Nonferroushttp://www.amm.com©2014 www.amm.com60NonferrousImproving weather boosts zinc premiumsSpecial-high-grade zinc premiums edged up this past week amid improving weather conditions, market participants said., 18 Apr 2014 19:51:00 GMTFelman, USW in new labor deal at W.Va. facilityFelman Production LLC has reached a new labor deal with United Steelworkers union Local 5171 at its New Haven, W.Va., silicomanganese plant, it said., 18 Apr 2014 19:17:00 GMTFerromanganese spot prices riseMedium-carbon ferromanganese spot prices have risen, with reports of tightening supply boosting expectations of further price increases., 18 Apr 2014 18:46:00 GMTFerroalloy contract offtake going strongFerroalloy contract offtake has remained strong so far in the second quarter, producers and traders said, with spot prices rising across the board as a result., 18 Apr 2014 18:40:00 GMTMidwest aluminum premiums inch upMidwest aluminum premiums inched up over the past week, with market participants claiming that rising demand and limited domestic supply will continue to support current premium levels in the near term., 18 Apr 2014 18:22:00 GMTNoranda’s power case to move forwardNoranda Aluminum Holding Corp.’s petition for a lower electricity rate in Missouri will move forward on an expedited schedule and prior to potential rate filings from power provider Ameren Missouri, a subsidiary of utility Ameren Corp., the Missouri Public Service Commission (PSC) said in a filing April 16., 17 Apr 2014 21:28:00 GMTBlackstone still interested in commoditiesPrivate equity group Blackstone Group LP is still interested in becoming more involved in commodities but has yet to find the right vehicle to do so, according to one of its top executives., 17 Apr 2014 20:12:00 GMTMercator-Intergeo merger closer to completionCopper-molybdenum mining company Mercator Minerals Ltd. said it has received "all necessary Canadian and U.S. governmental regulatory approvals" for its proposed merger with Intergeo MMC Ltd., 17 Apr 2014 18:49:00 GMTAmerigo Resources copper output fallsAmerigo Resources Ltd. is optimistic on expected copper output for the rest of the year despite a drop in first-quarter production., 17 Apr 2014 16:02:00 GMTChile copper market said facing political risksChile’s changing political landscape could challenge long-term copper production in the country, Cowen & Co. LLC analysts said in a report released April 16., 16 Apr 2014 19:58:00 GMTHighlander buys aluminum extruderPrivate equity firm Highlander Partners LP has acquired the aluminum extrusion assets of Profile Extrusion Co., 16 Apr 2014 19:23:00 GMTAmerican Manganese acquires silica prospectAmerican Manganese Inc. has acquired a high-grade silica prospect near Canal Flats, British Columbia., 15 Apr 2014 23:42:00 GMTCourt finds against conflict minerals ruleA panel of three U.S. judges has ruled that a section of the Dodd-Frank Wall Street Reform and Consumer Protection Act that requires companies to report their use of "conflict minerals" to the Securities and Exchange Commission is unconstitutional., 15 Apr 2014 23:18:00 GMTAugusta blasts HudBay’s move to halt tradeAugusta Resource blasted HudBay Minerals’ petition to cease trade in its shareholder rights plan as "a deliberate attempt by HudBay to deny Augusta’s shareholders of their ability to make one of the most critical decisions in respect of their investment in Augusta.", 15 Apr 2014 23:00:00 GMTSilicones producer MPM seeks Chapter 11Momentive Performance Materials Worldwide Inc. (MPM) has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in New York., 15 Apr 2014 18:59:00 GMTDLA offers ferrochrome for AprilDLA Strategic Materials is offering 3,000 short tons of high-carbon ferrochrome and 2.5 million pounds of low-carbon ferrochrome for April. Bids close the afternoon of April 16., 15 Apr 2014 18:30:00 GMTGM yet to jump on aluminum bandwagonGeneral Motors Co. has concerns about durability and corrosion when it comes to potentially increased aluminum use in trucks., 15 Apr 2014 01:49:00 GMTHudBay seeks to halt trade on Augusta ‘poison pill’ planHudBay Minerals