Nonferrous

  • Freight fears weigh on aluminum billet contracts Sep 08, 2014

    Concerns over spiking freight costs are impacting negotiations for next year’s aluminum billet contracts, market participants told AMM, noting that freight-related charges could increase by up to 20 percent in 2015.

  • Ford's F-150 raw material costs may double Sep 08, 2014

    The cost of raw materials for Ford Motor Co.’s new aluminum-intensive F-150 pickup could more than double from its existing steel-heavy model, according to one analyst’s estimate.

  • Muted zinc premiums seek direction Sep 05, 2014

    Ballooning terminal market prices have kept zinc premiums muted, despite consumers increasing production as they emerge from the summer doldrums.

  • Primary copper mart yet to regain losses from recession Sep 05, 2014

    U.S. manufacturers of primary copper products saw a significant drop in business during the Great Recession, according to recently released data from the 2012 Economic Census.

  • Supply issues threatening aluminum growth Sep 05, 2014

    Aluminum supply constraints may halt growth within the sector, effectively slowing plans for stepped-up use of the material in major end markets, according to market analysts.

  • Mercator executives, directors resign Sep 05, 2014

    Several Mercator Minerals Ltd. executives and directors have resigned from the company, it said.

  • Tight supply lifts ferrovanadium, ferrochrome Sep 05, 2014

    Ferrovanadium spot prices have started to bounce back from a summer lull, with tight supply and strong demand hampering the ability of bulk alloy suppliers to build up inventory.

  • Evraz Stratcor appoints sales manager Sep 05, 2014

    Evraz Stratcor Inc. has appointed Michael P. Shea sales manager responsible for selling ferrovanadium and Nitrovan vanadium to steel producers in North America.

  • Nickel market wary of Filipino ore export ban Sep 04, 2014

    North American spot premiums for refined nickel units trended sideways this week, although market participants noted unease among traders on the potential effect of a proposed ban on nickel ore exports from the Philippines.

  • US Midwest aluminum premiums jump Sep 04, 2014

    Midwest aluminum premiums have soared to a nearly seven-month high, with concerns over elevated freight costs coupled with domestic capacity restrictions prompting sellers to demand higher charges.

  • ASTM proposes standard for zinc-coated rebar Sep 04, 2014

    A new technical standard for zinc-coated rebar could lead to lower costs and better anti-corrosion features for the niche product, according to ASTM International.

  • Orbite gears for equipment installation in Quebec Sep 04, 2014

    Orbite Aluminae Inc. has completed structural reinforcement for its high-purity alumina production facility in Cap-Chat, Quebec, in preparation for the installation of calcination equipment from Outotec Oyj.

  • Importers plead guilty to evading duties Sep 03, 2014

    Four executives have pleaded guilty to smuggling charges in connection with a scheme to evade U.S. anti-dumping and countervailing duties on Chinese aluminum extrusions, according to documents filed in U.S. District Court in Puerto Rico.

  • Globe loses summary judgment bid Sep 03, 2014

    Mississippi Silicon LLC and the Mississippi Department of Environmental Quality (MDEQ) was awarded a summary judgment against Globe Metallurgical Inc. in a permitting dispute regarding Mississippi Silicon’s proposed silicon metal manufacturing plant in Tishomingo County, Miss.

  • Copper to log deficit in 2016: HudBay Sep 03, 2014

    Copper is expected to be in "somewhat of a surplus" next year as new mine supply comes online, according to HudBay Minerals Inc. president and chief executive officer David Garofalo.

  • Noranda sets layoffs after failed power rate bid Sep 02, 2014

    Noranda Aluminum Holding Corp. will lay off up to 200 workers at its New Madrid, Mo., smelter over the next six months.

  • Copper premiums flat despite fall in demand Sep 02, 2014

    Domestic copper premiums are steady despite lower demand from buyers in the United States and abroad.

  • Banks seen likely to stay in commodities Sep 02, 2014

    Financial institutions could remain active in commodities markets following the dismissal of antitrust litigation that accused major banks and the London Metal Exchange of conspiring to artificially inflate aluminum prices, according to several U.S.-based aluminum traders.

  • Part of Buenavista Mine ordered to close Sep 02, 2014

    Part of Grupo México SAB de CV’s Buenavista copper mine in northwest Mexico has been temporarily shut down due to irregularities in compliance, according to Mexico’s Federal Attorney for Environmental Protection (Profepa).

  • US magnesium exports, imports diverge Sep 02, 2014

    U.S. magnesium exports fell 10.8 percent in the first half of the year while magnesium imports increased 24.9 percent compared with the same period last year.

  • Ferromanganese prices up as demand returns Aug 29, 2014

    Spot prices for low- and medium-carbon ferromanganese have begun to inch up as more spot inquiries emerge following the seasonal summer slowdown.

  • Auto aluminum demand said to fuel new capacity Aug 29, 2014

    North American automotive aluminum sheet producers believe that stepped-up demand could lead to the addition of several wide hot mills in the United States over the next decade as current capacity is insufficient.

  • Supply fears seen driving zinc prices up Aug 29, 2014

    Zinc prices are expected to rise dramatically amid concerns about tightening supply, according to Scotiabank, forecasting prices will reach $1.25 per pound next year and as high as $1.70 per pound in 2016.

  • Ferrosilicon ITC ruling seen having little impact Aug 29, 2014

    Ferrosilicon market participants are not convinced that the U.S. International Trade Commission (ITC) ruling on imports from Venezuela will lead to lower prices in the spot market.

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