Nonferrous

  • Noranda Income Fund logs loss in 2d qtr. Jul 22, 2014

    Noranda Income Fund, which owns a zinc processing facility in Quebec, posted a second-quarter net loss due to an unplanned maintenance outage, electrical equipment failures and lower zinc metal production and sales.

  • Global refined copper mart deficit widens in April: ICSG Jul 22, 2014

    The global refined copper market deficit widened to 183,000 tonnes in April from an 84,000-tonne deficit the previous month, according to preliminary data from the International Copper Study Group.

  • Acquisitions boost Mueller 2d-qtr. results Jul 22, 2014

    Copper, brass and aluminum pipe and tube maker Mueller Industries Inc. saw its second-quarter earnings jump 37.8 percent from a year earlier after adjusting for a $65.6-million gain from an insurance claim settled in the second quarter of 2013.

  • US aluminum extruders weighing trade action Jul 22, 2014

    U.S. aluminum extruders are considering filing a trade complaint after it emerged that a Chinese-owned billet producer is storing a massive stockpile of aluminum extrusions at a facility in Mexico.

  • CIT rules for Golden Dragon in copper tube trade case Jul 22, 2014

    The U.S. Court of International Trade (CIT) has dismissed a lawsuit filed by domestic copper tube producers in an anti-dumping trade case involving Golden Dragon Precise Copper Tube Group Inc.

  • Century labor deal ratified by USW Jul 21, 2014

    Unionized workers at Century Aluminum Sebree LLC, a wholly owned subsidiary of Century Aluminum Co., have ratified a new five-year collective bargaining agreement.

  • Aircraft, engine backlogs lift aerospace metals Jul 21, 2014

    Backlogs for airliners and engines are providing a "momentum lift" to aerospace metals, according to some industry analysts.

  • Ormet wins approval to sell smelter Jul 21, 2014

    A Delaware bankruptcy court judge has approved Ormet Corp.’s $25.25-million sale of its shuttered aluminum smelter in Hannibal, Ohio, to Niagara Worldwide LLC.

  • Pebble copper mine would pose fishery risk Jul 21, 2014

    The federal Environmental Protection Agency has dealt another blow to the proposed Pebble copper mine in Alaska.

  • Amerigo misses 2d-qtr. copper output target Jul 18, 2014

    Copper miner Amerigo Resources Ltd. failed to meet its copper output target in the second quarter due to lower grades for both old and fresh tailings at its Minera Valle Central Mine in Chile.

  • LME aluminum prices hit 16-month high Jul 18, 2014

    Aluminum prices rose to a 16-month high July 17 as market participants said that a noticeable uptick in fund buying—speculative trading—had bolstered terminal markets.

  • Copper premiums dip in quiet market Jul 18, 2014

    Summer sluggishness and a decline in spot market demand for copper pushed copper premiums down to 6 to 6.5 cents per pound from 7 to 7.5 cents previously, according to market sources surveyed by AMM.

  • Lundin's Eagle project delivers first ore shipment Jul 17, 2014

    Lundin Mining Corp. has delivered the first mine-to-mill ore shipment at its Eagle nickel-copper mine in Michigan, with the project remaining “well on schedule” for concentrate production later this year, it said July 16.

  • Royal Nickel secures additional funding for Dumont Jul 17, 2014

    Royal Nickel Corp. (RNC) has secured an additional Canadian $750,000 ($697,000) in financing after underwriters exercised an overallotment option on a public offering that the company closed earlier this month.

  • Midwest aluminum premiums steady Jul 17, 2014

    Midwest aluminum premiums held firm this week, although the majority of market participants polled by AMM said that premiums are likely to trend higher through the end of summer.

  • Conbraco denies violating alloy patents Jul 17, 2014

    Conbraco Industries Inc. is asking a federal court in North Carolina to rule that it has not violated two patents for copper alloys held by Mitsubishi Shindoh Co. Ltd.

  • HudBay acquires 92% of Augusta shares Jul 17, 2014

    Copper and zinc producer HudBay Minerals Inc. has acquired 92 percent of the outstanding shares of Augusta Resource Corp., which owns the Rosemont copper project in southern Arizona.

  • MTI expanding capabilities with 1,200-ton forming press Jul 17, 2014

    Metal Technology Inc. (MTI) has installed a 1,200-ton press at its Albany, Ore., facility that will expand its deep-draw and forming capabilities for titanium and other metals.

  • Aluminum gets boost from aerospace, autos Jul 16, 2014

    North American service center aluminum shipments in June moved higher as strong demand from the automotive and aerospace industries continued to bolster orders.

  • Aurubis Buffalo faces lawsuit Jul 16, 2014

    Freight broker Command Transportation LLC is suing copper and brass mill Aurubis Buffalo Inc. for allegedly failing to pay shipping charges totaling nearly $222,000.

  • Novelis labor hearing begins in Syracuse Jul 16, 2014

    Court proceedings aimed at determining whether executives from Novelis Inc. threatened employees at the company’s Oswego, N.Y., facility have commenced.

  • Supply issues said to lift copper prices Jul 16, 2014

    Copper supply issues are likely to push prices higher, according to analysts and market participants, but premiums remain unaffected as weak demand in certain segments and a slowdown in summer business has reduced the urgency for spot copper.

  • Steel still on top despite Camry shift: SMDI Jul 16, 2014

    Automotive steel proponents said that the material is in wide use today and should remain so due to its superior cost-benefit breakdown, despite reports that Toyota Motor Corp. is intensifying the use of aluminum in its 2018 Camry.

  • DLA Strategic Materials puts ferrochrome on offer for July Jul 16, 2014

    DLA Strategic Materials has offered 3,000 short tons of high-carbon ferrochrome and 1,120 short tons of low-carbon ferrochrome for sale this month.

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