Inc. has petitioned the British Columbia Securities Commission to cease trade in Augusta Resource Corp.’s shareholder rights plan, which would allow a vote on its takeover offer., 14 Apr 2014 23:39:00 GMTMetals move in different directionsU.S. copper, lead and molybdenum output fell in the fourth quarter of 2013, while aluminum and zinc saw year-on-year gains, U.S. Geological Survey data show., 14 Apr 2014 22:54:00 GMTRNC acquires 25% stake in Sudbury PlatinumRoyal Nickel Corp. has acquired a 25-percent interest in exploration group Sudbury Platinum Corp., a move that raises RNC’s exposure to the Aer-Kidd nickel-copper-platinum group metals project in Ontario’s Sudbury Basin, the junior miner said April 14., 14 Apr 2014 21:42:00 GMTW.Va. extends deadline for Felman rate deal objectionsThe West Virginia Public Service Commission has extended to April 18 the deadline to file requests to reconsider its order approving a special electricity rate for Felman Production LLC., 14 Apr 2014 19:16:00 GMTFitch downgrades Alcoa to BB+ on global oversupplyFitch Ratings Inc. has downgraded Alcoa Inc.’s credit rating to BB+ from BBB–, noting that profitability in the primary aluminum market has been "hampered by global oversupply.", 14 Apr 2014 18:52:00 GMTCopper premiums flat, but may get boost from scrapMuted market activity left copper premiums unchanged late this past week as both demand and supply activity remained low, but there could be upward pressure on premiums as insufficient supply in the scrap market runs off into cathode., 11 Apr 2014 23:05:00 GMTAluminum billet upcharge holdingAluminum billet upcharge remained unchanged as market players were divided about the strength of the market., 11 Apr 2014 22:44:00 GMTDanjczek exiting Globe’s boardThomas A. Danjczek, the former president of the Steel Manufacturers Association, will retire from Globe Specialty Metals Inc.’s board of directors effective May 15., 11 Apr 2014 22:26:00 GMTMidwest aluminum premiums steadyMidwest aluminum premiums have held steady after a court decision in the United Kingdom threw the direction of the market in doubt., 11 Apr 2014 22:07:00 GMTAluminum on course for rise, deficit: analystAluminum prices are set for a turnaround as production cuts and increased demand are poised to drive years of supply deficits, one industry analyst said., 11 Apr 2014 20:59:00 GMTRate spat could delay Felman restartFelman Production LLC is preparing to sign a new contract with electricity supplier Appalachian Power Co. Inc. (APCo) on May 1, although objections to its successful rate request threaten to delay a restart of silicomanganese production at its New Haven, W.Va., plant., 11 Apr 2014 20:05:00 GMTFerrovanadium prices hold, direction uncertainFerrovanadium spot prices held steady this past week despite ongoing supply tightness., 11 Apr 2014 17:46:00 GMTManufacturing Council meeting plannedThe U.S. Commerce Department’s Manufacturing Council will meet April 29 to consider proposed recommendations for work force development best practices; strategies to address misconceptions of manufacturing careers; innovation, research and development in manufacturing; and manufacturing energy policy., 11 Apr 2014 17:11:00 GMTChina casts long shadow in copper market forecastContinued fears of a drastic economic slowdown in China have led to muted forecasts for primary copper prices in the second and third quarters of the year, analysts said at the Institute of Scrap Recycling Industries’ annual convention in Las Vegas., 10 Apr 2014 23:30:00 GMTThompson Creek’s copper, moly output risesThompson Creek Metals Co. Inc. produced 14.2 million pounds of copper concentrate in the three months ended March 31, up 36.5 percent from 10.4 million pounds in the fourth quarter of last year., 10 Apr 2014 22:25:00 GMTCopper Mountain Mining sets output recordCopper Mountain Mining Corp. produced a record 19.1 million pounds of copper at its flagship mine in the first quarter, a 34-percent jump from the same period last year., 10 Apr 2014 21:50:00 GMTCME delays aluminum futures trading startCME Group Inc. plans to push back trading