Nonferrous RSS

  • PCC’s deal for ADI stresses drive for in-house sourcing Mar 21, 2014

    Precision Castparts Corp.’s (PCC’s) plans for its newest proposed acquisition, Aerospace Dynamics International (ADI), reflect the company’s increasing intention to drive sourcing among its operations in-house.

  • US gov’t seeks extradition of Ukraine exec Mar 21, 2014

    The U.S. Justice Department is asking Austria to extradite a Ukrainian businessman whose company controls Ukraine’s only significant titanium producer, Zaporozhye Titanium & Magnesium Combine LLC.

  • Puerto Rico firm pleads not guilty in duty evasion case Mar 21, 2014

    Puerto Rico’s PRP Trading Corp. has pleaded not guilty to accusations that it attempted to evade U.S. duties on aluminum extrusions made in China, according to court documents.

  • ITA postpones determination vs. Russian ferrosilicon Mar 21, 2014

    The U.S. Commerce Department’s International Trade Administration has postponed its final anti-dumping determination on imports of ferrosilicon from Russia until July 24.

  • Ormet trims loss in Feb. as asset sales continue Mar 21, 2014

    Ormet Corp.’s losses narrowed in February as the bankrupt aluminum producer continued to shed what it considers to be excess assets.

  • Extruders must fight to keep duties vs. China Mar 21, 2014

    U.S. extruders must fight hard to keep ground won in a landmark trade petition against extrusions made in China, according industry executives.

  • Mexico’s Aluminicaste looks to push into US, Europe: exec Mar 21, 2014

    Aluminicaste Fundición de México S de RL de CV is looking to expand into the United States and Europe, a company executive said.

  • Building downturn may persist: analyst Mar 20, 2014

    The North American aluminum extrusion industry is being reshaped by a possible structural downturn in the construction market, increased automotive demand and Chinese ownership of billet producers and extruders, one industry analyst said.

  • PCC to buy Calif. aerospace supplier Mar 20, 2014

    Precision Castparts Corp. (PCC) is moving further into the aerospace supply chain with its $625-million acquisition of Aerospace Dynamics International (ADI).

  • Notice: LME Latest Prices on amm.com Mar 20, 2014

    If you currently subscribe to LME prices on a 30-minute delay, please be aware of the following changes that have been implemented:

  • Constellium has sights on US expansion Mar 20, 2014

    Constellium NV posted a strong 2013 thanks to improved productivity and increased demand for aluminum products in the automotive and aerospace sectors.

  • Crimea likely won’t hurt world economy Mar 20, 2014

    “Despite the uncertainty, we think it’s unlikely that this situation will lead to any significant economic events,” Kounis told attendees at Capital Link Inc.’s eighth annual Shipping Forum in New York.

  • State control said distorting aluminum market Mar 20, 2014

    State-owned entities account for a significant amount of global primary aluminum production, leading to market distortions downstream, according to a trade attorney.

  • Metal availability a big challenge: executive Mar 19, 2014

    Securing metal—whether billet, prime or scrap—remains challenging due to stock financing deals and tight credit markets, one executive said.

  • GBC earnings slide but outlook positive Mar 19, 2014

    Global Brass & Copper Holdings Inc.’s (GBC’s) 2013 fourth-quarter and full-year net income fell around 17 percent from a year earlier due in part to lower metal prices.

  • Auto aluminum ‘holy grail’ not without risks Mar 19, 2014

    The aluminum industry and aluminum extruders should see big benefits as cars and trucks use more of the light metal because of stricter fuel economy standards, according to one consultant. But the “holy grail” of mass-produced aluminum vehicles won’t come without significant risks.

  • Titanium prices flat as market awaits surcharge Mar 18, 2014

    Spot prices for titanium commodity products remain flat as market participants increasingly turn their attention to an upcoming key raw materials surcharge for the next clue to the market’s direction.

  • Largo vanadium project on track Mar 18, 2014

    Largo Resources Ltd. has begun commissioning of the kiln at its Maracás vanadium mine in Brazil.

  • Ex-aluminum, steel exec Zundel dies at 90 Mar 18, 2014

    Neil W. Zundel, a former executive of Reynolds Metals Co. and president of the American Institute for Steel Construction (AISC), died March 15 at age 90, his son confirmed.

  • Demand concerns keep copper in flux (UPDATE) Mar 18, 2014

    Copper prices continued to fluctuate March 18 after a sell-off last week, with concerns over long-term demand in China keeping tags near a 44-month low.

  • DLA puts ferrochrome on offer Mar 18, 2014

    DLA Strategic Materials is offering 3,000 short tons of high-carbon ferrochrome and 2.24 million pounds of low-carbon product for March. Bids close the afternoon of March 19.

  • Gaucher appointed Woulfe Mining's chief exec Mar 18, 2014

    Woulfe Mining Corp. has named Michel Gaucher as chief executive officer, replacing interim chief executive Hubert Marleau, the company said.

  • NA Tungsten mine project receives environmental OK Mar 18, 2014

    North American Tungsten Corp. Ltd. has reached an “important milestone” in bringing its MacTung tungsten mine in Canada’s Yukon Territory into production as the project successfully completed environmental screening, the company said.

  • Stainless scrap driven higher by LME nickel Mar 18, 2014

    Stainless steel scrap prices continued to rise across the austenitic grades this week thanks to steady demand and London Metal Exchange nickel prices that surpassed $16,000 per tonne, market sources said.

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