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Shanghai Futures Exchange copper prices retreated the most in six tradings days as market confidence was hurt by the sense of a prolonged crisis in Europe.
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Antimony exporters in China are awaiting the results of a public consultation before Beijing approves 10 companies to export the product in 2012.
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China’s alumina prices slipped further this month to near production costs after a surge of imports and destocking by smelters increased domestic supplies.
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Jinchuan Group cut its nickel ex-works prices by 3% on Thursday, after LME nickel prices fell.
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China’s cobalt market remains bleak ahead of the year-end, although prices are unlikely to fall again, according to market participants.
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Employees at Freeport-McMoRan Copper & Gold Inc.’s Grasberg Mine in Indonesia will return to work in coming days, the company said Wednesday.
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The imposition of anti-dumping and countervailing duties by China on U.S. vehicles should have little appreciable affect on American automakers as the tariffs are mostly symbolic, according to an industry economist.
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A power outage in the Northumberland region of northeast England has left parts of Rio Tinto Alcan’s smelter in Lynemouth out of commission.
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U.S. imports of brass mill products fell to 39.22 million pounds in October, down 8.4 percent from 42.81 million pounds a year earlier, while exports rose 12 percent to 21.78 million pounds from 19.44 million pounds.
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U.S. imports of ferrochrome jumped 56.7 percent year on year in October, mainly on the back of a rise in shipments from South Africa and Kazakhstan, according to data from the U.S. International Trade Commission (ITC).
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Lawmakers are recommending accelerated negotiations for the Trans-Pacific Partnership (TPP) while focusing on secondary trade barriers, such as state-owned enterprises, as opposed to traditional barriers, such as tariffs and import quotas.
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Patriarch Partners LLC’s planned acquisition of Hussey Copper Corp. is expected to be finalized Thursday, Hussey’s chief restructuring officer told AMM.
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With the White House decision to halt the presidential dollar coin program, the U.S. Mint will no longer have need for what this year amounted to 4.7 million pounds of copper in brass-manganese strip sourced from two domestic fabricators.
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First Nickel Inc. chief operating officer Gerry Bilodeau has announced his retirement after five years with the company and 42 years in the mining industry.
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GE Capital Americas’ latest U.S. Mid-Market CFO survey polled a total of 50 chief financial officers across the metals, mining and metal fabrication industries. Due to an editing error, a story in the Dec. 13 edition misstated the number of chief financial officers surveyed.
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Largo Resources Ltd. has completed the first commercial shipment of tungsten from its Currais Novos project in Rio Grande do Norte, Brazil, to a U.S.-based customer.
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DLA Strategic Materials has offered high-carbon ferromanganese again under its basic ordering agreement in December after market participants showed increased interest.
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Robert O’Leary has been named a director on Aleris International Inc.’s board, replacing Ara Abrahamian, who resigned Dec. 7, according to a document filed with the U.S. Securities and Exchange Commission (SEC).
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Base metals prices are still slipping as hopes wane for positive news out of Europe and even gold prices begin to come down, a category II broker told Metal Bulletin during December 14’s kerb session on the London Metal Exchange.
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The second big price jump for titanium feedstock in six months will continue to put pressure on sponge production costs in Japan and the West, although the overall impact on the rest of the global industry remains to be seen.
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South Korea’s Public Procurement Service (PPS) bought 4,000 tonnes of aluminium from LG International, Top & Top and Glencore in its latest stockbuilding tender.
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Antofagasta is to invest an estimated $1.3 billion in the development of the Antucoya copper project in Chile, the company said on December 14.
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Analyst Ed Meir looks at what is moving the metals markets on Wednesday.