of its North American physically delivered aluminum futures contract by one day to May 6, it said April 9., 10 Apr 2014 21:28:00 GMTCapstone Mining releases production results for 1st qtr.Capstone Mining Corp.’s three mines produced 27,600 tonnes of copper in concentrates and cathode in the first quarter, as well as 41 tonnes of molybdenum, it said., 10 Apr 2014 21:21:00 GMTCopper financing deals in China have yet to unwindThere could be up to 1 million tonnes of copper in financing deals in China, but these arrangements aren’t unwinding yet, Goldman Sachs Group Inc. analyst Max Layton said., 10 Apr 2014 20:21:00 GMTJupiter calls for alternate price modelJupiter Aluminum Corp. blasted current pricing models based on the London Metal Exchange and Midwest premium, claiming they no longer reflect supply and demand fundamentals., 10 Apr 2014 18:41:00 GMTExide smelter to stay idle until air rules metExide Technologies Ltd. was dealt a double blow after a California court and regulatory agency both ruled that it cannot resume operations at its Vernon, Calif., lead smelting facility until it gains compliance with new air rules., 10 Apr 2014 16:51:00 GMTHouse judiciary chairman rips CFTC, LMEU.S. House Judiciary Committee chairman Rep. Bob Goodlatte (R., Va.) ripped the U.S. Commodity Futures Trading Commission (CFTC) and the London Metal Exchange for what he said was a "slow" response to long waits for aluminum at exchange-listed warehouses., 10 Apr 2014 15:58:00 GMTNovelis exits household foil market on import pressureNovelis Inc. plans to exit the household foil business because of import pressure, largely from China, a company spokeswoman said., 10 Apr 2014 00:34:00 GMTSurvey of titanium players prompts speculationThe U.S. Commerce Department’s Bureau of Industry and Security has reportedly contacted titanium companies in recent weeks and instructed them to complete an extensive questionnaire on their business practices, sources told AMM., 10 Apr 2014 00:17:00 GMTCommodities to continue rise: ETF SecuritiesInvestment in commodities picked up in the first quarter of 2014 after underperforming last year, according to exchange-traded product provider ETF Securities Ltd., 09 Apr 2014 22:22:00 GMTAlcoa expects construction activity to riseNorth American construction activity should improve with better weather, but the region’s packaging market needs to innovate if it expects to see gains, Alcoa Inc.’s top executive said., 09 Apr 2014 22:14:00 GMTAluminum cable said to replace copperAluminum cable is set to steal market share from copper in a number of areas, according to Nexans SA’s corporate purchasing director for nonferrous metals., 09 Apr 2014 21:03:00 GMTMiners applying belt-tightening: analystMining companies are tightening their belts and exercising supply discipline as they turn their attention to being more frugal, an analyst at Bank of America Merrill Lynch said., 09 Apr 2014 20:50:00 GMTMore Alcoa production cuts possibleAlcoa Inc. may consider further capacity cuts at facilities that operate at a loss despite a forecast aluminum shortage, company officials said., 09 Apr 2014 20:09:00 GMTLME mulling appeal of court decision, won’t be ‘derailed’The London Metal Exchange is still deciding whether to appeal a U.K. High Court decision in favor of aluminum producer United Co. Rusal (UC Rusal) that halted its new warehouse rules, but the exchange "will not be derailed," chief executive officer Garry Jones said., 09 Apr 2014 19:25:00 GMTBrass mill imports, exports rise in Feb.U.S. imports and exports of brass mill products increased in February compared with the same month last year, according to the latest statistics from the Copper and Brass Fabricators Council., 09 Apr 2014 18:12:00 GMTNickel output, consumption seen climbing in 2014: INSGA recovering world economy has led to improved global nickel demand in the first quarter compared with the latter part of 2013, according to the International Nickel Study Group (INSG)., 09 Apr 2014 17:52:00 GMTCodelco unfazed by China, fickle tagsVolatile copper prices and concerns that a clampdown on shadow banking