Nonferrous

  • Turkish trader buys Thompson Creek stake Oct 28, 2013

    Turkish alloys trader Marmara Metal Mamulleri Tic AŞ has taken its first step into production outside Turkey with the purchase of a 5.3-percent stake in Thompson Creek Metals Co.

  • KWG to patent new ferrochrome technique Oct 25, 2013

    KWG Resources Inc. wants to patent a ferrochrome production process that uses similar techniques applied in making direct-reduced iron (DRI).

  • Novelis eyeing more auto investments Oct 25, 2013

    As demand for automotive sheet continues to grow, aluminum manufacturers will need to meet rising capacity requirements through aggressive investment in new facilities and updated manufacturing processes, Novelis Inc. senior vice president and president of Novelis North America Marco Palmieri said at the commissioning of the company’s aluminum automotive sheet finishing lines in Oswego, N.Y.

  • Novelis unveils auto finishing lines at NY facility Oct 25, 2013

    Aluminum manufacturer Novelis Inc. has commissioned a $200-million expansion of its rolling operations in Oswego, N.Y. The expansion increases the company’s North American capacity for producing aluminum sheet for the automotive industry by 240,000 tons, five times its previous capacity in the region.

  • Encore Wire’s earnings soar in third quarter Oct 25, 2013

    Encore Wire Corp.’s earnings nearly tripled in the third quarter on stronger building wire sales.

  • Fewer DLA sales boost prices for low-carbon ferrochrome Oct 25, 2013

    Prices for low-carbon ferrochrome (0.10-percent grade) have risen in the U.S. market as DLA Strategic Materials has sold little of the material over the past few months.

  • Ferrosilicon prices continue to climb Oct 25, 2013

    Ferrosilicon spot prices have continued to strengthen due to a recently launched trade case against imports from Venezuela and Russia and a dearth of material in traders’ hands.

  • BHP’s manganese ore output falls Oct 25, 2013

    BHP Billiton Ltd.’s manganese ore production fell in the third quarter due to a planned shutdown at its Hotazel plant in South Africa and lower recoveries at its Gemco plant in Australia.

  • Titanium sponge hurts ATI bottom line Oct 25, 2013

    Allegheny Technologies Inc. (ATI) is paying the price for running its Rowley, Utah, titanium sponge plant at a higher rate than might be expected during a period of low-priced scrap.

  • China’s ferroalloys imports climb in Sept. Oct 25, 2013

    China’s ferroalloys imports rose in September on strong demand, according to Chinese customs data.

  • LME stays mum on warehouse rule decision Oct 25, 2013

    The board of the London Metal Exchange has made a decision on its warehousing rules and “an announcement will be made in due course,” the exchange said following a meeting Oct. 25.

  • AEP gives Ormet until Nov. 1 to pay September utility bill Oct 25, 2013

    American Electric Power Co. Inc. (AEP) wants Ohio regulators to deny Ormet Corp.’s request that it be forced to continue providing electricity to the aluminum producer during its bankruptcy proceedings.

  • House OKs waterways infrastructure bill Oct 24, 2013

    Transportation advocates and steel interests have lauded House approval of legislation intended to improve water resource infrastructure and fund port development.

  • Teck earnings rise on zinc, lead strength Oct 24, 2013

    Teck Resources Ltd.’s third-quarter earnings rose on higher zinc and lead production and sales volumes, even though copper production declined. The diversified miner also benefited from favorable moves in exchange rates.

  • Spot nickel demand up on LME prices Oct 24, 2013

    Spot market nickel trading has picked up, market players said, although metal premiums remain flat.

  • Midwest aluminum premiums on steady ground Oct 24, 2013

    Midwest aluminum premiums continued to hold their ground this week, with market participants describing current price ranges as either stable or poised for a rebound.

  • Weaker sales push ATI into red in 3d qtr. Oct 24, 2013

    Allegheny Technologies Inc. (ATI) fell into the red in the third quarter, citing weaker sales due to sluggish demand from many key markets.

  • Boeing outlines 787 output schedule Oct 23, 2013

    Boeing Co., which is looking to double the build rate of its 787 Dreamliner this year, isn’t planning another production increase for the titanium-intensive airliner until 2016.

  • Ormet fights to keep power flowing to Hannibal Oct 23, 2013

    Ormet Corp. wants Ohio officials to intervene to keep power flowing to its smelter and related facilities in Hannibal, Ohio.

  • Drop in 2014 industrial titanium demand seen Oct 23, 2013

    The absence of large-scale desalination projects is contributing to an anticipated decline in global industrial titanium demand in 2014, according to an industry executive.

  • Amarium ships first Jovita copper Oct 23, 2013

    Amarium Technologies Inc., Las Vegas, has made the first shipment of 65,000 pounds of copper to Anglo Asia Resource Partners from its Jovita Mine in Michoacán, Mexico.

  • Metals industry employment data mixed Oct 23, 2013

    U.S. primary metal producers shed 600 jobs last month, partially offsetting a 3,000-job increase in August, while employment in the fabricated metal products sector rose by 2,400 workers in September, according to nonseasonally adjusted data from the U.S. Bureau of Labor Statistics.

  • COMMENT: The Comex copper conundrum Oct 23, 2013

    Much has been made of the disappearance of copper from Comex warehouses in the United States, but the simple reality is production and quality issues in South America have added some impetus to the movement of metal in the region.

  • Noranda appoints finance chief Oct 23, 2013

    Noranda Aluminum Holding Corp. has named Dale W. Boyles chief financial officer.

Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results