Nonferroushttp://www.amm.com©2014 www.amm.com60NonferrousFerromanganese prices up as demand returnsSpot prices for low- and medium-carbon ferromanganese have begun to inch up as more spot inquiries emerge following the seasonal summer slowdown., 29 Aug 2014 22:10:00 GMTAuto aluminum demand said to fuel new capacityNorth American automotive aluminum sheet producers believe that stepped-up demand could lead to the addition of several wide hot mills in the United States over the next decade as current capacity is insufficient., 29 Aug 2014 21:50:00 GMTSupply fears seen driving zinc prices upZinc prices are expected to rise dramatically amid concerns about tightening supply, according to Scotiabank, forecasting prices will reach $1.25 per pound next year and as high as $1.70 per pound in 2016., 29 Aug 2014 21:34:00 GMTFerrosilicon ITC ruling seen having little impactFerrosilicon market participants are not convinced that the U.S. International Trade Commission (ITC) ruling on imports from Venezuela will lead to lower prices in the spot market., 29 Aug 2014 21:13:00 GMTAluminum billet upcharges hold firm as demand climbsIncreased demand for aluminum billet could spur significant bumps in upcharges for material shipped in early fall, according to market participants., 29 Aug 2014 20:57:00 GMTNAN names Christiansen to advisory boardNorth American Nickel Inc. (NAN) has appointed Ole Christiansen to its advisory board, the miner said Aug. 28., 29 Aug 2014 17:59:00 GMTProtoService adds system to make Ti partsItaly’s ProtoService Srl has ordered a second additive manufacturing system from Sweden’s Arcam AB for the production of titanium parts., 28 Aug 2014 22:53:00 GMTJapanese brass maker files counterclaim in patent suitMitsubishi Shindoh Co. Ltd. has filed a counterclaim against brass valves maker Conbraco Industries Inc., alleging that the company is using a patent lawsuit in an effort to exhaust inventories of the products in question., 28 Aug 2014 21:04:00 GMTFerromanganese offered by DLADLA Strategic Materials is offering up to 100,000 short tons of high-carbon ferromanganese for the 2015 and 2016 fiscal years., 28 Aug 2014 18:27:00 GMTLabor Day holiday noticeAMM’s offices will be closed Monday, Sept. 1, in observance of Labor Day, and there will be no issue dated Tuesday, Sept. 2., 28 Aug 2014 00:11:00 GMTPower provider applauds Noranda rate rulingThe power provider for Noranda Aluminum Holding Corp.’s smelter in New Madrid, Mo., praised a ruling that rejected the company’s request for a lower power rate., 28 Aug 2014 00:06:00 GMTCourt rules against Asarco in cleanup suitCopper miner Asarco LLC has lost its bid to be refunded part of a $99.3-million cleanup of environmental contamination at a site in East Helena, Mont., 27 Aug 2014 23:55:00 GMTGlobe may switch capacity if silicon prices riseGlobe Specialty Metals Inc. will consider switching ferrosilicon capacity to silicon metal output in 2015 if prices for the latter product continue to improve., 27 Aug 2014 21:59:00 GMTGlobe to restart ferrosilicon output at SiltechGlobe Specialty Metals Inc. aims to restart ferrosilicon production at South African subsidiary Silicon Technology Pty Ltd. (Siltech) by the end of 2014., 27 Aug 2014 20:56:00 GMTNo US duties for Venezuela ferrosiliconImports of ferrosilicon from Venezuela are not injuring or threatening to injure the U.S. industry, the International Trade Commission (ITC) ruled Aug. 26. As a result, no anti-dumping duties will be imposed., 26 Aug 2014 23:04:00 GMTLME wins dismissal in aluminum antitrust suitA judge has dismissed the London Metal Exchange as a defendant in a U.S. antitrust lawsuit alleging manipulation of aluminum supplies to drive up prices on the grounds of sovereign immunity., 26 Aug 2014 22:54:00 GMTAluminum prices hit 18-month highAluminum prices hit an 18-month high Aug. 26 as surging demand from key market sectors, coupled with a significant