will lead to a flood of metal into China’s domestic market have not resulted in cancellations from customers, Corporación Nacional del Cobre de Chile (Codelco) chief executive officer Thomas Keller told AMM., 08 Apr 2014 23:14:00 GMTCodelco at key step in financing talksCorporación Nacional del Cobre de Chile (Codelco) is working on annual negotiations for future Chilean government financing, discussions that could have taken on more importance this year due to where the company stands in its investment program., 08 Apr 2014 23:04:00 GMTAlcoa posts $178M loss on closures, low pricesAlcoa Inc. logged a first-quarter net loss of $178 million on low aluminum prices and costs related to plant closures., 08 Apr 2014 23:02:00 GMTCodelco moves cost-cutting plans forwardCorporación Nacional del Cobre de Chile (Codelco) is pushing ahead with its cost containment and productivity improvement initiatives as it seeks to mitigate the effect of fluctuating copper prices and lower ore grades, according to the company’s top executive., 08 Apr 2014 23:01:00 GMTAugusta moves up meeting to discuss ‘poison pill’ planAugusta Resource Corp. has moved its annual shareholders meeting to May 2 from May 9 to allow shareholders to consider the company’s shareholder rights plan., 08 Apr 2014 22:54:00 GMTNovelis aims for prime position with secondaryAs Novelis Inc. continues to invest heavily in scrap utilization programs and technology in North America, South America, South Korea and Germany, the company is aiming to capture additional market share from manufacturers of prime-based aluminum alloys., 08 Apr 2014 22:25:00 GMTMarket mixed on LME regional contract planThe London Metal Exchange’s plan to launch regional aluminum premium hedging contracts has been met with muted enthusiasm and harsh criticism in North America., 08 Apr 2014 21:01:00 GMTAnglo American may target copper investment in AfricaAnglo American Plc may consider investing in copper assets in Africa, according to a company executive., 08 Apr 2014 18:36:00 GMTDLA sells low-carbon ferrochromeDLA Strategic Materials sold 280 short tons of low-carbon ferrochrome last month to Amherst, N.Y.-based CCMA LLC and Cincinnati-based David J. Joseph Co. for a combined $687,000., 08 Apr 2014 18:26:00 GMTRichard Merluzzi re-elected AEC chairmanThe Aluminum Extruders Council (AEC) has re-elected Pennex Aluminum Co. chief executive officer Richard A. Merluzzi as its chairman., 08 Apr 2014 17:33:00 GMTAnglo focusing on productivity gainsThe global economic downturn was a wake-up call to the mining industry and has driven Anglo American Plc to focus on improving productivity, according to Hennie Faul, chief executive officer of the miner’s copper division., 08 Apr 2014 16:52:00 GMTAleris paying $180,000 to settle allegationsAleris International Inc. has agreed to pay the state of Michigan $180,000 to settle alleged air pollution violations at its Coldwater, Mich., facility, according to state environmental regulators., 08 Apr 2014 02:01:00 GMTEramet, Vale, New Caledonia sign nickel exploration dealEramet SA has reached an agreement with Vale Canada Ltd. and New Caledonia’s south province for the exploration, study and beneficiation of the nickel deposits at Prony and Pernod in South New Caledonia., 08 Apr 2014 00:06:00 GMTEmal-Dubal merged entity incorporatedEmirates Global Aluminium (EGA), the combined entity comprising Emirates Aluminium Co. Ltd. (Emal) and Dubai Aluminium Co. Ltd. (Dubal), has been incorporated., 07 Apr 2014 23:57:00 GMTHuntington Aluminum seeks OK to build melting furnaceHuntington Aluminum Inc. is seeking permission to build and operate a new rotary batch reverberatory aluminum melting furnace., 07 Apr 2014 23:38:00 GMTAluminum demand seen in line for fallProduction cuts and a U.K. High Court ruling preventing reforms to London Metal Exchange warehouse policies could drive aluminum prices and regional premiums for the light metal higher, analysts said., 07 Apr 2014 23:06:00 GMTChina capable of absorbing copper surplus: AntofagastaChina’s slowing economy will be able to absorb a copper market surplus in 