a letter from the Israeli producer.

  • Can maker Rexam to sell noncore business Feb 04, 2014

    Beverage can maker Rexam Plc is close to shedding all businesses that don’t produce cans.

  • Cochilco sees 2014 copper price at $3.15/lb. Feb 04, 2014

    Chilean copper commission Cochilco has forecast an average copper price of $3.15 per pound for this year, citing falling inventories at metal exchanges.

  • Aleris to temporarily halt Richmond production Feb 04, 2014

    Aleris International Inc. plans to temporarily halt production and lay off workers at its rolling mill in Richmond, Va., which has suffered its third fire in less than a year.

  • Brazil's aluminum premiums get Midwest lift Feb 04, 2014

    Average spot P1020 aluminum premiums in Brazil are at $600 per tonne, with market participants attributing the rise to higher U.S. Midwest premiums.

  • FerroAtlántica to build silicon plant in Quebec Feb 04, 2014

    A new Grupo FerroAtlántica SA silicon metal plant in Quebec could include six furnaces with a total capacity of up to 100,000 tonnes per year, market sources told AMM.

  • CarTech expects uptick in titanium sales Feb 03, 2014

    Carpenter Technology Corp.’s titanium sales fell in its fiscal second quarter, partly due to low prices, but it expects demand to improve later in the year.

  • Silicon prices climb on tight supplies Feb 03, 2014

    Silicon metal prices are on the rise, with supplies tightening abroad and demand remaining solid in North America, market participants told AMM.

  • PMI down in Jan. as manufacturing slowed Feb 03, 2014

    Manufacturing activity continued to expand in January but at a less-frenetic pace, according to one key measure, with a number of manufacturers citing the severe winter weather.

  • Indonesia outlines criteria for mining product exports Feb 03, 2014

    Indonesia has outlined conditions and approvals that are needed before mining companies can export refined products and processed minerals, according to a Ministry of Trade regulation cited on the website of international law firm O’Melveny & Myers LLP.

  • Two OK’d for aluminum warehousing in Ky. Feb 03, 2014

    Pacorini Metals USA LLC and Grupo BTG Pactual SA have been approved to store aluminum by the Owensboro Riverport Authority in Kentucky.

  • Norilsk records lower nickel production Feb 03, 2014

    MMC Norilsk Nickel reported a 5-percent year-on-year decrease in nickel production in 2013 due in part to lower shipments of nickel semis to its nickel refinery in Harjavalta, Finland, and the mothballing of its Lake Johnston project in Western Australia.

  • Demand driving CarTech to lift Ti fastener stock capacity Jan 31, 2014

    Carpenter Technology Corp. plans to add 400,000 pounds of titanium finishing capacity in a move that is expected to boost its role in aerospace fasteners.

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