Nonferroushttp://www.amm.com©2014 www.amm.com60NonferrousBrazil outages could boost US silicon pricesSilicon production outages in Brazil could lead to supply shortfalls and spot price increases if the situation continues, North American silicon market participants said, although manganese alloy suppliers expect little impact on their market., 24 Jul 2014 23:30:00 GMTKaiser plans extrusion growth on auto strengthKaiser Aluminum Corp. is actively expanding its automotive extrusion capabilities in an effort to meet spiking demand from the sector, the company’s top executive said., 24 Jul 2014 22:23:00 GMTTeck earnings slide in second quarterTeck Resources Ltd.’s second-quarter earnings were dented by weaker copper results, but profits from its zinc business surged due in part to stronger sales and higher pricing., 24 Jul 2014 20:48:00 GMTPension trust’s move to block Ormet smelter sale rejectedA bankruptcy court judge has rejected the Steelworkers Pension Trust’s motion to stop the sale of Ormet Corp.’s aluminum smelter in Hannibal, Ohio., 24 Jul 2014 18:15:00 GMTStronger aero, auto demand lift Kaiser's netKaiser Aluminum Corp.’s net income climbed in the second quarter as improved demand for aerospace, automotive and extrusion applications helped offset lower prices for heat-treat plate products., 24 Jul 2014 00:53:00 GMTFreeport-McMoRan bullish on copper pricesFreeport-McMoRan Inc.’s realized copper prices have been flat, but the company expects prices to be strong going forward., 23 Jul 2014 22:25:00 GMTStrong demand lifts Freeport’s moly pricesFreeport-McMoRan Inc. has credited improved demand for a rise in molybdenum prices in the second quarter., 23 Jul 2014 20:01:00 GMTSchumer backs US ferrosilicon firmsSen. Charles Schume has urged the Commerce Department to consider allegations from companies including Globe Specialty Metals Inc. that Russian suppliers of ferrosilicon "misreported critical facts" during the agency’s anti-dumping investigation., 22 Jul 2014 23:56:00 GMTNoranda Income Fund logs loss in 2d qtr.Noranda Income Fund, which owns a zinc processing facility in Quebec, posted a second-quarter net loss due to an unplanned maintenance outage, electrical equipment failures and lower zinc metal production and sales., 22 Jul 2014 23:28:00 GMTGlobal refined copper mart deficit widens in April: ICSGThe global refined copper market deficit widened to 183,000 tonnes in April from an 84,000-tonne deficit the previous month, according to preliminary data from the International Copper Study Group., 22 Jul 2014 20:54:00 GMTAcquisitions boost Mueller 2d-qtr. resultsCopper, brass and aluminum pipe and tube maker Mueller Industries Inc. saw its second-quarter earnings jump 37.8 percent from a year earlier after adjusting for a $65.6-million gain from an insurance claim settled in the second quarter of 2013., 22 Jul 2014 20:39:00 GMTUS aluminum extruders weighing trade actionU.S. aluminum extruders are considering filing a trade complaint after it emerged that a Chinese-owned billet producer is storing a massive stockpile of aluminum extrusions at a facility in Mexico., 22 Jul 2014 19:29:00 GMTCIT rules for Golden Dragon in copper tube trade caseThe U.S. Court of International Trade (CIT) has dismissed a lawsuit filed by domestic copper tube producers in an anti-dumping trade case involving Golden Dragon Precise Copper Tube Group Inc., 22 Jul 2014 18:00:00 GMTCentury labor deal ratified by USWUnionized workers at Century Aluminum Sebree LLC, a wholly owned subsidiary of Century Aluminum Co., have ratified a new five-year collective bargaining agreement., 21 Jul 2014 22:53:00 GMTAircraft, engine backlogs lift aerospace metalsBacklogs for airliners and engines are providing a "momentum lift" to aerospace metals, according to some industry analysts., 21 Jul 2014 22:23:00 GMTOrmet wins approval to sell smelterA 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., 21 Jul 2014 18:50:00 GMTPebble copper mine would pose fishery riskThe federal Environmental Protection Agency has dealt another blow to the proposed Pebble copper mine in Alaska., 21 Jul 2014 14:32:00 GMTAmerigo misses 2d-qtr. copper output targetCopper 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., 18 Jul 2014 21:00:00 GMTLME aluminum prices hit 16-month highAluminum 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., 18 Jul 2014 20:46:00 GMTCopper premiums dip in quiet marketSummer 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., 