Nonferrous RSS

  • Royal Nickel delays Dumont commissioning Jun 17, 2013

    Royal Nickel Corp. has pushed back the estimated commissioning of its Dumont nickel project in Quebec to the "first half of 2016, followed by production ramp-up throughout 2016."

  • RTI lands engine OEM deal Jun 17, 2013

    RTI International Metals Inc. has landed its first long-term supply contract with a major original equipment manufacturer (OEM) under a program unveiled nearly two years ago aimed at rebuilding its engine business, RTI said, announcing a 13-year deal with Pratt & Whitney Corp. (P&W).

  • Hydro to purchase Vigeland refinery in full Jun 17, 2013

    Norsk Hydro ASA has agreed to buy Rio Tinto Alcan Inc.’s 50-percent stake in the Vigeland Metal Refinery AS in Norway.

  • Constellium logs net loss in first quarter Jun 17, 2013

    Constellium NV drew red ink in its first quarter since going public.

  • S. African producers begin ferrochrome furnace restarts Jun 17, 2013

    South African ferrochrome producers are switching furnaces back on as state energy group Eskom Holdings SOC Ltd. continues to seek ways to conserve power after the expiration of recent power buyback deals.

  • Titanium bucks trend as May metal price indices decline Jun 17, 2013

    Prices for metal scrap, ores and primary metal products all fell last month with the exception of titanium, the latest Bureau of Labor Statistics report shows.

  • Metal producers slower in May vs. April; fabricators flat Jun 17, 2013

    Primary metals producers saw both capacity utilization and output fall in May, while fabricators’ activity remained flat compared with April.

  • AMM aluminum alloys pricing notice Jun 16, 2013

    Beginning June 5, 2013, AMM has launched new daily estimated producer spot selling prices for two key primary aluminum alloys: C355.2 and A356.2.

  • Gulf Copper drops $6.9M lawsuit Jun 14, 2013

    Gulf Copper & Manufacturing Co. has dropped a $6.9-million lawsuit it filed against a foreign-flag barge.

  • Mexican company sues Harvey Industries Jun 14, 2013

    Copper Metals Trade SA de CV has filed a lawsuit against Livonia, Mich.-based Harvey Industries LLC for allegedly failing to pay for five shipments of aluminum.

  • A350 first flight good news for US suppliers Jun 14, 2013

    The maiden flight of the A350 on June 14 marked a milestone not only for Airbus SAS but also for a number of major U.S. contractors, among them suppliers of titanium parts and components.

  • Ferrosilicon prices drop in competitive market Jun 14, 2013

    Ferrosilicon prices have dropped amid fierce competition for business between traders, with Nucor Corp. said to have concluded its tender.

  • Silicomanganese traders confused by market Jun 14, 2013

    Silicomanganese trading activity has picked up but prices have trended down marginally, confusing traders who believe that impending supply constraints should be supporting prices.

  • Planned Freeport Indonesia strike canceled Jun 14, 2013

    Union workers at PT Freeport Indonesia’s operations in Mimika, where the company’s Grasberg Mine is located, have canceled a planned strike that had been expected to start June 14.

  • American Manganese waits out lull Jun 14, 2013

    American Manganese Inc. is looking to keep its Artillery Peak project in Arizona "intact and alive" amid a lull in both manganese prices and investors’ interest in junior miners.

  • Glencore Xstrata signs credit facilities worth $17.3B Jun 14, 2013

    Glencore Xstrata has signed revolving credit facilities worth a total of $17.3 billion, the company said June 14.

  • Glencore Xstrata chrome mines continue ‘minimal’ operations as strike persists Jun 14, 2013

    Three Glencore Xstrata Plc chrome mines in South Africa are conducting "minimal" operations as a strike that is now in its third week continues to adversely affect output, a company spokesman said.

  • Alcoa to maintain Italy smelter one more year Jun 14, 2013

    Alcoa Inc. has agreed to maintain its Portovesme aluminum smelter on the Italian island of Sardinia until the end of June 2014, rather than just the end of this year, to allow more time for a possible sale, according to the Italian ministry of economic development.

  • Gelwicks to succeed Snyder at helm of Hickman, Williams Jun 14, 2013

    Hickman, Williams & Co. president and chief executive officer William A. Snyder plans to retire Oct. 1. He will be succeeded by David Gelwicks, chief operating officer and vice president.

  • Boeing joins forces on titanium powder Jun 13, 2013

    Boeing Co. and South Africa are teaming up to develop titanium powder manufacturing technology.

  • Aluminum die caster MPP expanding Jun 13, 2013

    Aluminum die caster Madison Precision Products Inc. (MPP) has announced a $16-million expansion.

  • P1020 premiums up, but demand lags Jun 13, 2013

    Midwest P1020 aluminum premiums have inched up over the past week amid a combination of attractive warehouse financing deals, a tight scrap market and increased freight costs, market sources said.

  • Copper use will fall with switch to aluminum Jun 13, 2013

    Copper consumption will decline going forward as the price differential between the red metal and aluminum continues to encourage substitution, according to Jim Vann, Rea Magnet Wire Co. president and the Copper Club’s Copper Man of the Year.

  • Bill Toler elected CBFC director Jun 13, 2013

    Global Brass & Copper Inc.’s William Toler has been elected a director of the Copper and Brass Fabricators Council (CBFC).

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What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


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