Nonferrous

  • US brass mill trade inches higher in Sept. Nov 19, 2008

    U.S. imports and exports of brass mill products increased in September, according to the Copper and Brass Fabricators Council.

  • Stillwater Mining to slash 21% of work force Nov 19, 2008

    Stillwater Mining Co., Billings, Mont., will lay off 370 workers, or nearly 21 percent of its 1,770 employees.

  • Volatile copper mart drives Freeport to slash 600 jobs Nov 18, 2008

    Freeport-McMoRan Copper & Gold Inc. has announced massive layoffs at five of its U.S. operations, with some 600 workers scheduled to lose their jobs as the volatility of copper prices continues to take its toll.

  • Nyrstar cutting zinc output at two smelters Nov 18, 2008

    Nyrstar SA/NV, the world’s largest zinc producer, has cut production at its big Balen/Overpelt zinc smelter in Belgium and at its Budel zinc smelter in the Netherlands by 28 percent for the rest of 2008 and is likely to make further cuts in 2009.

  • Codelco, Minmetals evaluate possible projects Nov 18, 2008

    Chile’s state-owned copper company has joined forces with Chinese metals trader China Minmetals Corp. in an effort to seek out new business opportunities in the copper-rich region.

  • Aluminum Association aims for 75% recycling rate by ’15 Nov 18, 2008

    The Aluminum Association has announced an industry-wide effort to improve the used beverage container (UBC) recycling rate in the United States to 75 percent by 2015.

  • Chinalco to invest in Peru mine Nov 18, 2008

    Aluminum Corp. of China Ltd. (Chinalco) is making its first investment in Peru, along with a Chinese bank, with the pair expected to announce a $2-billion loan to develop the Toromocho copper mine in the country later this week.

  • Steel cuts hit ferrovanadium prices Nov 18, 2008

    Ferrovanadium prices have declined in the United States in recent weeks on falling demand, showing that specialty steels aren’t immune to the recent round of production cuts by steelmakers, ferroalloy traders told AMM.

  • Codelco, Minmetals evaluate possible projects Nov 18, 2008

    Chile’s state-owned copper company has joined forces with Chinese metals trader China Minmetals Corp. in an effort to seek out new business opportunities in the copper-rich region.

  • Aleris’ Va. rolling mill going to full idle [UPDATE] Nov 18, 2008

    Aleris Inc. is indefinitely idling all remaining production at its Richmond, Va., rolling mill due to the downturn in the North American building and construction industry.

  • Chinalco to invest in Peru mine Nov 18, 2008

    Aluminum Corp. of China Ltd. (Chinalco) and a Chinese bank will announce a $2-billion loan to develop the Toromocho copper mine in Peru later this week, marking Chinalco’s first investment in the copper-rich country.

  • Ferrovanadium tags slide on steel production cuts Nov 18, 2008

    Ferrovanadium prices have declined in the United States in recent weeks on falling demand, showing that specialty steels are not immune to the recent round of production cuts by steelmakers, ferroalloy traders told AMM.

  • Aluminum Association aims for 75% recycling rate by 2015 Nov 18, 2008

    The Aluminum Association, Arlington, Va., has announced an industry-wide effort to improve the used beverage container (UBC) recycling rate in the United States to 75 percent by 2015.

  • Aleris idles all remaining output at Virginia rolling mill Nov 18, 2008

    U.S. aluminum producer Aleris Inc. said late Monday it would idle all remaining production at its rolling mill in Richmond, Va., as a result of the downturn in the North American building and construction industry.

  • Ferrotitanium plummets to five-year lows Nov 17, 2008

    Ferrotitanium prices plunged below $5 per kilogram for the first time since November 2003 on Friday amid talk in the market that sales were occurring at nearly $4 per kg.

  • Macquarie slashes ’09 copper outlook Nov 17, 2008

    Macquarie Research Commodities has sliced its 2009 pricing forecasts for base metals across the board, with copper reflecting the biggest adjustment in the complex. The red metal, previously forecasted to average $3 a pound in 2009, is now expected to average $1.70 a pound by the analyst group.

  • Macquarie slashes ’09 copper outlook Nov 17, 2008

    Macquarie Research Commodities has sliced its 2009 pricing forecasts for base metals across the board, with copper reflecting the biggest adjustment in the complex. The red metal, previously forecasted to average $3 a pound in 2009, is now expected to average $1.70 a pound by the analyst group.

  • Poor management policies led to Asarco worker death Nov 17, 2008

    Inadequate management policies led to the Aug. 15 death of an Asarco LLC employee, according to a recently publicized report by the Mine Safety and Health Administration (MSHA), part of the U.S. Department of Labor.

  • Global lead surplus narrows to 25,000 tonnes ILZSG Nov 17, 2008

    The global lead market surplus narrowed to 25,000 tonnes in the first nine months of the year from a surplus of 34,000 tonnes in the January-to-August period, according to the latest statistics from the International Lead and Zinc Study Group (ILZSG).

  • China copper, Al demand set for boost with $170bn power grid project Nov 17, 2008

    China’s demand for copper and aluminum will get a massive boost if State Grid Corp. of China (SGCC) is allowed to double its investment in power grid construction to 1.16 trillion yuan ($170 billion) over the next two years, traders said.

  • China to trim aluminum alloy rod, bar tariff Nov 17, 2008

    The Chinese Ministry of Finance said that it will lower the export tax on aluminum alloy rod and bars (circumference less than 210 millimeters) to 5 percent, from 15 percent, effective Dec. 1.

  • Poor management policies led to Asarco worker death MSHA Nov 17, 2008

    The Aug. 15 death of an Asarco LLC employee was the direct result of inadequate management policies, according to a recently publicized report by the Mine Safety and Health Administration (MSHA), part of the U.S. Department of Labor.

  • Copper scrap mart ‘frozen,’ but prices remain steady Nov 14, 2008

    Copper scrap pricing has stabilized during the past week, but business has slowed to a point that entropy has set in, according to producer and dealer sources.

  • Crown to shut 2 can plants in 1st qtr. Nov 14, 2008

    Crown Holdings Inc., Philadelphia, plans to close its food can plant in Dorval, Quebec, and its beverage can and crown plant in Montreal.

Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results