Nonferrous RSS

  • Ford seen boon for aluminum demand Jan 23, 2014

    The new aluminum-intensive body enclosure of the Ford F-150 pickup truck could use about 1,000 pounds of the light metal per vehicle, boosting total demand by at least 500 million pounds annually, according to industry analysts.

  • Atlantic to begin exporting vanadium from Windimurra Jan 23, 2014

    Atlantic Ltd. said it is poised to begin exporting vanadium trioxide from its Windimurra Mine in Western Australia to supply such sectors as the titanium alloy market.

  • Freeport’s moly sales prices impacted by weak demand Jan 23, 2014

    Freeport-McMoRan Copper & Gold Inc.’s average realized sales prices for molybdenum fell in 2013 due in part to weak demand, according to the company.

  • ATI to close Oregon titanium sponge plant Jan 22, 2014

    Allegheny Technologies Inc. (ATI) will permanently close its mothballed titanium sponge facility in Albany, Ore.

  • DLA offering ferrochrome for sale Jan 22, 2014

    DLA Strategic Materials is offering 2.24 million pounds of low-carbon ferrochrome and 2,000 short tons of high-carbon ferrochrome for January.

  • Scott Brass appoints Martinelli president Jan 22, 2014

    Scott Brass Inc. has named copper industry veteran David Martinelli as the company’s president.

  • Freeport defers copper from Grasberg Mine Jan 22, 2014

    Freeport-McMoRan Copper & Gold Inc. has deferred around 40 million pounds of copper and 80,000 ounces of gold per month from its Indonesian subsidiary, it said Jan. 22.

  • Freeport sees copper sales increasing in '14 Jan 22, 2014

    Freeport-McMoRan Copper & Gold Inc. expects 2014 copper sales to rise to 4.4 billion pounds, up 7.3 percent from 4.1 billion pounds in 2013, the company said.

  • Alcoa to demolish two Massena East potlines Jan 22, 2014

    Alcoa Inc. will demolish two potlines at its Massena East, N.Y., smelter, according to a filing with the U.S. Securities and Exchange Commission.

  • Ferrous scrap bucks weak pricing trend Jan 22, 2014

    Iron and steel scrap went against the trend of weak metal pricing in December, according to the latest producer price index (PPI) report from the U.S. Bureau of Labor Statistics.

  • No damage, injuries in titanium blaze: ITPS Jan 22, 2014

    Ohio injection molding products supplier ITPS Inc. suffered a titanium blaze this past weekend. While the exact cause was unclear, there were no injuries or damage, it said.

  • Ormet posts positive month, but remains in red for 2013 Jan 22, 2014

    Bankrupt aluminum producer Ormet Corp. logged a net loss of $121.3 million in 2013, according to court documents dated Jan. 21.

  • Jet Metal moves to TSX Venture Jan 21, 2014

    Uranium and vanadium junior mining company Jet Metal Corp. has completed its listing on the TSX Venture Exchange.

  • Ban will speed up shortage: Royal Nickel Jan 21, 2014

    The Indonesian government’s nickel ore export ban is a "fundamentally transformative" event that "will change the nature of the nickel market over the next three to five years," Royal Nickel Corp. said in a conference call with investors and analysts Jan. 21.

  • Titanium spot market sees slow start to 2014 Jan 21, 2014

    The aerospace titanium alloy market has got off to a slow start as spot prices for commodity products show few signs of improvement from last year’s soft market.

  • Final bids for JPMorgan physical business due Jan 21, 2014

    Short-listed bidders in the sale of JPMorgan Chase & Co.’s physical commodities business are expected to submit their final bids this week, with a decision likely soon thereafter, sources familiar with the matter told AMM.

  • Metals demand expected to grow in early 2014: Fed Jan 21, 2014

    Metal suppliers and consumers in four Federal Reserve Bank districts have forecast a modest uptick in business activity during the first quarter, according to the Federal Reserve Board’s current economic conditions report, known as the Beige Book.

  • Mercator finalizes sales contracts Jan 21, 2014

    Mercator Minerals Ltd. has entered into copper forward sales contracts totaling nearly 53 million pounds at a price of $3.29 per pound, with deliveries due to commence under the contracts effective May 1.

  • Air quality agency sues Exide for $40M Jan 21, 2014

    The South Coast Air Quality Management District is asking Los Angeles Superior Court to impose up to $40 million in penalties on Exide Technologies Ltd. for numerous alleged air quality violations at its Vernon, Calif., lead smelting facility.

  • COMMENT: Aluminum’s polar vortex Jan 21, 2014

    The physical aluminum market is experiencing its very own polar vortex. Like all storms, it will pass.

  • Aurubis Buffalo boosting strip product prices Jan 21, 2014

    Aurubis Buffalo Inc. will increase its fabrication prices on connector strip products, including plated strip, traverse wound packaging, thin gauge and narrow-width items, effective with March orders due to the higher costs associated with producing and servicing the material.

  • Reunion Gold mulls silicomanganese mill in Trinidad and Tobago Jan 21, 2014

    Reunion Gold Corp. has retained WorleyParsons Ltd. to assess the possible development of a silicomanganese plant in Trinidad and Tobago.

  • NY blasts Alcoa over plans to close potlines Jan 21, 2014

    Alcoa Inc. could be in breach of a long-term power supply agreement over its decision to permanently close two potlines at its Massena East smelter in New York.

  • Ormet sale of copper rods OK’d Jan 21, 2014

    Libertas Copper LLC has received permission to buy 1,524,000 pounds of new and used copper rods from bankrupt aluminum producer Ormet Corp. in a deal valued at $4.94 million, according to documents filed in U.S. Bankruptcy Court in Delaware.

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