increase in July orders for manufactured durable goods, helped buoy terminal markets., 26 Aug 2014 22:04:00 GMTSudbury Platinum finalizes Aer-Kidd dealSudbury Platinum Corp. (SPC) has closed its acquisition of a 100-percent interest in the mining rights to the Aer-Kidd nickel-copper-platinum group metals project in Ontario’s Sudbury Basin for Canadian $1.25 million ($1.14 million)., 25 Aug 2014 22:10:00 GMTAlcoa to shut down smelter in ItalyAlcoa Inc. will permanently close its Portovesme primary aluminum smelter in Carbonia-Iglesias, Italy., 25 Aug 2014 20:58:00 GMTHudBay to merge Augusta with an indirect unitHudBay Minerals Inc. has entered into an agreement to merge Augusta Resource Corp. with an indirect, wholly owned subsidiary of HudBay., 25 Aug 2014 20:00:00 GMTNA Tungsten plans production upgradeNorth American Tungsten Corp. Ltd. plans to increase throughput at its Cantung mill in the Northwest Territories by up to 25 percent after posting a marginal loss in its fiscal third quarter., 25 Aug 2014 19:47:00 GMTCarlyle Group closes buy of stake in trader Traxys GroupCarlyle Group LP and associated investors have completed the acquisition of a majority stake in physical metals trader and logistics company Traxys Group., 25 Aug 2014 16:57:00 GMTBrazil sales worry US aluminum buyersSeveral aluminum P1020 consumers are growing concerned about an anticipated supply shortage resulting from a recent uptick in shipments of domestic aluminum to Brazil., 22 Aug 2014 23:01:00 GMTTeck to capitalize on zinc shortfall: execThe restart of Teck Resources Ltd.’s Pend Oreille Mine in northern Washington will help meet an expected zinc supply shortfall, with the company forecasting that Chinese production will be unable to keep pace with growing demand., 22 Aug 2014 22:20:00 GMTMercedes swaps aluminum pistons for steelGerman automaker Mercedes-Benz will replace aluminum pistons with high-tech steel pistons in one of its diesel passenger vehicles starting in September., 22 Aug 2014 20:34:00 GMTFerrosilicon prices nearing $1 per pound in tight martFerrosilicon spot prices are inching closer to the $1-per-pound mark, although long-term contract offtake continues to greatly exceed spot market activity., 22 Aug 2014 18:08:00 GMTTight supply of low-carbon ferrochrome boosts pricesLow-carbon ferrochrome prices have strengthened amid reports of tightening domestic supply, which has lent support to those holding material sourced from DLA Strategic Materials., 22 Aug 2014 17:12:00 GMTGrupo México division faces charge over mine’s acid spillA criminal complaint has been filed against Buenavista del Cobre SA de CV by Mexico’s Federal Attorney for Environmental Protection (Profepa) stemming from an acid spill at the company’s Buenavista copper mine into the Sonora River., 22 Aug 2014 16:32:00 GMTSesa Sterlite plea to stay Asarco payment deniedA judge in U.S. District Court in Texas has denied Sesa Sterlite Ltd.’s request to stay a court order that it pay nearly $83 million to copper miner Asarco LLC., 21 Aug 2014 23:50:00 GMTUS molybdenum usage rises, world demand fallsMolybdenum usage in the United States increased 4.2 percent in the first quarter compared with the last three months of 2013, with North American molybdenum production also ticking up slightly., 21 Aug 2014 22:57:00 GMTSpot nickel premiums slide on surplusSpot premiums for refined nickel units in the North American market have slipped in recent weeks, with industry sources noting a surplus of available material on the market and a late-summer slowdown in trading activity., 21 Aug 2014 22:34:00 GMTUSS lifts coating extras; others seen followingDomestic steelmakers are continuing their push to raise zinc coating extras in an effort to offset higher costs., 21 Aug 2014 21:06:00 GMTHigher refined copper output, lower demand shrink deficitThe global refined copper market deficit narrowed to 69,000 tonnes in May, down 