2014 provided expectations for mine disruptions do not disappoint, according to Antofagasta Plc., 07 Apr 2014 22:14:00 GMTChina asks WTO to set up dispute panel on US dumping casesThe World Trade Organization (WTO) has been asked by China to set up a dispute settlement panel to consider the U.S. application of “targeted dumping” and the use of “zeroing” in anti-dumping proceedings involving a number of imported products., 07 Apr 2014 21:08:00 GMTCopper, moly shipments from Taseko’s Gibraltar Mine riseTaseko Mines Ltd.’s copper and molybdenum shipments from its Gibraltar Mine in British Columbia increased in the first quarter., 07 Apr 2014 20:44:00 GMTFelman restart would take ‘several weeks’Felman Production LLC said it would take several weeks to restart operations at its New Haven, W.Va., silicomanganese plant should it agree to a special electricity rate plan., 07 Apr 2014 18:47:00 GMTFatality halts output at Vale's Sudbury smelterVale SA has idled its Copper Cliff smelter in Sudbury, Ontario, following a fatal accident April 6., 07 Apr 2014 18:16:00 GMTUS accuses titanium executive of briberyA federal indictment unsealed this past week accuses a Ukrainian titanium executive of conspiring to bribe officials in India to mine minerals, including ilmenite, a feedstock for sponge., 04 Apr 2014 23:33:00 GMTJW Aluminum boosting conversion feeJW Aluminum Co. plans to increase its conversion price on all alloys by 5 cents per pound effective with new orders April 7 as it mulls "alternate" price methods., 04 Apr 2014 23:02:00 GMTAZZ net income slides in quarterAZZ Inc.’s net income fell 22.6 percent in its fiscal fourth quarter despite a 28.9-percent gain in revenue as "sluggish" markets and weather-related delays weighed on results, it said in its quarterly financial results April 4., 04 Apr 2014 22:39:00 GMTMarket divided on impact of Felman power rateSilicomanganese traders are divided on whether free-market spot prices will be negatively impacted after Felman Production LLC won a special electricity rate for its New Haven, W.Va., smelter., 04 Apr 2014 21:01:00 GMTSilicon prices hold firm on Brazil supply cutsSilicon metal prices have held at higher levels, with production cuts in Brazil and firm domestic demand keeping supplies tight., 04 Apr 2014 20:41:00 GMTMidwest aluminum premiums riseMidwest aluminum premiums have reversed course and inched upward after a court ruling in the United Kingdom prevented expected reforms to London Metal Exchange warehouse policies from being implemented., 04 Apr 2014 15:01:00 GMTW.Va. OKs special power rate for FelmanThe West Virginia Public Service Commission (PSC) has authorized a special electricity rate plan for silicomanganese producer Felman Production LLC., 04 Apr 2014 00:03:00 GMTZinc, lead to see ’14 supply shortfall: ILZSGThe global zinc and lead markets are expected to experience supply deficits in 2014, according to the International Lead and Zinc Study Group (ILZSG)., 03 Apr 2014 22:42:00 GMTOrmet sale of alumina approvedOrmet Corp. has received bankruptcy court approval to sell about 24,000 tonnes of sandy calcined metallurgical-grade alumina to Trafigura AG for nearly $6 million., 03 Apr 2014 15:48:00 GMTRoyal Nickel's Dumont project takes another step forwardQuebec’s Ministry of Sustainable Development, Environment, Wildlife and Parks has published the Environmental and Social Impact Assessment (Esia) for Royal Nickel Corp.’s Dumont project., 02 Apr 2014 22:56:00 GMTSkana weighs trade petition vs. ChinaSkana Aluminum Co. is mulling a trade complaint against imports from China following what the company characterizes as a surge of low-priced flat-rolled aluminum into the U.S. market., 02 Apr 2014 22:24:00 GMTAsarco wins clean-up case vs. CemexA federal judge has ruled that Cemex Inc. is liable for part of the cleanup costs paid by Asarco LLC to remediate arsenic contamination of the Rio Grande near El Paso, Texas., 02 Apr 2014 21:22:00 GMTCopper market to move into surplus in ’14: ICSGGlobal refined copper output will exceed demand by 405,000 tonnes in 2014 after four consecutive years of supply