Nonferrous

  • Glencore Xstrata’s copper production up Oct 31, 2013

    Glencore Xstrata Plc’s copper output from its mines rose 23 percent year on year for January through September on increased production in Africa and Chile.

  • Frawley leaves Jefferies: sources Oct 30, 2013

    Mike Frawley has left Jefferies Bache LLC, according to sources familiar with the matter.

  • Alcoa threatens to curtail Quebec smelters Oct 30, 2013

    Alcoa Inc. plans to cut its electricity purchases for its three Québec smelters and could idle production if it doesn’t get a better power deal from Canadian public energy utility Hydro-Québec.

  • DLA aims to offer long-term agreements Oct 30, 2013

    DLA Strategic Materials is looking to enter into long-term agreements for electrolytic chromium metal and high-carbon ferromanganese, chief of market research Watt Lough told AMM.

  • US political gridlock, aging infrastructure challenges for aluminum Oct 30, 2013

    While the future might be bright for aluminum, the sector continues to grapple with a host of challenges, including political gridlock in the United States, the country’s aging infrastructure and the race to build capacity to meet expected demand, industry executives said.

  • Noranda initiates cost-cutting strategy Oct 30, 2013

    Noranda Aluminum Holding Corp. is laying off workers at a North Carolina rolling mill and scaling back a planned expansion at its New Madrid, Mo., smelter as it looks to cut costs and conserve cash.

  • Noranda swings to loss on high power costs Oct 30, 2013

    Noranda Aluminum Holding Corp. swung to a loss in the third quarter on high electricity costs and low London Metal Exchange aluminum prices despite stable demand.

  • Sapa looks to innovate in slow market Oct 30, 2013

    Sapa Group aims to speed material substitution and boost its participation in the growing automotive sector as it grapples with lackluster demand in other industries, a company executive said Oct. 29 on the sidelines of the Metals Service Center Institute’s aluminum products division conference.

  • Metal shipments, new orders fall in Sept. Oct 30, 2013

    Shipments and new orders of primary metals and fabricated metals dipped in September compared with the previous month, according to the latest U.S. Census Bureau data.

  • Paranapanema gets new president Oct 30, 2013

    Brazilian copper producer Paranapanema SA has named Christophe Malik Akli as its new president. He replaces interim president Edson Monteiro, who will act as director vice president.

  • SCC’s earnings up 28.4% in third quarter Oct 30, 2013

    Southern Copper Corp. (SCC) saw earnings increase by 28.4 percent year on year in the third quarter due to "operating efficiencies and cost containment" measures, it said.

  • European aluminum buyers set to book short term deals Oct 30, 2013

    European aluminum consumers will sign short-term deals for the first quarter of 2014 if the London Metal Exchange’s forthcoming announcement on its new warehousing rules is delayed as they continue to wait to book 2014 business.

  • Some secondary aluminum alloys fluctuate Oct 29, 2013

    Prices for some secondary aluminum alloys fluctuated this week as producers said that consumers had widened quotes in line with changing supply requirements.

  • Karl Eichinger to step in as Sapa’s finance chief Oct 29, 2013

    Downstream aluminum producer Sapa Group has appointed Karl Eichinger as its new chief financial officer, effective Dec. 1, the company said Oct. 29.

  • Kaiser Aluminum bullish despite aero overhang Oct 29, 2013

    Kaiser Aluminum Corp. remains bullish about its long-term prospects in the aerospace and automotive markets despite an inventory overhang in aerospace products.

  • Skana sees opportunity in auto surge Oct 29, 2013

    Flat-rolled aluminum demand from the automotive sector is one of the biggest growth opportunities to hit the aluminum market, with supply chains expected to tighten across the board, according to Skana Aluminum Co. president and chief operating officer Robert Gamba.

  • Minmetals invests in Tianjin tungsten trading exchange Oct 29, 2013

    China Minmetals Corp. has invested in a Tianjin, China-based trading platform that will begin trading ammonium paratungstate (APT) and tungsten concentrate in November.

  • Norilsk closes record 7-year bond Oct 29, 2013

    MMC Norilsk Nickel has closed a $1-billion, seven-year Eurobond offering, the longest duration of any debt instrument ever issued by the company, it said Oct. 29.

  • PCC earnings soar on commercial aircraft Oct 28, 2013

    Precision Castparts Corp.’s (PCC’s) earnings soared in its fiscal second quarter on strong commercial aircraft demand.

  • Aluminum’s prospects bright for 2014: execs Oct 28, 2013

    Aluminum industry executives are optimistic about 2014, especially given expected demand growth from the automotive sector.

  • Timet must make inventory cuts: PCC Oct 28, 2013

    Titanium Metals Corp. (Timet) must trim up to $100 million in inventory over the next "couple of years," according to Mark Donegan, chairman and chief executive officer of parent company Precision Castparts Corp. (PCC).

  • Exide pollution control plan rejected Oct 28, 2013

    Troubled battery maker Exide Technologies Ltd. has one month to develop a new health risk reduction plan for its lead smelting facility in Vernon, Calif., after California’s South Coast Air Quality Management District (AQMD) rejected its initial proposal last week.

  • Five ENRC board members resign Oct 28, 2013

    Five non-executive directors of Eurasian Natural Resources Corp. Plc (ENRC) have resigned following the completion of a takeover offer by a consortium of the company’s founders.

  • Ormet seeks court OK to sell Burnside refinery Oct 28, 2013

    Ormet Corp. is seeking court approval to sell its Burnside, La., alumina refinery to Almatis Inc. for $35.3 million.

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