62.9 percent from 186,000 tonnes the previous month, as production increased 3.3 percent and consumption fell 2.8 percent., 21 Aug 2014 20:31:00 GMTMart still bullish on Midwest aluminum premiumMidwest aluminum premiums held their ground this week, with market participants noting that industry sentiment was leaning toward steady or higher premium levels through the fall., 21 Aug 2014 19:43:00 GMTDuluth says Twin Metals project viableDuluth Metals Ltd.’s proposed Twin Metals nickel-copper-platinum group metals mine in Minnesota is "supported by financial fundamentals" that make the project economically viable, according to a draft prefeasibility study., 20 Aug 2014 22:28:00 GMTGlencore’s ferroalloys unit logs strong profitGlencore Plc’s ferroalloys division posted a 40.5-percent increase in earnings for the first half of the year, due in part to growing ferrochrome consumption and pricing outside of China., 20 Aug 2014 22:08:00 GMTNasmyth expands into US with deal for metal finisherNasmyth Group Ltd. has expanded into the United States with the acquisition of aerospace specialist Technical Metal Finishing Inc., 20 Aug 2014 21:25:00 GMTPower regulators reject Noranda rate reliefNoranda Aluminum Holding Corp.’s request for a lower electricity rate has been rejected by the Missouri Public Service Commission (PSC)., 20 Aug 2014 19:33:00 GMTEvans Industries’ deal adds to nonferrous foundry reachPrivate equity firm Evans Industries Inc. has acquired Meloon Foundries Inc. after the owners of the nonferrous foundry chose to retire from the business., 20 Aug 2014 16:09:00 GMTUnited Copper files lawsuit against trucking companiesCopper wire maker United Copper Industries Inc. is suing trucking companies Litmax Lines Inc. and Landstar Ranger Inc. for alleged non-delivery of shipments., 19 Aug 2014 22:12:00 GMTDLA offering ferrochrome for saleDLA Strategic Materials is offering 3,000 short tons of high-carbon ferrochrome and 1,275 tons of low-carbon ferrochrome for sale this month., 19 Aug 2014 21:49:00 GMTFirst Quantum completes Lumina buyFirst Quantum Minerals Ltd. has completed its acquisition of copper exploration company Lumina Copper Corp., the mining company said Aug. 19., 19 Aug 2014 21:43:00 GMTNoranda power rate meeting setThe Missouri Public Service Commission (PSC) will issue a report and order Aug. 20 regarding Noranda Aluminum Holding Corp.’s request for a lower electricity rate., 19 Aug 2014 20:50:00 GMTDynacast earnings soar on stronger second-qtr. salesZinc and aluminum die cast producer Dynacast International Inc. reported improved second-quarter results on a strong performance in North America and Europe, particularly a recovery in southern Europe and strong sales at its operations in Germany and the United Kingdom., 19 Aug 2014 16:48:00 GMTLundin’s Eagle gears for output after court OKLundin Mining Corp.’s Eagle nickel-copper mine is set to commence production this fall as scheduled after the Michigan Court of Appeals upheld the project’s mining and groundwater discharge permits., 18 Aug 2014 23:25:00 GMTAzure, Kennecott in deal on Mexico projectExploration company Azure Minerals Ltd. has reached an earn-in and joint-venture agreement with Kennecott Exploration Co., part of Rio Tinto Group, to explore for copper at Azure’s wholly owned Promontorio project in northern Mexico., 18 Aug 2014 23:14:00 GMTBoeing weighs boosting 737 outputContinuing strong demand for Boeing Co.’s 737 is spurring its builder to consider yet another increase in the airliner’s production rate, which would mean still-greater demand for aerospace aluminum alloy plate., 18 Aug 2014 22:37:00 GMTAutos help fuel aluminum shipment gainsNorth American service center aluminum shipments inched up last month as strong demand from a number of key markets, including automotive, aerospace and building and construction, continued to drive orders higher., 18 Aug 2014 22:04:00 GMTOutput cuts