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U.S. service centers saw both aluminum shipments and inventories decline in April from the same month a year ago, while Canadian distributors watched both rise in the same comparison, Metals Service Center Institute (MSCI) data show.
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Pension Benefit Guaranty Corp. (PBGC) has objected to the sale of bankrupt aluminum producer Ormet Corp. to an entity owned by private investment firm Wayzata (Minn.) Investment Partners LLC.
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Aluminum prices on the London Metal Exchange might not improve for a year or more, but that won’t change Novelis Inc.’s plans for growth, president and chief executive officer Philip Martens said.
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Novelis Inc. has announced a host of senior executive changes in what the company says are moves to better position it for global growth.
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A working group of tungsten refining companies has set up a framework to help people meet their legal obligations regarding conflict minerals, under section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
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Tungsten Corp. has appointed legal professional and securities expert Joseph P. Galda to its board of directors.
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Aurubis AG saw a loosening in copper concentrate supply during its fiscal first half ended March 31 as mine supply picked up, leading to a 10-percent increase in realized treatment and refining charges (TCs/RCs) during the period.
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Revere Copper Products Inc. will increase its fabrication prices by 6 percent on all copper and copper alloy products effective with new orders July 1.
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A tunnel collapse at PT Freeport Indonesia’s Grasberg copper-gold mining operations has killed two workers and left 31 trapped.
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Novelis Inc. continues to move forward with expansions to its rolling, heat-treatment and recycling capabilities worldwide despite headwinds in Asia and a competitive can market in North America, company executives said.
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Novelis Inc. sees additional automotive aluminum sheet finishing capacity as necessary in the United States despite announced expansions from competitors, president and chief executive officer Philip Martens said.
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DLA Strategic Materials is again offering 2,000 short tons of 76.76-percent high-carbon ferromanganese from the domestic market and 1,145 tons of 76.45-percent material from Japan.
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Novelis Inc.’s profits surged despite lower average aluminum prices, lower shipments and disruptions at its North American operations.
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United Co. Rusal has called for industrywide production cuts to check a supply glut.
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Aleris International Inc.’s fire-damaged plant in Richmond, Va., has resumed full operations.
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An unknown number of workers at PT Freeport Indonesia’s Grasberg copper-gold mine have been trapped after a tunnel in the underground training area collapsed, the company said May 14.
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BHP Billiton Plc will cut capital and exploration expenditures in fiscal 2014 and expects more substantial cuts thereafter, chief executive officer Andrew Mackenzie said May 14.
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Midwest spot aluminum premiums have remained largely unchanged over the past week despite continued and considerable disagreement over the direction of the market.
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Indian steelmaker Tata Steel Ltd. will report a $1.6-billion noncash write-down of its assets for its fiscal year ended March 31.
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Globe Specialty Metals Inc. has appointed Joseph Ragan as its new chief financial officer effective May 20.
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Constellium Holdco BV expects to net approximately $180 million from an initial public offering, according to documents filed May 13 with the U.S. Securities and Exchange Commission (SEC).
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The European Commission has approved a 50-50 joint venture between Norsk Hydro ASA and Orkla ASA, the companies announced May 13.
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Tool maker Kennametal Inc. said it has signed a definitive agreement to acquire the operating assets of Bolivian tungsten ore processor and exporter Comercializadora Emura SRL.
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Baja Mining Corp.’s Minera y Metalúrgica del Boleo (MMB) copper-cobalt-manganese-zinc mining unit has received $65 million in construction funds from Korea Resources Corp., Baja said May 13.