deficits, according to the International Copper Study Group (ICSG)., 02 Apr 2014 20:36:00 GMTLower-cost power ‘essential’ for smelter viability: NorandaAffordable power is necessary for any primary aluminum smelter to survive, Noranda Aluminum Holding Corp.’s top executive said during a press conference April 2 at the Aluminum Association’s spring meeting in San Antonio., 02 Apr 2014 18:47:00 GMTBattle is on to grab auto market shareAluminum has great growth opportunities in the automotive sector, but the light metal faces stiff competition from new high-strength steels and composites, according to one industry expert., 02 Apr 2014 17:24:00 GMTCME futures plan drawing interest: BrockAluminum Association members are closely following CME Group Inc.’s plans to launch a North American aluminum futures contract, according to association president Heidi Brock., 02 Apr 2014 15:45:00 GMTTitanium sponge imports tumble in 2013U.S. titanium sponge imports fell 40.9 percent last year but industry stocks jumped nearly as much as U.S. production., 01 Apr 2014 23:06:00 GMTMercator Minerals losses continue in 4th qtr.Mercator Minerals Ltd. reported its second consecutive quarterly loss as it restructures amid a buyout by Intergeo MMC Ltd., 01 Apr 2014 21:34:00 GMTTitanium surcharge logs first gain in two yearsThe first boost in a key titanium surcharge in two years has helped raise hopes that mill product prices might be poised to increase, although most buyers have yet to see evidence of this., 01 Apr 2014 21:17:00 GMTCanada ‘needs to increase aluminum capacity’Aluminum producers in Canada must boost capacity to serve markets in the United States and Europe ahead of a free-trade agreement between Canada and the European Union, according to the head of the Aluminium Association of Canada., 01 Apr 2014 20:52:00 GMTAleris finalizes $110M Nichols Aluminum buyAleris International Inc. has completed its $110-million acquisition of Nichols Aluminum LLC., 01 Apr 2014 17:41:00 GMTAnfield Nickel director exits postAnfield Nickel Corp.’s Robert Pirooz has resigned as corporate secretary and from the company’s board of directors, the junior minor said March 31., 01 Apr 2014 17:21:00 GMTHudBay extends Augusta offer to May 5HudBay Minerals Inc. has extended its offer to acquire all outstanding shares of Augusta Resource Corp. to May 5, it said in a statement March 31, describing Augusta’s strategic review process as a "stalling tactic" that has "failed.", 31 Mar 2014 23:39:00 GMTITC sets hearing on ferrosilicon importsThe U.S. International Trade Commission (ITC) has scheduled a July 29 hearing as part of the final phase of its anti-dumping investigation into ferrosilicon from Russia and Venezuela., 31 Mar 2014 20:40:00 GMTCommerce rules on magnesium metal importsThe Commerce Department’s International Trade Administration (ITA) has issued the preliminary results of an anti-dumping duty administrative review of imports of magnesium metal from China from April 1, 2012, to March 31, 2013., 31 Mar 2014 20:34:00 GMTAluminum billet upcharge logs gainAluminum billet upcharges have risen slightly as improving weather has led to a pickup in demand., 31 Mar 2014 19:59:00 GMTService Center Metals cutting prices 1¢/lb. for AprilService Center Metals LLC (SCM) is cutting prices on all products by 1 cent per pound for all new orders, as well as orders scheduled to ship on or after April 1., 31 Mar 2014 19:29:00 GMTCopper premiums hold firm as mart seeks Comex cuesDelivered premiums for copper cathode remained unchanged as buyers and sellers are adopting a wait-and-see attitude over volatility in Comex copper prices., 28 Mar 2014 23:10:00 GMTSt. Louis against Noranda power rate dealSt. Louis city officials are opposing a proposed electricity rate decrease for Noranda Aluminum Holding Corp.’s New Madrid, Mo., smelter, which they said would cost residents millions of dollars in higher rates., 28 Mar 2014 22:28:00 GMTAlcoa slashing production in BrazilAlcoa Inc. plans to stop smelting aluminum at its first plant in Brazil and will further cut production at another smelter., 28 Mar 2014 22:05:00 GMT