driving aluminum price rise: analystGlobal production curtailments are driving a recent spike in domestic and international aluminum prices, according to Morgan Stanley Research analyst Adam Longson., 18 Aug 2014 21:13:00 GMTOracle sues JW Aluminum for $656,800Oracle Flexible Packaging Inc. (OFP) is suing JW Aluminum Co. for $656,820 for allegedly failing to pay for delivered aluminum., 18 Aug 2014 20:45:00 GMTRed Kite trading head Barry Feldman diesBarry Feldman, global head of physical trading at Red Kite Group, died Aug. 15 after a battle with pancreatic cancer. He was 67., 18 Aug 2014 19:26:00 GMTCopper premiums could feel pressureCopper premiums remain steady at 6 to 6.5 cents per pound, but market participants believe downward pressure is imminent as consumers pause to see where Comex prices will land., 16 Aug 2014 01:04:00 GMTFerrovanadium prices hold steadyFerrovanadium producers are continuing to wait for an improvement in domestic spot pricing, with some choosing to focus on a European market that has seen prices strengthen in recent weeks., 15 Aug 2014 23:01:00 GMTImperial Metals halts output at Mount PolleyImperial Metals Corp. has indefinitely halted production at its Mount Polley open-pit copper and gold mine in British Columbia due to a tailings dam breach, according to the company’s second-quarter financial report., 15 Aug 2014 22:37:00 GMTPort of Oswego aluminum shipments to riseShipments of aluminum products through the St. Lawrence Seaway to the Port of Oswego in New York are expected to increase by 30 percent this year, according to the Chamber of Marine Commerce., 15 Aug 2014 19:46:00 GMTGlencore logs drop in zinc, nickel outputGlencore Plc’s production from its nickel and zinc assets declined in the first half of the year due to several mine closures, although output rose at North American assets still in operation, the company said Aug. 13., 15 Aug 2014 15:34:00 GMTMidwest aluminum premiums trend upwardMidwest aluminum premiums ticked higher this week, with market participants saying that elevated premiums in Brazil and Japan, coupled with continued issues related to higher domestic freight charges, had prompted sellers to test the upper limits of the market., 15 Aug 2014 00:10:00 GMTPatent row may impact copper, brass millsCopper and brass mills and ingot makers who have been granted a license for the Eco Brass copper alloy could be adversely impacted by a patent dispute between Conbraco Industries Inc. and Mitsubishi Shindoh Co. Ltd., 15 Aug 2014 00:07:00 GMTGrupo México ordered to fund spill cleanupMexico’s Federal Attorney for Environmental Protection (Profepa) has ordered Buenavista del Cobre SA de CV to pay for remediation of a mine tailings spill from the company’s Buenavista Mine project into the country’s Sonora River., 14 Aug 2014 23:22:00 GMTExplosion, fire at Noranda’s Mo. smelterA transformer exploded at Noranda Aluminum Holding Corp.’s smelting facility in New Madrid, Mo., 14 Aug 2014 22:55:00 GMTVictory Nickel focuses on Minago projectVictory Nickel Inc. will "continue to work on optimizing" its Minago nickel project in Manitoba "in preparation for a strengthening nickel market," the company said Aug. 14 in its second-quarter financial report., 14 Aug 2014 22:02:00 GMTKWG to appeal Ring of Fire rulingKWG Resources Inc. will appeal a decision allowing Cliffs Natural Resources Inc. to dispense with the consent of KWG subsidiary Canada Chrome Corp. (CCC) in building a road that would cross CCC mining claims in northern Ontario’s Ring of Fire region., 14 Aug 2014 19:17:00 GMTNorth America aluminum orders up in JulyNorth American aluminum orders rose sharply in July as demand for auto body sheet enters the first stage of what some analysts are calling an explosive growth cycle, driven primarily by increased usage of lightweight aluminum alloys by major automakers., 13 Aug 2014 22:23:00 GMTFerrochrome usage rises in May