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A labor agreement recently approved by workers at Alcan Inc.’s Alma smelter in Quebec could provide fresh impetus for a future expansion of the smelter.
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Beijing has announced it will halve the import tax on ferrochrome to 1 percent effective Jan. 1 as the government attempts to encourage imports of the alloying material.
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Novelis Inc. has named board member Edward A. Blechschmidt as its acting chief executive officer.
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The planned shutdown of Alcoa Inc.’s Sandow power plant Dec. 31 is not expected to affect production at the company’s Rockdale, Texas, aluminum smelter.
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Contract negotiations between Xstrata Plc and union leaders representing workers at the group’s nickel mining and processing operations in Sudbury, Ontario, were set to resume quickly following a short New Years holiday break.
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Despite a slow start in 2006, U.S. titanium shipments are now in line to match their all-time record on the strength of a third quarter that was 37 percent ahead of the year-earlier period.
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Copper producer Asarco LLC said Friday that it had reached a tentative agreement with the United Steelworkers union leaders for a new contract covering hourly workers at its southwestern U.S. facilities.
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China is dropping import duties on copper scrap and anode, effective Jan. 1, as part of a series of tax changes aimed at encouraging certain imports of raw materials to feed rising domestic demand.
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Demand for copper cathode remains virtually non-existent, with the bearish tone expected to extend into 2007 as the slump in the U.S. housing sector looks unlikely to reverse anytime soon, traders said.
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Despite a slow start in 2006, U.S. titanium shipments are now in line to match their all-time record on the strength of a third quarter that was 37 percent ahead of the year-earlier period.
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Demand for copper cathode remains virtually non-existent, with the bearish tone expected to extend into 2007 as the slump in the U.S. housing sector looks unlikely to reverse anytime soon, traders said.
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The New York Mercantile Exchange said Friday that its trading floors, including its Comex metals division, will be closed Tuesday as the U.S. observes a national “day of mourning” to mark the funeral of former President Gerald R. Ford.
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The planned shutdown of Alcoa Inc.’s Sandow power plant Dec. 31 is not expected to affect production at the company’s Rockdale, Texas, aluminum smelter.
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Labor negotiations between Xstrata Plc and union leaders representing workers at the group’s nickel mining and processing operations in Sudbury, Ontario, are set to resume next week.
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The U.S. Environmental Protection Agency has given its stamp of approval to the air quality in the Miami, Ariz., area, which is home to a large Phelps Dodge Corp. mining and smelting operation.
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Unionized workers at Alcoa Inc.’s Cleveland Works narrowly approved a new four-year labor agreement Wednesday and will return to work Jan. 2, ending a nearly eight-week strike.
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China will cut its import duty on unwrought nickel to 1 percent beginning Jan. 1 in order to encourage more imports into China.
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London Metal Exchange warehouses received $5.2 million worth of aluminum alloy during the Christmas holiday, boosting LME holdings 1.7 percent to a record 136,020 tonnes.
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Commodities brokerage Refco Inc. has emerged from Chapter 11 bankruptcy protection and is expected to start paying creditors by the end of the year.
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Tin prices hovered around modern highs amid supply concerns as most other metals showed little movement in light Christmas-week trading on the London Metal Exchange.
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Union leaders representing workers at copper producer Asarco LLC have agreed with the company to extend the current labor contract due to expire Dec 31 as both parties look set to secure a new agreement.
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Almost three years after its spin-off from Corus Group Plc, Canadian metals distributor Encore Group plans to give up its independence and be acquired by Reliance Steel & Aluminum Co.
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Two workers employed by an AK Steel Corp. contractor are suspected of stealing 1,000 pounds of cobalt-nickel alloy ingots valued at about $5,000 from the steelmaker’s Middletown, Ohio, plant.