18 Jul 2014 18:26:00 GMTLundin's Eagle project delivers first ore shipmentLundin 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., 17 Jul 2014 22:58:00 GMTRoyal Nickel secures additional funding for DumontRoyal 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., 17 Jul 2014 22:44:00 GMTMidwest aluminum premiums steadyMidwest 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., 17 Jul 2014 21:47:00 GMTConbraco denies violating alloy patentsConbraco 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., 17 Jul 2014 21:38:00 GMTHudBay acquires 92% of Augusta sharesCopper 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., 17 Jul 2014 20:22:00 GMTMTI expanding capabilities with 1,200-ton forming pressMetal 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., 17 Jul 2014 15:14:00 GMTAluminum gets boost from aerospace, autosNorth American service center aluminum shipments in June moved higher as strong demand from the automotive and aerospace industries continued to bolster orders., 16 Jul 2014 23:59:00 GMTAurubis Buffalo faces lawsuit 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., 16 Jul 2014 23:04:00 GMTNovelis labor hearing begins in SyracuseCourt proceedings aimed at determining whether executives from Novelis Inc. threatened employees at the company’s Oswego, N.Y., facility have commenced., 16 Jul 2014 22:13:00 GMTSupply issues said to lift copper pricesCopper 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., 16 Jul 2014 21:59:00 GMTSteel still on top despite Camry shift: SMDIAutomotive 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., 16 Jul 2014 21:18:00 GMTDLA Strategic Materials puts ferrochrome on offer for JulyDLA 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., 16 Jul 2014 21:13:00 GMTKaiser Aluminum exec resigns new postKaiser 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., 16 Jul 2014 16:55:00 GMTCommerce to name data chiefThe 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., 16 Jul 2014 16:24:00 GMTNew technology may boost copper wiringThe 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., 15 Jul 2014 23:14:00 GMTStainless steel scrap pricing trends sidewaysStainless 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., 15 Jul 2014 20:00:00 GMTCopper, brass service center shipments tumbleCopper and brass shipments by service centers dropped in May compared with a year earlier, according to Copper and Brass Servicenter Association (CBSA) data., 15 Jul 2014 19:18:00 GMTMercator-Intergeo merger threatenedMercator 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., 15 Jul 2014 17:32:00 GMTSignature to upgrade press lineSignature Aluminum Canada Inc. has selected Granco Clark Inc. to supply performance upgrades to its existing 3,000-ton extrusion line., 15 Jul 2014 14:28:00 GMTWTO sides with India in complaint against USIndian steelmakers did not benefit from some government subsidies, contrary to claims by the United States, a World Trade Organization (WTO) panel ruled July 14., 14 Jul 2014 23:22:00 GMTToyota to expand use of aluminum in CamryToyota Motor Corp. will dramatically expand the use of aluminum body panels and structures in its 2018 Camry, a major step in a global shift toward increased aluminum usage in cars and trucks., 14 Jul 2014 22:45:00 GMTAlcoa supply deal intrudes on titaniumAlcoa Inc.’s $1.1-billion deal to supply aluminum fan blade forgings to Pratt & Whitney Corp. (P&W) represents another inroad into one of titanium’s major aircraft engine roles., 14 Jul 2014 21:37:00 GMTHecla sees increased zinc, lead output at Lucky StrikeLead and zinc miner Hecla Mining Co. produced 10,230 tons of lead and 17,383 tons of zinc at its Lucky Friday Mine in Coeur d’Alene, Idaho, during the second quarter., 14 Jul 2014 20:21:00 GMTFerrochrome consumption mixed in AprilHigh-carbon ferrochrome consumption in the United States trended down in April compared with March, but year-to-date ferrochrome consumption was up from last year’s level, according to U.S. Geological Survey statistics., 14 Jul 2014 20:03:00 GMTOrbite facility step closer to completionOrbite Aluminae Inc. is moving closer to completing its high-purity alumina production facility in Cap-Chat, Quebec., 14 Jul 2014 19:35:00 GMTCME approves warehouse in Mich. to store aluminumCME Group Inc. has approved Dearborn Distribution Services Inc.’s application to store aluminum against the Comex aluminum futures contract at the warehouse company’s Dearborn, Mich., facility., 