vs. AprilU.S. high-carbon and low-carbon ferrochrome consumption trended up in May compared with April, with year-to-date consumption also showing further improvement from a year earlier, U.S. Geological Survey (USGS) data show., 13 Aug 2014 20:50:00 GMTRedhawk, Anglo to develop Copper CreekRedhawk Resources Inc. has signed a joint-venture agreement with Anglo American Plc to develop its Copper Creek project in San Manuel, Ariz., 13 Aug 2014 19:36:00 GMTBrass mill imports, exports rise in JuneU.S. imports and exports of brass mill products increased in June compared with the same month last year, according to Copper and Brass Fabricators Council data., 13 Aug 2014 15:54:00 GMTDistributor’s brass, copper shipments climbCopper and brass shipments by service centers increased to 21.69 million pounds in June, up 6.1 percent from the same month last year, according to Copper and Brass Servicenter Association (CBSA) data., 13 Aug 2014 14:38:00 GMTAnsonia to pay $400,000 in back taxesDefunct copper and brass producer Ansonia Copper & Brass Inc. will account for $400,000 it owes in back taxes to the city of Ansonia, Conn., by paying for the demolition of its former manufacturing facility, legal counsel for the company told AMM., 12 Aug 2014 23:06:00 GMTDLA offers ferromanganese againDLA Strategic Materials is again offering 5,419 short tons of high-carbon ferromanganese as part of its quarterly offering. Bids close the afternoon of Aug. 13., 12 Aug 2014 21:54:00 GMTFirst Nickel trims loss as sales, output improveFirst Nickel Inc. (FNI) narrowed its net loss as sales strengthened in the second quarter due to increased ore and contained nickel production, as well as higher shipments., 12 Aug 2014 21:46:00 GMTNiagara to ‘repurpose’ Ormet assetsThe new owner of the former Ormet Corp. smelting facility in Hannibal, Ohio, is looking to "repurpose" manufacturing equipment at the idle site., 12 Aug 2014 21:42:00 GMTNoranda’s loss narrows, but power rate problems persistNoranda Aluminum Holding Corp.’s loss narrowed in the second quarter, although the company continues to be impacted by serious liquidity issues caused by its power contract., 12 Aug 2014 19:14:00 GMTChina to comply with WTO rare earths rulingChina said it will comply with a ruling by the appellate body of the World Trade Organization that its export restrictions on rare earths, tungsten and molybdenum violated WTO rules., 12 Aug 2014 18:45:00 GMTGeneral Moly focusing on Asian market: HansenGeneral Moly Inc. expects to have some molybdenum supply contracts with U.S. steelmakers once it starts production, but believes the Asian steel market will drive demand., 12 Aug 2014 18:21:00 GMTInternational Wire earnings jump in 2d qtr. Copper wire products maker International Wire Group Holdings Inc. posted a 9.6-percent increase in net income to nearly $5 million in the second quarter, driven by higher plant utilization and lower medical costs, as well as lower depreciation and amortization., 12 Aug 2014 17:49:00 GMTSudbury Platinum buys Aer-Kidd projectSudbury Platinum Corp. (SPC) has exercised a right of first refusal to purchase CaNickel Mining Ltd.’s 100-percent interest in the Aer-Kidd nickel-copper-platinum group metals project in Ontario’s Sudbury Basin for Canadian $1.25 million ($1.14 million)., 12 Aug 2014 17:11:00 GMTCopper Mountain logs profit, finishes crusherCopper Mountain Mining Corp. swung to a profit in the second quarter as it completed its secondary crusher at its Copper Mountain Mine in British Columbia., 12 Aug 2014 16:13:00 GMTRNC sees progress despite 2d-qtr. lossRoyal Nickel Corp. (RNC) said it made "solid progress" in the second quarter, including the acquisition of interests in two separate exploration opportunities, despite falling deeper into the red., 11 Aug 2014 20:48:00 GMTNanko suit alleges shipping violations by AlcoaAlcoa Inc. is being sued by a shipping company that claims the aluminum