Nonferrous RSS

  • Novelis exits household foil market on import pressure Apr 10, 2014

    Novelis Inc. plans to exit the household foil business because of import pressure, largely from China, a company spokeswoman said.

  • Survey of titanium players prompts speculation Apr 10, 2014

    The U.S. Commerce Department’s Bureau of Industry and Security has reportedly contacted titanium companies in recent weeks and instructed them to complete an extensive questionnaire on their business practices, sources told AMM.

  • Commodities to continue rise: ETF Securities Apr 09, 2014

    Investment in commodities picked up in the first quarter of 2014 after underperforming last year, according to exchange-traded product provider ETF Securities Ltd.

  • Alcoa expects construction activity to rise Apr 09, 2014

    North American construction activity should improve with better weather, but the region’s packaging market needs to innovate if it expects to see gains, Alcoa Inc.’s top executive said.

  • Aluminum cable said to replace copper Apr 09, 2014

    Aluminum cable is set to steal market share from copper in a number of areas, according to Nexans SA’s corporate purchasing director for nonferrous metals.

  • Miners applying belt-tightening: analyst Apr 09, 2014

    Mining companies are tightening their belts and exercising supply discipline as they turn their attention to being more frugal, an analyst at Bank of America Merrill Lynch said.

  • More Alcoa production cuts possible Apr 09, 2014

    Alcoa Inc. may consider further capacity cuts at facilities that operate at a loss despite a forecast aluminum shortage, company officials said.

  • LME mulling appeal of court decision, won’t be ‘derailed’ Apr 09, 2014

    The London Metal Exchange is still deciding whether to appeal a U.K. High Court decision in favor of aluminum producer United Co. Rusal (UC Rusal) that halted its new warehouse rules, but the exchange "will not be derailed," chief executive officer Garry Jones said.

  • Brass mill imports, exports rise in Feb. Apr 09, 2014

    U.S. imports and exports of brass mill products increased in February compared with the same month last year, according to the latest statistics from the Copper and Brass Fabricators Council.

  • Nickel output, consumption seen climbing in 2014: INSG Apr 09, 2014

    A recovering world economy has led to improved global nickel demand in the first quarter compared with the latter part of 2013, according to the International Nickel Study Group (INSG).

  • Codelco unfazed by China, fickle tags Apr 08, 2014

    Volatile copper prices and concerns that a clampdown on shadow banking will lead to a flood of metal into China’s domestic market have not resulted in cancellations from customers, Corporación Nacional del Cobre de Chile (Codelco) chief executive officer Thomas Keller told AMM.

  • Codelco at key step in financing talks Apr 08, 2014

    Corporación Nacional del Cobre de Chile (Codelco) is working on annual negotiations for future Chilean government financing, discussions that could have taken on more importance this year due to where the company stands in its investment program.

  • Alcoa posts $178M loss on closures, low prices Apr 08, 2014

    Alcoa Inc. logged a first-quarter net loss of $178 million on low aluminum prices and costs related to plant closures.

  • Codelco moves cost-cutting plans forward Apr 08, 2014

    Corporación Nacional del Cobre de Chile (Codelco) is pushing ahead with its cost containment and productivity improvement initiatives as it seeks to mitigate the effect of fluctuating copper prices and lower ore grades, according to the company’s top executive.

  • Augusta moves up meeting to discuss ‘poison pill’ plan Apr 08, 2014

    Augusta Resource Corp. has moved its annual shareholders meeting to May 2 from May 9 to allow shareholders to consider the company’s shareholder rights plan.

  • Novelis aims for prime position with secondary Apr 08, 2014

    As Novelis Inc. continues to invest heavily in scrap utilization programs and technology in North America, South America, South Korea and Germany, the company is aiming to capture additional market share from manufacturers of prime-based aluminum alloys.

  • Market mixed on LME regional contract plan Apr 08, 2014

    The London Metal Exchange’s plan to launch regional aluminum premium hedging contracts has been met with muted enthusiasm and harsh criticism in North America.

  • Anglo American may target copper investment in Africa Apr 08, 2014

    Anglo American Plc may consider investing in copper assets in Africa, according to a company executive.

  • DLA sells low-carbon ferrochrome Apr 08, 2014

    DLA Strategic Materials sold 280 short tons of low-carbon ferrochrome last month to Amherst, N.Y.-based CCMA LLC and Cincinnati-based David J. Joseph Co. for a combined $687,000.

  • Richard Merluzzi re-elected AEC chairman Apr 08, 2014

    The Aluminum Extruders Council (AEC) has re-elected Pennex Aluminum Co. chief executive officer Richard A. Merluzzi as its chairman.

  • Anglo focusing on productivity gains Apr 08, 2014

    The global economic downturn was a wake-up call to the mining industry and has driven Anglo American Plc to focus on improving productivity, according to Hennie Faul, chief executive officer of the miner’s copper division.

  • Aleris paying $180,000 to settle allegations Apr 08, 2014

    Aleris International Inc. has agreed to pay the state of Michigan $180,000 to settle alleged air pollution violations at its Coldwater, Mich., facility, according to state environmental regulators.

  • Eramet, Vale, New Caledonia sign nickel exploration deal Apr 08, 2014

    Eramet SA has reached an agreement with Vale Canada Ltd. and New Caledonia’s south province for the exploration, study and beneficiation of the nickel deposits at Prony and Pernod in South New Caledonia.

  • Emal-Dubal merged entity incorporated Apr 07, 2014

    Emirates Global Aluminium (EGA), the combined entity comprising Emirates Aluminium Co. Ltd. (Emal) and Dubai Aluminium Co. Ltd. (Dubal), has been incorporated.

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