Nonferrous RSS

  • Nickel premiums fall as 2011 contracts eyed Nov 17, 2010

    Nickel premiums continue to fall as market participants focus on concluding contract negotiations for next year amid continued pressure from the end of the year-long strike at Vale SA’s nickel operations in Sudbury, Ontario, market sources told AMM.

  • MF Global lifts 2011 copper price forecast by nearly 2 percent Nov 16, 2010

    London Metal Exchange ring-dealing member MF Global Holdings Ltd. has hiked its 2011 copper forecast by nearly 2 percent, even as the red metal plunged on lingering concerns about European debt and a Chinese slowdown.

  • Norilsk investing $2.35B in copper, iron deposits Nov 16, 2010

    MMC Norilsk Nickel will invest 80.4 billion rubles ($2.35 billion) in two Russian copper, gold and iron deposits, as well as contribute 8 billion rubles ($256 million) to a connecting rail track, the company said.

  • MF Global lifts copper price forecast by nearly 2% for 2011 Nov 16, 2010

    London Metal Exchange ring-dealing member MF Global Holdings Ltd. has hiked its 2011 copper forecast by nearly 2 percent, even as the red metal plunged on lingering concerns about European debt and a Chinese slowdown.

  • Bloodbath hits copper as producers sell, funds exit Nov 16, 2010

    Copper sank more than 5 percent in New York Tuesday as worries about Chinese demand triggered forward selling by producers and liquidation by funds.

  • VSMPO expanding into aerospace fastener stock market with Universal Nov 16, 2010

    VSMPO-Avisma Corp.’s entry into the aerospace titanium fastener stock market includes both expansion of the Russian producer’s U.S. production role as well as a conversion agreement with Universal Stainless & Alloy Products Inc.

  • VSMPO expanding into fastener stock Nov 16, 2010

    VSMPO-Avisma Corp.’s entry into the aerospace titanium fastener stock market includes both expansion of the Russian producer’s U.S. production role as well as a conversion agreement with Universal Stainless & Alloy Products Inc.

  • Auto demand for platinum forecast to increase 37 percent this year Nov 16, 2010

    Global demand for platinum from the automotive sector is expected to rise 37 percent to 2.99 million ounces in 2010, according to Johnson Matthey.

  • ‘Bloodbath’ hits copper on fears about Chinese demand Nov 16, 2010

    Copper sank more than 5 percent in New York Tuesday as worries about Chinese demand triggered forward selling by producers and liquidation by funds.

  • Auto demand for platinum forecast to increase 37% this year Nov 16, 2010

    Global demand for platinum from the automotive sector is expected to rise 37 percent to 2.99 million ounces in 2010, according to Johnson Matthey.

  • World aluminum aerospace plate demand on rise, Aleris says Nov 16, 2010

    Global aluminum heat-treat plate demand for aerospace applications is on the rise, Aleris International Inc.’s top European executive said, even as major airframe makers Boeing Co. and Airbus SAS remain cautious on the restocking front.

  • Aluminum distributors’ shipments fall 2.1 percent Nov 16, 2010

    Aluminum shipments by North American distributors logged their second consecutive decline in October, according to the latest data from the Metals Service Center Institute (MSCI).

  • Nyrstar eyes Mexico mines in $405M bid for Farrallon Nov 16, 2010

    Nyrstar NV has entered a Canadian $409-million ($405-million) deal to acquire Farallon Mining Ltd. as it looks to gain control of mines in Mexico that would expand its captive concentrates supply.

  • Aluminum aerospace plate demand on rise, Aleris says Nov 16, 2010

    Global aluminum heat-treat plate demand for aerospace applications is on the rise, Aleris International Inc.’s top European executive said, even as major airframe makers Boeing Co. and Airbus SAS remain cautious on the restocking front.

  • Aleris weathers downturn with mill diversification Nov 15, 2010

    Aleris International Inc. is working to qualify material from its Richmond, Va., rolling mill to supply sectors outside of construction in an effort to weather continued sluggishness in the residential building market.

  • US vanadium mine planned in Nevada Nov 15, 2010

    Rocky Mountain Resources Corp. plans to bring a vanadium mine in Nevada—the first such U.S. mine since the 1980s—on stream by the end of 2012.

  • US brass mill products trade deficit narrows in September Nov 15, 2010

    The U.S. trade deficit for brass mill products narrowed in September, according to the latest figures from the Washington-based Copper and Brass Fabricators Council (CBFC).

  • US vanadium mine planned in Nevada Nov 15, 2010

    Rocky Mountain Resources Corp. plans to bring a vanadium mine in Nevada—the first such U.S. mine since the 1980s—on stream by the end of 2012.

  • US brass mill products trade deficit narrows in September Nov 15, 2010

    The U.S. trade deficit for brass mill products narrowed in September, according to the latest figures from the Washington-based Copper and Brass Fabricators Council (CBFC).

  • Western Titanium plea to get rivals’ documents rejected Nov 15, 2010

    Western Titanium Inc.’s effort to use the records of some major titanium distributors and other aerospace companies in its defense of criminal fraud charges has been thwarted in U.S. District Court in San Diego.

  • Alba’s Schmitt admits output glitch as public offer looms Nov 15, 2010

    Aluminium Bahrain BSC (Alba) has been producing off-spec metal from one of its potlines since August, chief executive officer Laurent Schmitt told AMM sister publication Metal Bulletin, ahead of his company’s initial public offering (IPO) at the end of this month.

  • Western Titanium plea to get rivals' documents rejected Nov 15, 2010

    Western Titanium Inc.’s effort to use the records of some major titanium distributors and other aerospace companies in its defense of criminal fraud charges has been thwarted in U.S. District Court in San Diego.

  • Alcoa increases heat-treat plate Nov 15, 2010

    Alcoa Inc.’s North American rolled products division has increased prices for some heat-treat plate products by 10 cents per pound.

  • Aleris looks to weather construction downturn with diversification Nov 15, 2010

    Aleris International Inc. is working to qualify material from its Richmond, Va., rolling mill to supply sectors outside of construction in an effort to weather continued sluggishness in the residential building market.

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