Nonferrous RSS

  • Felman slashes Nov. alloy tags Nov 05, 2012

    Felman Trading Inc. has significantly lowered its sales prices for manganese alloys in November.

  • Horsehead logs loss, will expand zinc smelter Nov 05, 2012

    Horsehead Holding Corp. recorded a third-quarter net loss of more than $9 million on lower London Metal Exchange zinc prices, but has expanded plans for its new North Carolina zinc smelter.

  • Metals industry employment flat in Oct. Nov 05, 2012

    Employment at U.S. metal producers held steady in October, with 406,400 people working in the industry (not seasonally adjusted), according to the latest jobs report from the U.S. Bureau of Labor Statistics.

  • AMM pricing database updated Nov 05, 2012

    Due to a server disruption caused by Hurricane Sandy, the pricing database at amm.com/pricing was not fully updated between Oct. 29 and Nov. 4. Server service has since been restored and the pricing database has been updated retroactively.

  • Chinese stainless mills cut nickel pig iron bids for Nov. Nov 05, 2012

    Stainless steel mills in China have cut their bids for November nickel pig iron (NPI) after nickel prices fell on the London Metal Exchange.

  • Alcoa, union talks ongoing as Nov. 22 deadline nears Nov 05, 2012

    Labor contract discussions between Alcoa Inc. and the United Steelworkers union for the Pittsburgh producer’s Aluminerie de Bécancour Inc. (ABI) smelter continue this week ahead of the Nov. 22 deadline.

  • Alba follows other aluminum producers, posts $35M loss Nov 05, 2012

    Aluminium Bahrain BSC (Alba) registered a $35-million net loss in the third quarter, in contrast to adjusted net income of $97 million in the same period last year, due to lower prices on the London Metal Exchange and higher gas prices.

  • Rio Tinto signs power deal for Oyu Tolgoi copper project Nov 05, 2012

    Rio Tinto Plc has entered into a power supply deal with an unnamed Chinese company for its Oyu Tolgoi copper-gold project in the South Gobi region of Mongolia.

  • China cuts 2013 tin export quota Nov 05, 2012

    China has kept export quotas unchanged for some minor metals for the coming year, while it reduced the quota for tin.

  • China’s refined copper use to grow 4% in ’12, group says Nov 05, 2012

    China’s underlying demand for refined copper will grow just 4 percent this year compared with apparent growth of 9 percent, according to the International Wrought Copper Council (IWCC).

  • HudBay suffers operating loss, but projects growth Nov 02, 2012

    HudBay Minerals Inc.’s third-quarter revenue fell 31.9 percent year on year as the Canadian miner closed its Trout Lake Mine in Manitoba and ore sales fell due to a drawdown of excess inventory, the company said in an earnings report Thursday.

  • Manufacturing grows, but economy still fragile Nov 02, 2012

    Economic activity in the U.S. manufacturing sector expanded in October for the second consecutive month, with the Institute for Supply Management (ISM) purchasing managers’ index inching up one-fifth of a point to 51.7 percent.

  • Panel review sought on Mexican copper pipe, tube Nov 02, 2012

    GD Affiliates S de RL de CV of Monclova, Mexico, has filed a request with the North American Free Trade Agreement (Nafta) Secretariat for a panel review.

  • ITA opens door for administrative review requests Nov 02, 2012

    The Commerce Department’s International Trade Administration (ITA) is offering interested parties the opportunity to request administrative reviews of various duty orders.

  • Century posts loss in 3d qtr., maintains outlook Nov 02, 2012

    Century Aluminum Co. posted a net loss of $12 million for the third quarter, nearly double the $6.6-million loss in the same period last year, on sales that fell 11.9 percent to $304.64 million from $345.65 million, but the company maintains that U.S. customer markets are strong and it remains optimistic.

  • Titanium input costs to stay flat: Hickton Nov 02, 2012

    Raw material prices aren’t expected to be a problem for titanium producers next year.

  • Important Message to Subscribers Nov 02, 2012

    AMM's New York office is currently closed due to the effects of Hurricane Sandy. The AMM e-mail system is down and AMM staff in the United States are unable to receive messages. We expect to have services back up in the next several days and we will reply to e-mails as soon as possible. If you need to contact AMM urgently, please use the following directory.

  • South African producers concerned over power tariff hike Nov 02, 2012

    South African steel and ferroalloys producers have expressed concerns over the power tariff hike proposed by national power company Eskom, with some saying the move may “change their business model."

  • Obama, Romney divergent on metals issues Nov 02, 2012

    With just days to go before the presidential election, the stakes are higher than ever as both candidates reach out to voters in their last-ditch efforts to obtain victory. AMM takes a closer look at the track records of President Obama and Republican rival Mitt Romney on issues pertaining to the metals and manufacturing industry.

  • Ambatovy to ship nickel next week: Pathe Nov 01, 2012

    The much-delayed Ambatovy joint venture in Madagascar is now very close to making its first nickel shipment, according to a top executive at Sherritt International Corp., the largest stakeholder.

  • Aluminum distributors feel impact of Sandy Nov 01, 2012

    Aluminum service centers are still feeling the impact from Hurricane Sandy as many are forced to delay or reroute trucks heading to East Coast customers.

  • Glencore says third-quarter trading 'healthy' Nov 01, 2012

    Trading house Glencore International Plc said its marketing arm continued to trade “strongly” in the third quarter, but warned it does not expect much improvement in global economic conditions in the near future.

  • RTI’s fabrication group helps boost profits Oct 31, 2012

    Led by the impact of recent acquisitions that offset a $2.4-million hit from a transformer fire, RTI International Metals Inc.’s earnings more than doubled in the third quarter despite flat titanium shipments and prices.

  • ITC rules on silicomanganese duties Oct 31, 2012

    The U.S. International Trade Commission’s decision that revocation of an anti-dumping duty order on silicomanganese from Brazil likely would not lead to a continuation or recurrence of material injury to the domestic industry has been published in the Federal Register.

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