14 Jul 2014 16:51:00 GMTLME, banks face another zinc lawsuitGalvanizers Co. has filed a class-action lawsuit against the London Metal Exchange, Glencore Xstrata Plc, Goldman Sachs Group Inc., JPMorgan Chase & Co. and their respective warehousing units over alleged warehouse manipulation that it claims has driven up U.S. zinc premiums, 11 Jul 2014 22:43:00 GMTFerrochrome prices climb on strong demand Ferrochrome spot prices have moved up on the back of sustained strong demand and tight supply, while ferrovanadium and molybdenum spot prices continue to show weakness., 11 Jul 2014 22:26:00 GMTSilicon prices rise as supply problems persistSilicon metal prices have increased significantly over the past month, with sources noting that continued problems from power issues in Brazil coupled with lower production at a smelter in Australia had reduced U.S. imports., 11 Jul 2014 22:13:00 GMTThompson Creek moly output falls, copper risesThompson Creek Metals Co. produced 16 million pounds of copper in the second quarter, up 12.7 percent from 14.2 million pounds in the first three months of the year., 11 Jul 2014 20:59:00 GMTUS brass mill imports up, exports dip in MayU.S. imports of brass mill products increased in May compared with the same month last year while exports fell, according to data from the Copper and Brass Fabricators Council., 11 Jul 2014 20:56:00 GMTAtlantic eyeing $122M Windimurra restructuringAtlantic Ltd. is proposing an Australian $130-million ($122.1-million) restructuring of its Windimurra vanadium operations in Western Australia aimed at addressing "production bottlenecks.", 11 Jul 2014 18:14:00 GMTNAN reappoints execs, re-elects directorsNorth American Nickel Inc. (NAN) has reappointed four executives and re-elected six directors to the board at its annual general meeting., 11 Jul 2014 17:03:00 GMTRoyal Nickel executes $4.7M equity financing agreementRoyal Nickel Corp. (RNC) has completed its Canadian $5-million ($4.7-million) equity financing deal, the company said July 11., 11 Jul 2014 16:26:00 GMTCapstone copper output on target in 2d qtr.Capstone Mining Corp.’s Pinto Valley, Cozamin and Minto mines produced 27,700 tonnes of copper in concentrate and cathode in the second quarter, virtually even with the first three months of the year, the company said July 10., 10 Jul 2014 23:16:00 GMTWeak markets force General Cable restructure A “lack of consistent momentum in utility and construction spending,” as well as underperforming assets abroad, were behind General Cable’s decision to restructure its business, executive vice president and chief financial officer Brian Robinson said., 10 Jul 2014 22:24:00 GMTAlcoa to see boost from autos: analystAlcoa Inc’s Global Rolled Products and Engineered Products and Solutions segments are positioned to capitalize on emerging trends in global aerospace and automotive markets, according to a Morgan Stanley analyst., 10 Jul 2014 21:07:00 GMTSpot Midwest premiums rise to 20¢/lb.Midwest aluminum premiums have reached the 20-cent-per-pound mark again, with reportedly tight availability over the summer months lending further support to spot prices., 10 Jul 2014 19:01:00 GMTGeneral Cable to restructure, slash jobsWire and cable manufacturer General Cable Corp. will restructure its business, an effort it expects will lead to annual savings across all segments of $10 million this year and $75 million starting in 2016., 09 Jul 2014 23:38:00 GMTAlcoa forecasts bigger global aluminum deficitAlcoa Inc. has increased its forecast global aluminum supply deficit for the year while maintaining bullish forecasts for aluminum end markets, including aerospace, automotive, and building and construction., 09 Jul 2014 23:11:00 GMTCopper Mountain output risesCopper Mountain Mining Corp. reported increased output from its Copper Mountain mine in British Columbia in its second-quarter production report July 9., 09 Jul 2014 21:59:00 GMTHorsehead takes outage at MooresboroHorsehead Holding Corp. announced a “temporary outage” at its Mooresboro, N.C., zinc production facility July 8., 09 Jul 2014 21:26:00 GMTExide seeks approval to borrow $65MExide Technologies Ltd. is seeking permission to borrow an additional $65 million from its bankruptcy creditors, according to documents filed in U.S. Bankruptcy Court in Delaware., 09 Jul 2014 16:06:00 GMTAerospace, auto demand boost Alcoa resultsRising aluminum demand from the aerospace and automotive sectors and improved pricing put Alcoa Inc. firmly in the black in the second quarter., 08 Jul 2014 23:12:00 GMTTaseko sees Gibraltar Mine output riseTaseko Mines Ltd. reported higher copper and molybdenum output in its second-quarter production results July 7., 08 Jul 2014 22:03:00 GMTZinc consumers react to shorter LME wait timesDespite dwindling queues, U.S.