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The North American auto sheet market is poised for huge growth over the next few years as regulations and consumer buying patterns shift, Alcoa Inc.’s president of global rolled products said.
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China doesn’t have the structural components necessary to make it a competitive threat as an aluminum-producing nation, Alcoa Inc. chief executive officer Klaus Kleinfeld said.
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Copper and brass shipments fell in September, according to the Copper and Brass Servicenter Association (CBSA).
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Join the discussion: how is your company responding to the news of Obama’s successful White House bid? How will your spending and investment plans change as a result? Was the election as big a factor as some said in recent decision-making, or was it just a convenient excuse to stop buying at a time of lackluster demand?
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Rising demand and a large number of financing deals locking away aluminum are driving premiums for the metal up, a senior executive at Alcoa Inc. said Wednesday.
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The first aluminum metal from the Ma’aden smelter in Saudi Arabia will be produced Dec. 12, with its associated alumina refinery slated to start producing next year, joint-venture partner Alcoa Inc. said Wednesday.
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The Commerce Department has officially published a notice that it will continue anti-dumping duty orders on silicomanganese from China and Ukraine as a result of determinations by both the ITA and the U.S. International Trade Commission.
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Alcoa Inc. has completely closed its Portovesme aluminum smelter in Italy, marking a key step in the company’s schedule of capacity curtailments, an executive said Wednesday.
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An increase in aluminum premiums might be slightly more attractive than an equivalent rise in London Metal Exchange prices, but both would be very welcome developments, a senior Alcoa Inc. executive said.
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AMG Aluminum has changed its pricing formula due to record high global aluminum premiums.
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Novelis Inc.’s net income tumbled 59.2 percent in its fiscal second quarter on weaker aluminum prices on the London Metal Exchange.
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Asian aluminum premiums have stabilized over the past week as market participants look to next year’s negotiations amid growing expectations of a fall in quarterly premiums.
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A fire at Inmetco, a subsidiary of Horsehead Holding Corp. that recycles nickel, chromium, iron, molybdenum and cadmium-bearing wastes, could extend a planned maintenance shutdown at the Ellwood City, Pa., plant for a few days beyond a Nov. 14 deadline, Horsehead president and chief executive officer Jim Hensler said in a statement on the company’s third-quarter earnings results.
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DLA Strategic Materials failed to make any high-carbon ferrochrome sales in its first offering of the material in 17 months.
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Mueller Industries Inc. has appointed Gary Gladstein as the new non-executive chairman of its board, effective Jan. 1.
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The range for delivered tin premiums has widened over the last two weeks, as more market sources reported transactions at lower levels for Grade A tin.
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South African chrome companies were hit by job cuts last week at Xstrata Alloys and JIC Mining Services Ltd.
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Copper contract trading volumes on the London Metal Exchange fell in October, marking the third consecutive month that volumes have dropped on a year-on-year basis.
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Aluminum billet shipments from Alcoa Inc.’s Ferndale, Wash., smelter were delayed late last week due to furnace problems.
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John Pollesel, director of base metals for North Atlantic operations and chief operating officer of Vale SA subsidiary Vale Canada Ltd., is no longer with the company.
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Base metals prices edged higher in Tuesday’s official trading on the London Metal Exchange as recent dips flushed out buying interest.
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Rare earths miner Molycorp Minerals LLC has filed a lawsuit against M&K Chemical Engineering Consultants Inc. for allegedly violating contractual obligations to help expand Molycorp’s flagship mine.
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Zimbabwe and South Africa-focused miner Mwana Africa has reported an increase in gold production at its Freda Rebecca operations in the second quarter of the financial year 2012-13.
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John Radcliffe, managing director of David J. Joseph Co.’s (DJJ’s) Ferro-Alloy Group, will retire at year-end, AMM has learned.