Nonferrous RSS

  • Copper market to move into surplus in ’14: ICSG Apr 02, 2014

    Global refined copper output will exceed demand by 405,000 tonnes in 2014 after four consecutive years of supply deficits, according to the International Copper Study Group (ICSG).

  • Lower-cost power ‘essential’ for smelter viability: Noranda Apr 02, 2014

    Affordable power is necessary for any primary aluminum smelter to survive, Noranda Aluminum Holding Corp.’s top executive said during a press conference April 2 at the Aluminum Association’s spring meeting in San Antonio.

  • Battle is on to grab auto market share Apr 02, 2014

    Aluminum has great growth opportunities in the automotive sector, but the light metal faces stiff competition from new high-strength steels and composites, according to one industry expert.

  • CME futures plan drawing interest: Brock Apr 02, 2014

    Aluminum Association members are closely following CME Group Inc.’s plans to launch a North American aluminum futures contract, according to association president Heidi Brock.

  • Titanium sponge imports tumble in 2013 Apr 01, 2014

    U.S. titanium sponge imports fell 40.9 percent last year but industry stocks jumped nearly as much as U.S. production.

  • Mercator Minerals losses continue in 4th qtr. Apr 01, 2014

    Mercator Minerals Ltd. reported its second consecutive quarterly loss as it restructures amid a buyout by Intergeo MMC Ltd.

  • Titanium surcharge logs first gain in two years Apr 01, 2014

    The first boost in a key titanium surcharge in two years has helped raise hopes that mill product prices might be poised to increase, although most buyers have yet to see evidence of this.

  • Canada ‘needs to increase aluminum capacity’ Apr 01, 2014

    Aluminum producers in Canada must boost capacity to serve markets in the United States and Europe ahead of a free-trade agreement between Canada and the European Union, according to the head of the Aluminium Association of Canada.

  • Aleris finalizes $110M Nichols Aluminum buy Apr 01, 2014

    Aleris International Inc. has completed its $110-million acquisition of Nichols Aluminum LLC.

  • Anfield Nickel director exits post Apr 01, 2014

    Anfield Nickel Corp.’s Robert Pirooz has resigned as corporate secretary and from the company’s board of directors, the junior minor said March 31.

  • HudBay extends Augusta offer to May 5 Mar 31, 2014

    HudBay Minerals Inc. has extended its offer to acquire all outstanding shares of Augusta Resource Corp. to May 5, it said in a statement March 31, describing Augusta’s strategic review process as a "stalling tactic" that has "failed."

  • ITC sets hearing on ferrosilicon imports Mar 31, 2014

    The U.S. International Trade Commission (ITC) has scheduled a July 29 hearing as part of the final phase of its anti-dumping investigation into ferrosilicon from Russia and Venezuela.

  • Commerce rules on magnesium metal imports Mar 31, 2014

    The Commerce Department’s International Trade Administration (ITA) has issued the preliminary results of an anti-dumping duty administrative review of imports of magnesium metal from China from April 1, 2012, to March 31, 2013.

  • Aluminum billet upcharge logs gain Mar 31, 2014

    Aluminum billet upcharges have risen slightly as improving weather has led to a pickup in demand.

  • Service Center Metals cutting prices 1¢/lb. for April Mar 31, 2014

    Service Center Metals LLC (SCM) is cutting prices on all products by 1 cent per pound for all new orders, as well as orders scheduled to ship on or after April 1.

  • Copper premiums hold firm as mart seeks Comex cues Mar 28, 2014

    Delivered premiums for copper cathode remained unchanged as buyers and sellers are adopting a wait-and-see attitude over volatility in Comex copper prices.

  • St. Louis against Noranda power rate deal Mar 28, 2014

    St. Louis city officials are opposing a proposed electricity rate decrease for Noranda Aluminum Holding Corp.’s New Madrid, Mo., smelter, which they said would cost residents millions of dollars in higher rates.

  • Alcoa slashing production in Brazil Mar 28, 2014

    Alcoa Inc. plans to stop smelting aluminum at its first plant in Brazil and will further cut production at another smelter.

  • Kobe Steel wins A350 titanium landing gear role Mar 28, 2014

    Kobe Steel Ltd. will supply titanium forgings to the Messier-Bugatti-Dowty unit of France’s Safran SA for the main landing gear of Airbus SAS’ A350 XWB (extra wide body) airliner.

  • Augusta’s Rosemont project draws more interest Mar 28, 2014

    Nine potential buyers have expressed interest in Augusta Resource Corp.’s Rosemont copper project in Arizona, the mining company said in a statement March 28.

  • Novelis blasts LME warehouse plan ruling Mar 28, 2014

    Novelis Inc. president and chief executive officer Philip Martens lashed out at a judgment by the United Kingdom’s High Court of Justice that stopped proposed London Metal Exchange warehouse reforms from being implemented, saying the outcome would prove “destructive to the market.”

  • Nickel premiums rise on supply, Russia fears Mar 28, 2014

    Melting-grade nickel premiums increased this past week as the North American market continued to experience tightness in available material and rising anxiety over the potential supply impact of further sanctions against Russia.

  • Businesses should invest now: US economist Mar 28, 2014

    Metal businesses should ignore negative depictions of the current U.S. economy and expand, Copper and Brass Servicenter Association head economist Alan Beaulieu said.

  • Alcoa rolls out lighter, more efficient wheel Mar 28, 2014

    Alcoa Inc. has introduced a lighter heavy-duty truck wheel that the company said could help fleets reduce freight costs and fuel consumption.

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