Nonferrous RSS

  • Silicomanganese tender offers emerge Aug 08, 2014

    Long-term contract tenders for bulk ferroalloys have begun to emerge, but domestic spot trading activity remains quiet.

  • WTO sides with US in export restriction dispute Aug 08, 2014

    The World Trade Organization (WTO) Appellate Body has sided with the United States against Chinese export restrictions on molybdenum, rare earths and tungsten.

  • Novelis’ earnings get boost in qtr. Aug 08, 2014

    Novelis Inc.’s earnings soared in its fiscal first quarter, driven by improved plant productivity, increased year-on-year demand trends and strong winter results in South America.

  • Comex drop drives copper scrap market pause Aug 08, 2014

    Spreads on some grades of copper scrap widened this week despite a nearly 8-cent-per-pound drop in terminal market prices, market sources told AMM.

  • Automotive ramp-up comes with risks: Novelis Aug 08, 2014

    As demand for automotive aluminum continues to climb, issues tied to supply chain management, capacity restrictions and preparation for future conversions to aluminum will continue to present major challenges, according to Novelis Inc.’s top executive.

  • Novelis raises auto, specialty sheet prices Aug 07, 2014

    Novelis Inc. has raised prices on its North American automotive and specialty aluminum sheet products for all new orders effective immediately.

  • Global Brass & Copper logs $9M profit Aug 07, 2014

    Global Brass & Copper Holdings Inc. posted net income of $9 million in the second quarter in contrast to a $17.1-million net loss in the same period last year despite a drop in sales volumes across all three of its segments.

  • RTI to ink new engine supply pact: Hickton Aug 06, 2014

    RTI International Metals Inc. is nearing a deal with another major aircraft engine customer as it continues to strengthen business in this market sector, its top executive said.

  • Thompson Creek swings to profit in qtr. Aug 06, 2014

    Copper and molybdenum miner Thompson Creek Metals Co. Inc. posted net income of $61.6 million in the second quarter in contrast to a $19.2-million loss in the same period last year on sales that more than doubled to $248.4 million as production ramped up at its Mount Milligan Mine in British Columbia.

  • Glencore seeks exclusion from lawsuit Aug 06, 2014

    Glencore Plc has asked a federal judge to dismiss antitrust litigation alleging that the company conspired with several major banks and the London Metal Exchange to artificially inflate aluminum prices.

  • Mooresboro startup drives Horsehead loss Aug 06, 2014

    Zinc producer Horsehead Holding Corp. posted a bigger loss in the second quarter due to one-time costs associated with the opening and ramp-up of its zinc facility in Mooresboro, N.C.

  • Higher prices, sales boost moly earnings in quarter Aug 06, 2014

    Thompson Creek Metals Co. Inc.’s second-quarter molybdenum revenue received a boost from higher prices, with the company now considering a plan that would continue operations at its flagship mine beyond the end of the year.

  • Apollo’s earnings soar in 2d qtr. Aug 06, 2014

    Apollo Global Management LLC’s net income surged in the second quarter.

  • AMG sees ferrovanadium volumes rise in 2d qtr. Aug 06, 2014

    AMG Advanced Metallurgical Group NV saw ferrovanadium volumes more than double in the second quarter, although revenue in the company’s processing division remained largely flat.

  • Aleris appoints procurement exec Aug 06, 2014

    Aleris Corp. has named Travis Debes vice president of metals and nonmetals procurement, North America.

  • Orbite Aluminae starts construction Aug 06, 2014

    Orbite Aluminae Inc. has begun construction at its high-purity alumina production facility in Cap-Chat, Quebec.

  • Doe Run Peru appeal fails, to pay $163M Aug 06, 2014

    Bankrupt mining company Doe Run Peru must pay $163 million for failing to take proper environmental cleanup measures at its lead and copper smelter, and zinc refinery at its La Oroya complex in central Peru.

  • Aluminum extruders balk at duty request Aug 05, 2014

    U.S. aluminum extruders have formally objected to a duty exclusion request on 5050 aluminum extrusion products filed by a California importer of aluminum extrusions.

  • Lead battery price outlook dims Aug 05, 2014

    Lead battery demand is expected to be weaker than expected this fall, as intense summer heat—which usually puts stress on automotive batteries—has failed to materialize.

  • Imperial Metals idles mine after tailings breach Aug 05, 2014

    A breach of a tailings pond at Imperial Metals Corp.’s Mount Polley copper and gold mine in British Columbia has put the mine on care and maintenance, the company said.

  • Aleris in red despite stronger auto sales Aug 05, 2014

    Aleris International Inc. posted a net loss in the second quarter as a weaker mix of rolled products sales coupled with reduced rolling margins continued to offset significantly higher automotive volumes.

  • Paul Bania to receive ITA’s lifetime achievement award Aug 05, 2014

    Paul J. Bania, a metallurgist, researcher and inventor instrumental in the development of new titanium alloys, improved melting techniques and mill products in aerospace and auto racing, has been chosen to receive the International Titanium Association’s (ITA’s) 2014 Lifetime Achievement Award.

  • Mercator, Intergeo merger falters amid delays Aug 04, 2014

    A proposed merger between Mercator Minerals Ltd., which owns the Mineral Park copper-molybdenum mine in Arizona, and Intergeo MMC Ltd. has been terminated following delays by the Russian Federal Anti-Monopoly Services.

  • Cliffs wins appeal in KWG-Ring of Fire dispute Aug 04, 2014

    Cliffs Natural Resources Inc. does not need the consent of KWG Resources Inc. to proceed with an easement application as part of its plan to build a road in the Ring of Fire region of northern Ontario, the Ontario Superior Court of Justice has ruled.

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