producer failed to properly recognize its right to handle certain bauxite exports from Guinea., 11 Aug 2014 20:42:00 GMTTredegar earnings bolstered by Bonnell salesTredegar Corp.’s earnings nearly tripled in the second quarter, driven by a strong performance by subsidiary Bonnell Aluminum Inc., despite pricing pressures and production inefficiencies in the company’s film products segment., 11 Aug 2014 18:58:00 GMTSupply tightness lifts silicon prices furtherSpot prices for silicon metal have risen again, with outages from Brazilian and Australian producers continuing to crimp domestic supply., 11 Aug 2014 18:07:00 GMTAsarco, USW labor contract talks on holdContract negotiations between Asarco LLC and the United Steelworkers union have been put on hold until after the USW’s annual convention in Las Vegas, the union said., 08 Aug 2014 23:38:00 GMTEvraz Stratcor assumes sales of vanadium for N. AmericaEvraz Stratcor Inc. has assumed responsibility for vanadium and ferrovanadium sales in North America from Evraz East Metals North America LLC., 08 Aug 2014 23:16:00 GMTHigher sales boost Capstone Mining profitsCapstone Mining Corp.’s earnings jumped in the second quarter thanks to higher sales from its Pinto Valley project in Arizona and consistent sales from its Cozamin Mine in Mexico’s Zacatecas state and the Minto Mine in Yukon., 08 Aug 2014 23:02:00 GMTNoranda power rate ruling delayedThe Missouri Public Service Commission has delayed its decision in Noranda Aluminum Holding Corp.’s request for a lower electric rate from power provider Ameren Missouri., 08 Aug 2014 22:41:00 GMTMercator mulls options in wake of failed dealCopper and molybdenum miner Mercator Minerals Ltd. is considering its strategic options after its deal to merge with Russia’s Intergeo MMC Ltd. fell through due to a delay in receiving approval from the Russian Federal Anti-Monopoly Services., 08 Aug 2014 22:06:00 GMTSilicomanganese tender offers emergeLong-term contract tenders for bulk ferroalloys have begun to emerge, but domestic spot trading activity remains quiet., 08 Aug 2014 22:03:00 GMTWTO sides with US in export restriction disputeThe World Trade Organization (WTO) Appellate Body has sided with the United States against Chinese export restrictions on molybdenum, rare earths and tungsten., 08 Aug 2014 16:34:00 GMTNovelis’ earnings get boost in qtr.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., 08 Aug 2014 00:56:00 GMTComex drop drives copper scrap market pauseSpreads 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., 08 Aug 2014 00:49:00 GMTAutomotive ramp-up comes with risks: NovelisAs 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., 08 Aug 2014 00:13:00 GMTNovelis raises auto, specialty sheet pricesNovelis Inc. has raised prices on its North American automotive and specialty aluminum sheet products for all new orders effective immediately., 07 Aug 2014 23:34:00 GMTGlobal Brass & Copper logs $9M profitGlobal 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., 07 Aug 2014 22:04:00 GMTRTI to ink new engine supply pact: HicktonRTI 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., 06 Aug 2014 23:04:00 GMTThompson Creek swings to profit in qtr.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., 06 Aug 2014 22:33:00 GMTGlencore seeks exclusion from lawsuitGlencore 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., 06 Aug 2014 21:50:00 GMTMooresboro startup drives Horsehead lossZinc 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., 06 Aug 2014 21:16:00 GMTHigher prices, sales boost moly earnings in quarterThompson 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., 06 Aug 2014 21:09:00 GMTApollo’s earnings soar in 2d qtr.Apollo Global Management LLC’s net income surged in the second quarter., 06 Aug 2014 20:47:00 GMTAMG sees ferrovanadium volumes rise in 2d qtr.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., 06 Aug 2014 20:19:00 GMT