Nonferrous RSS

  • Ball eyes extruded aluminum growth Jan 31, 2014

    Ball Corp. plans to continue expanding its extruded aluminum business “both organically and inorganically, via acquisition,” according to its top executive.

  • Golden Aluminum names Frim chief exec Jan 31, 2014

    Golden Aluminum Inc. has promoted Jeff Frim to chief executive officer, effective Feb. 1, in addition to his current position as president.

  • Ferrovanadium prices continue upturn Jan 31, 2014

    Ferrovanadium spot prices saw further gains this past week, with market participants continuing to report shortness of supply.

  • ATI sponge plant closure seen a non-issue Jan 31, 2014

    Allegheny Technologies Inc.’s (ATI’s) permanent closure of its Albany, Ore., titanium sponge plant is seen having little impact on the market, industry sources said, as ATI’s newer Utah plant sponge facility continues to pursue premium-grade qualification.

  • High-carbon ferromanganese prices up Jan 31, 2014

    High-carbon ferromanganese spot prices have continued to strengthen on the back of a reported tightness in domestic supply and weather-related transport issues.

  • Boeing foresees smoother output of commercial jets Jan 31, 2014

    Boeing Co. expects fewer production risks after establishing cutting-edge technologies, such as the composites used to build the company’s 787 Dreamliner.

  • Almatis wins court approval to acquire Ormet’s alumina Jan 31, 2014

    Ormet Corp. has received court approval to sell $237,150 worth of alumina and alumina dust to Almatis BV.

  • Century wins approval of Sebree power agreement Jan 31, 2014

    Century Aluminum Co. has received approval from Kentucky regulators to buy power on the open market for its Sebree, Ky., smelter in a move the company said will allow the plant to continue to operate "over the long-term."

  • Metal shipments delayed by severe weather Jan 30, 2014

    Snowstorms and sub-zero temperatures have delayed metal product shipments by up to five days in some regions, especially around the Great Lakes, and transportation and logistics companies expect they won’t be able to make up for lost business due to customer facility closures.

  • Midwest aluminum premiums find level ground Jan 30, 2014

    Midwest aluminum premiums have leveled off following a record run-up over the past month, with market sources continuing to disagree over the staying power of such high premiums.

  • Nickel premiums rise on tight supply Jan 30, 2014

    Melting-grade nickel spot premiums rose Jan. 29, the first movement since last March, with tightness in refined nickel availability catching up to the North American spot market, according to industry participants.

  • Brazil tax law revisions to lift Norsk Hydro’s costs Jan 30, 2014

    New tax laws in Brazil’s Pará state will increase costs for Norsk Hydro ASA’s alumina and bauxite business by about 60 million real ($24.8 million) per quarter, the company said Jan. 29.

  • Northeastern Aluminum, top exec deny evading duties Jan 30, 2014

    Northeastern Aluminum Corp. and its president, William Ma, are seeking dismissal of federal accusations that they were part of a duty-evasion scheme.

  • Europe’s lead premiums up despite strong competition Jan 30, 2014

    European primary lead producers have secured a $10- to $20-per-tonne increase in contractual premiums for this year despite competition from recyclers producing high-quality secondary feed.

  • Noranda plans to trim management Jan 30, 2014

    Noranda Aluminum Holding Corp. plans to “de-layer” its management structure following the resignation of the upstream segment’s president.

  • Antofagasta reports record rise in 2013 copper output Jan 29, 2014

    Antofagasta Plc’s copper output totaled a record 721,200 tonnes in 2013, due in part to strong results across all operations in the fourth quarter.

  • Bolivia to invest more than $1 billion in mining in 2014 Jan 29, 2014

    Bolivia will invest more than $1 billion in its domestic mining sector this year, mining and metallurgy minister Mario Virreira was quoted as saying by local media.

  • Aluar to keep receiving gas amid contract negotiations Jan 29, 2014

    Aluminio Argentino Saic (Aluar), Argentina’s sole primary aluminum producer, will continue receiving its usual gas supply from Pan American Energy LLC (PAE) as the two companies negotiate tariffs.

  • Exide creditors seek probe of possible scheme Jan 29, 2014

    Creditors of bankrupt battery maker Exide Technologies Ltd. are seeking to hire a consulting firm to help assess whether the company may have fallen victim to alleged price manipulation by the London Metal Exchange and large metal warehousing companies.

  • Metals mixed on State of the Union address Jan 29, 2014

    Expectations among the nation’s metals and manufacturing sectors that President Obama, in his fifth State of the Union address, would announce and set in motion a game plan targeting their shared objectives in the international trade, energy, tax, infrastructure and environmental arenas were modest at best. And they were met.

  • AK downplays aluminum use in automotive Jan 29, 2014

    AK Steel Corp. believes steel "remains the material of choice for automotive design and utilization" despite Ford Motor Co.’s decision to switch its F-150 pickup truck body to aluminum.

  • Aleris’ rolled products plant suffers fire Jan 29, 2014

    A fire broke out at Aleris International Inc.’s Richmond, Va., aluminum rolled products facility early Jan. 29.

  • Novelis restarts fire-damaged W.Va. plant Jan 29, 2014

    Novelis Inc. has resumed operations at its plant in Fairmont, W.Va., damaged by a Jan. 26 fire.

  • Liquid Midwest premium futures sought Jan 29, 2014

    Aluminum consumers want a more liquid and transparent vehicle to hedge their exposure to regional aluminum premiums, especially given the unprecedented volatility seen in U.S. Midwest premiums over the past month, market sources told AMM.

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