-based zinc consumers in the United States are not rushing to buy material from London Metal Exchange zinc warehouses, sources told AMM., 08 Jul 2014 20:53:00 GMTSapa adding muscle in India, VietnamGlobal aluminum solutions supplier Sapa Group is expanding its footprint in Asia with major capital investments in India and Vietnam., 08 Jul 2014 20:23:00 GMTMercator Minerals’ copper, moly output rises in 2d qtr.Mercator Minerals Ltd.’s copper and molybdenum production at its Mineral Park Mine in Arizona has improved markedly since the start of the year due to "significantly higher operating rates," the company said July 8., 08 Jul 2014 20:04:00 GMTDLA sells ferrochrome for $5.61MDLA Strategic Materials sold ferrochrome to Hickman, Williams & Co., Russian Ferroalloys Inc. (RFA) and Veritas Alloys & Metals LLC for a combined $5.61 million in June., 08 Jul 2014 18:09:00 GMTMetals sector could see M&A ramp up: KeyBancThe next year could see increased merger-and-acquisition activity in the metals sector as markets improve, according to one analyst., 07 Jul 2014 22:46:00 GMTAntofagasta cedes control of Twin Metals projectAntofagasta Plc has terminated its option to purchase an additional 25-percent interest in the Twin Metals mining project in Minnesota, giving joint owner Duluth Metals Ltd. control of the nickel, copper and platinum group metals project., 07 Jul 2014 19:20:00 GMTGAA shifting silicomanganese outputGeorgian American Alloys Inc. (GAA) will switch production at its Georgian Manganese LLC subsidiary to ferromanganese from silicomanganese due to the restart of subsidiary Felman Production LLC., 07 Jul 2014 19:03:00 GMTAluminicaste is denied Nafta preferenceAluminum alloy billet shipped into the United States from Aluminicaste Fundición de México S. de RL de CV does not qualify for preferential treatment under the North American Free Trade Agreement (Nafta), according to a ruling by the U.S. Customs and Border Protection., 03 Jul 2014 20:41:00 GMTUS refined zinc output down in March: USGSU.S. refined zinc production totaled 18,000 tonnes in March, down 4.8 percent from 18,900 tonnes in the same month last year but flat vs. February, according to U.S. Geological Survey (USGS) data., 03 Jul 2014 20:09:00 GMTOrmet OK'd to sell mineral rights to Triad HunterOrmet Corp. has reached an agreement to sell mineral rights at its aluminum smelting facility in Hannibal, Ohio, to Triad Hunter LLC for $22 million., 03 Jul 2014 18:34:00 GMTNickel North taps new chief execNickel North Exploration Corp. has named Andrew Lee Smith as its interim president and chief executive officer effective June 26., 03 Jul 2014 17:46:00 GMTAluminicaste’s 850,000T stockpile a concernU.S. aluminum extruders are growing concerned over a massive stockpile of aluminum extrusions being stored at a casting facility in Mexico., 02 Jul 2014 21:03:00 GMTFelman restart will not cut tags: tradersFelman Production LLC’s return to silicomanganese production will prompt a reduction in imports and intertrade purchases, but not necessarily a drop in spot prices, according to market participants., 02 Jul 2014 19:32:00 GMTAMG joins Leap engine supplier ranksAMG Advanced Metallurgical Group NV has been selected by Snecma SA to supply titanium aluminides for CFM International Inc.’s Leap (Leading Edge Aviation Propulsion) commercial aircraft engine., 02 Jul 2014 15:33:00 GMTNLRB seeks injunction against NovelisThe National Labor Relations Board (NLRB) has filed a petition for a preliminary injunction to prevent Novelis Corp. from allegedly denying “employees the right to choose whether they wish to be represented by a union for purposes of collective bargaining” at its Oswego, N.Y., aluminum sheet plant., 01 Jul 2014 22:56:00 GMTTitanium surcharge jumpsA 16.6-percent jump in a key titanium surcharge is reinforcing hopes of a significant spot price improvement in the second half of the year., 01 Jul 2014 21:24:00 GMTFelman looks to restart output at end of JulyFelman Production LLC will resume silicomanganese production by the end of July after reaching an electricity supply agreement with Appalachian Power Co. (APCo)., 01 Jul 