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Spot ferroalloy trading continues to be scant as long-term contracts cover the majority of business, with one trader claiming that the market has entered an early summer slowdown.
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High-carbon ferromanganese prices have dropped again, although one trader says an inability to move contracted material due to Mississippi River flooding could push spot prices back up.
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Tredegar Corp.’s earnings jumped in the first quarter of 2013 compared with the year-ago period thanks in part to a solid performance from its Bonnell Aluminum Inc. subsidiary.
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Powmet Inc. executive vice president Tom A. Millensifer has retired after a 57-year career in the molybdenum and rhenium industries.
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The majority of Xstrata Plc’s acquisitions were successful, but there are a few that its outgoing chief executive officer wishes it had not got involved with.
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Royal Nickel Corp. has said that widespread bearishness on nickel pricing has failed to deter “the investors that matter,” with the company still in discussions with Japanese mining houses for the development of its Dumont project in Quebec.
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Given the tight stipulations set out by Chinese and Western regulators, the merger of Glencore International Plc and Xstrata Plc is unlikely to result in an amorphous ravenous beast, as often described in the mainstream media, swallowing up companies and assets at will. So what next for newly merged GlencoreXstrata?
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Prices for scrap aluminum wheels have fallen slightly since last month as demand from producers of 356.1 alloy has weakened, according to market sources.
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Rio Tinto Alcan has begun the process of restarting the anode plant at its Alma facility in Quebec following a fatal accident April 30.
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Novelis Inc.’s new high-recycled-content aluminum sheet product for the beverage can market is commercially available in North America and Europe, and will be accessible worldwide later in 2013, the company said May 2.
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Nickel North Exploration Corp. has completed its acquisition of the Hawk Ridge nickel-copper project in northern Quebec from Anthem Resources Inc.
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Tungsten Corp. has begun field exploration activities at its newly acquired Cherry Creek project in Nevada.
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Alcoa Inc. plans to invest $275 million over the next three years to boost aluminum sheet capacity at its rolling mill in Alcoa, Tenn., to meet increasing demand from the auto sector.
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Zhejiang Zhoushan Bulk Commodity Exchange is seeking to launch a spot iron ore trading platform by year-end.
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Low copper prices could impact General Cable Corp. as far out as the third quarter of 2013, company executives said.
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The U.S. Commerce Department’s International Trade Administration (ITA) has given notice for interested parties to participate in various administrative reviews.
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Olin Brass Inc., a subsidiary of Global Brass & Copper Holdings Inc. (GBC), says it will increase the fabrication price on all copper and copper finished products by 6 percent with all new orders received for shipment on or after July 1.
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Alcoa Inc. is considering cutting as much as 460,000 tonnes of smelter capacity over the next 15 months as aluminum prices remain stubbornly low.
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Some junior mining companies have had to enter "survival mode" due to a lack of interest from potential financiers, First Nickel Inc. (FNI) president and chief executive officer Thomas Boehlert said.
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General Cable Corp. swung to a first-quarter loss as lower spot prices for copper and aluminum as well as weakness in European and Latin American markets hurt results.
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RTI International Metals Inc. saw flat profits in the first quarter, but the company expects improvement as the commercial aerospace sector ramps up in the second half.
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Eighteen people have been indicted for their alleged involvement in a multimillion-dollar copper theft ring.
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Discussions on how to manage state-owned enterprises (SOEs) may come under increased scrutiny in future negotiations over what could be one of the largest trade agreements to date—the proposed Trans-Pacific Partnership (TPP).
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Workers at Globe Specialty Metals Inc.’s silicon metal facility in Becancour, Quebec, are continuing to negotiate with the company following the April 30 expiration of a five-year labor contract.