• Aircraft, engine backlogs lift aerospace metals Jul 21, 2014

    Backlogs for airliners and engines are providing a "momentum lift" to aerospace metals, according to some industry analysts.

  • Ormet wins approval to sell smelter Jul 21, 2014

    A Delaware bankruptcy court judge has approved Ormet Corp.’s $25.25-million sale of its shuttered aluminum smelter in Hannibal, Ohio, to Niagara Worldwide LLC.

  • Pebble copper mine would pose fishery risk Jul 21, 2014

    The federal Environmental Protection Agency has dealt another blow to the proposed Pebble copper mine in Alaska.

  • Amerigo misses 2d-qtr. copper output target Jul 18, 2014

    Copper miner Amerigo Resources Ltd. failed to meet its copper output target in the second quarter due to lower grades for both old and fresh tailings at its Minera Valle Central Mine in Chile.

  • LME aluminum prices hit 16-month high Jul 18, 2014

    Aluminum prices rose to a 16-month high July 17 as market participants said that a noticeable uptick in fund buying—speculative trading—had bolstered terminal markets.

  • Copper premiums dip in quiet market Jul 18, 2014

    Summer sluggishness and a decline in spot market demand for copper pushed copper premiums down to 6 to 6.5 cents per pound from 7 to 7.5 cents previously, according to market sources surveyed by AMM.

  • Lundin's Eagle project delivers first ore shipment Jul 17, 2014

    Lundin Mining Corp. has delivered the first mine-to-mill ore shipment at its Eagle nickel-copper mine in Michigan, with the project remaining “well on schedule” for concentrate production later this year, it said July 16.

  • Royal Nickel secures additional funding for Dumont Jul 17, 2014

    Royal Nickel Corp. (RNC) has secured an additional Canadian $750,000 ($697,000) in financing after underwriters exercised an overallotment option on a public offering that the company closed earlier this month.

  • Midwest aluminum premiums steady Jul 17, 2014

    Midwest aluminum premiums held firm this week, although the majority of market participants polled by AMM said that premiums are likely to trend higher through the end of summer.

  • Conbraco denies violating alloy patents Jul 17, 2014

    Conbraco Industries Inc. is asking a federal court in North Carolina to rule that it has not violated two patents for copper alloys held by Mitsubishi Shindoh Co. Ltd.

  • HudBay acquires 92% of Augusta shares Jul 17, 2014

    Copper and zinc producer HudBay Minerals Inc. has acquired 92 percent of the outstanding shares of Augusta Resource Corp., which owns the Rosemont copper project in southern Arizona.

  • MTI expanding capabilities with 1,200-ton forming press Jul 17, 2014

    Metal Technology Inc. (MTI) has installed a 1,200-ton press at its Albany, Ore., facility that will expand its deep-draw and forming capabilities for titanium and other metals.

  • Aluminum gets boost from aerospace, autos Jul 16, 2014

    North American service center aluminum shipments in June moved higher as strong demand from the automotive and aerospace industries continued to bolster orders.

  • Aurubis Buffalo faces lawsuit Jul 16, 2014

    Freight broker Command Transportation LLC is suing copper and brass mill Aurubis Buffalo Inc. for allegedly failing to pay shipping charges totaling nearly $222,000.

  • Novelis labor hearing begins in Syracuse Jul 16, 2014

    Court proceedings aimed at determining whether executives from Novelis Inc. threatened employees at the company’s Oswego, N.Y., facility have commenced.

  • Supply issues said to lift copper prices Jul 16, 2014

    Copper supply issues are likely to push prices higher, according to analysts and market participants, but premiums remain unaffected as weak demand in certain segments and a slowdown in summer business has reduced the urgency for spot copper.

  • Steel still on top despite Camry shift: SMDI Jul 16, 2014

    Automotive steel proponents said that the material is in wide use today and should remain so due to its superior cost-benefit breakdown, despite reports that Toyota Motor Corp. is intensifying the use of aluminum in its 2018 Camry.

  • DLA Strategic Materials puts ferrochrome on offer for July Jul 16, 2014

    DLA Strategic Materials has offered 3,000 short tons of high-carbon ferrochrome and 1,120 short tons of low-carbon ferrochrome for sale this month.

  • Kaiser Aluminum exec resigns new post Jul 16, 2014

    Kaiser Aluminum Corp.’s executive vice president of strategy has resigned just one month after being promoted to the position, according to a July 11 filing with U.S. Securities and Exchange Commission.

  • Commerce to name data chief Jul 16, 2014

    The U.S. Commerce Department will hire its first-ever chief data officer, but AMM has been told that no changes are in the works for metals-related data.

  • New technology may boost copper wiring Jul 15, 2014

    The use of copper wiring in broadband data transmission has been given a shot in the arm after a new technology from Alcatel-Lucent set a world record for data transmission speeds over copper telephone lines.

  • Stainless steel scrap pricing trends sideways Jul 15, 2014

    Stainless steel scrap prices were relatively stable this week due in part to steady London Metal Exchange nickel prices, with market participants noting comfortable supply-side dynamics amid a summer slowdown in activity.

  • Copper, brass service center shipments tumble Jul 15, 2014

    Copper and brass shipments by service centers dropped in May compared with a year earlier, according to Copper and Brass Servicenter Association (CBSA) data.

  • Mercator-Intergeo merger threatened Jul 15, 2014

    Mercator Minerals Ltd. is considering alternatives after Intergeo MMC Ltd. told the copper-molybdenum mining company that it may not extend the deadline for their merger agreement.

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