2014 19:56:00 GMTAccident kills Novelis contractorAn accident in the recycling area at Novelis Inc.’s plant in Oswego, N.Y., has killed a contractor, Steven Cooper, 31, of Phoenix, N.Y., 01 Jul 2014 17:59:00 GMTGreen energy may boost copper usePower generation and automobiles account for about 7 percent of global copper demand, but a 20-percent shift in these markets to "green" alternatives could boost copper usage by up to 2.5 million tonnes by 2025, according to one industry analyst., 30 Jun 2014 22:45:00 GMTOrmet sale clouds future of Ohio millThe United Steelworkers union is concerned that an aluminum smelting facility in Hannibal, Ohio, formerly operated by Ormet Corp. will be permanently shuttered, effectively eliminating hundreds of jobs in the region., 30 Jun 2014 19:11:00 GMTHoliday noticeAMM’s offices will be closed Friday, July 4, in observance of Independence Day, and there will be no issue that day. The New York Mercantile Exchange also will be closed Friday. The London Metal Exchange will be open, and AMM will publish the LME’s July 4 prices in the July 8 issue., 30 Jun 2014 18:52:00 GMTAvanti wins environmental OK for Kitsault MineAvanti Mining Inc. has won environmental approval from the Canadian government for its Kitsault molybdenum project in British Columbia after enduring several permitting delays., 30 Jun 2014 18:40:00 GMTRNC raises $4.67M in financingRoyal Nickel Corp. (RNC) has secured Canadian $5 million ($4.67 million) in equity funding from the sale of 8.34 million common shares at C60 cents (56 cents) apiece., 28 Jun 2014 00:07:00 GMTZinc premium inches down as trading mutedThe premium on special-high-grade zinc narrowed as elevated London Metal Exchange zinc prices and muted market activity led to discounting, according to buyers and sellers., 27 Jun 2014 23:08:00 GMTOrmet assets auction winner namedNiagara Worldwide LLC has secured the right to purchase the assets of bankrupt Ormet Corp. for $25.25 million following a private auction., 27 Jun 2014 22:54:00 GMTAluminum outlook improves in MayNorth American aluminum shipments increased to a seasonally adjusted annual rate of 22.9 billion pounds in May, up nearly 5 percent from the previous month, according to data released June 25 by the Aluminum Association., 27 Jun 2014 21:54:00 GMTCopper, moly prices strengthen Mercator's cash flowMercator Minerals Ltd. said current copper and molybdenum prices have helped produce positive cash flow for its Mineral Park Mine in Arizona., 27 Jun 2014 21:50:00 GMTFerroalloy contract business still strongWhile ferroalloy spot trading activity has become scant, suppliers are pleased with contract offtake demand from the steel sector heading into the summer., 27 Jun 2014 19:40:00 GMTAsarco loses appeal vs. lawsuit dismissalA federal court’s dismissal of copper miner Asarco LLC’s lawsuit to shift some of the burden of a $1.5-million pollution settlement with the U.S. Environmental Protection Agency has been upheld by the U.S. Court of Appeals., 25 Jun 2014 22:45:00 GMTMixed views on extruder’s pricing shiftThermal aluminum extrusion manufacturer Wakefield-Vette Inc.’s shift to a bimonthly pricing model in an effort to cope with aluminum price volatility is drawing mixed reactions from industry players., 25 Jun 2014 21:22:00 GMTReunion seeks more funding for SiMn projectReunion Gold Corp. is seeking additional funding to carry out a feasibility study for its proposed silicomanganese project in the Caribbean., 25 Jun 2014 15:00:00 GMTMolybdenum output, usage set recordsMolybdenum production and consumption reached record levels in 2013, with North American output closing the gap on Chinese production, according to International Molybdenum Association figures., 24 Jun 2014 18:14:00 GMTAvanti starts construction on Kitsault projectAvanti Mining Inc. has started construction on its Kitsault molybdenum project after receiving an "occupant license to cut" from the British Columbia Ministry of Forests, Lands and Natural Resource Operations., 24 Jun 2014 17:46:00 GMTRefined copper mart swings to deficit in MarchThe global refined copper market swung to an 83,000-tonne deficit in March from a 2,000-tonne surplus the previous month, according to preliminary data from the International Copper Study Group (ICSG)., 23 Jun 2014 22:50:00 GMTHudBay reaches deal to buy AugustaAugusta Resource Corp. has agreed to be purchased by HudBay Minerals Inc. after the company sweetened its offer., 23 Jun 2014 20:12:00 GMT