Nonferrous

  • US zinc premiums up as LME pricing steps back Sep 20, 2014

    Premiums for special-high-grade zinc edged up as North American demand began to shake off the summer lull and end-market demand began to boost zinc consumption, market participants said.

  • USW seeks ‘fair’ contract for Sherwin workers Sep 19, 2014

    Employees of Sherwin Alumina Co. LLC are trying to reach a "fair and equitable" labor agreement in contract negotiations with the company, according to the United Steelworkers union.

  • Ferrosilicon prices narrow as market diverges Sep 19, 2014

    Ferrosilicon spot prices have begun to diverge, with some traders reportedly chasing sales in order to liquidate their positions while others are holding firm at around $1 per pound.

  • Aluminum contract talks heating up Sep 19, 2014

    Aluminum contract negotiations for 2015 have kicked off ahead of schedule, market participants told AMM, citing noticeable upticks in demand and growing concerns over long-term availability of the material.

  • Silicomanganese, FeV spot supplies seen tightening Sep 19, 2014

    Silicomanganese and ferrovanadium spot supplies are tightening, according to market participants. But while silicomanganese prices have ticked up, ferrovanadium remains flat.

  • Cliffs plays down Ring-of-Fire reports Sep 19, 2014

    Cliffs Natural Resources Inc. has downplayed speculation that the company is actively preparing a sale of its chromite project in northern Ontario’s Ring of Fire.

  • Thanopoulos exits GBC’s board Sep 19, 2014

    George Thanopoulos has resigned as a director of Global Brass & Copper Holdings Inc. (GBC), the company said in a filing with the U.S. Securities and Exchange Commission.

  • Aero backlogs spur titanium integration Sep 18, 2014

    Surging commercial aircraft backlogs are spurring the need for vertical integration in the aerospace supply chain, titanium industry executives said.

  • China slowdown weighs on copper outlook Sep 17, 2014

    A drop in copper demand from China will weigh on primary and secondary copper prices, but a brighter economic outlook in the U.S. will allay some fears, economists said during the Institute of Scrap Recycling Industries’ Commodities Roundtable in Chicago.

  • Land bill spurs Nevada Copper project Sep 17, 2014

    Nevada Copper Corp. expects its Pumpkin Hollow copper project to become fully permitted by early next year after the U.S. House of Representatives passed the Northern Nevada Land Conservation and Economic Development Act.

  • Midwest premiums hold firm but increases seen looming Sep 17, 2014

    Midwest aluminum premiums held steady this week, but market participants said that premiums could head higher in step with increased North American capacity constraints.

  • Water rules, freight concerns for copper Sep 17, 2014

    Regulations put in place to control lead in drinking water continue to pose challenges for copper scrap consumers, market participants said during the Institute of Scrap Recycling Industries’ Commodities Roundtable in Chicago.

  • Market bullish on aluminum growth Sep 17, 2014

    The aluminum market remains poised for continued growth through 2014 and into 2015, but concerns persist, according to attendees at the Institute of Scrap Recycling Industries Commodities Roundtable in Chicago.

  • Steel will stay No. 1 in autos: ArcelorMittal Sep 17, 2014

    ArcelorMittal SA expects steel to remain the material of choice for cars and light trucks, according to company executives.

  • RTI signs supply deal for Leap engine Sep 16, 2014

    A long-term agreement to supply titanium aluminide to Snecma SA could mean an ultimate market of more than $100 million for RTI International Metals Inc., which is now one of two major suppliers of the alloy for the French aircraft engine builder’s new engine.

  • Clarification: Importers plead guilty Sep 16, 2014

    Due to misinformation provided to AMM by U.S. Customs and Border Protection and a misreading of a plea agreement, an article in the Sept. 4 issue inaccurately stated that four executives of Puerto Rico-based Sultana Screens & Aluminum Sales Inc. and Aluwest Industries Inc. had pleaded guilty to smuggling charges in connection with a scheme to evade U.S. anti-dumping and countervailing duties.

  • Noranda appealing energy decision Sep 15, 2014

    Noranda Aluminum Holding Corp. is asking the Missouri Public Service Commission (PSC) to reconsider its order denying the company a reduced electricity rate at its New Madrid, Mo., smelter.

  • Mitsubishi Shindoh OKs extension in patent suit Sep 15, 2014

    Mitsubishi Shindoh Co. Ltd. counsel has agreed to a request by Conbraco Industries Inc. to extend the deadline for the latter to mull over potential settlement discussions in a patent dispute between the companies, Conbraco said in a court filing.

  • “Titanium cheaters” pose an ongoing threat Sep 15, 2014

    A lawsuit recently filed by United Technologies Corp. (UTC) shows that defense contractors are "still vulnerable" to an ongoing problem with "suspect" titanium that has persisted for 15 years, according to an aviation trade journal.

  • Sesa Sterlite appeals court ruling Sep 15, 2014

    Sesa Sterlite Ltd. is appealing a court decision ordering it to pay nearly $83 million to copper miner Asarco LLC.

  • Buenavista setting up trust to fund mine cleanup Sep 12, 2014

    Buenavista del Cobre SA de CV, a subsidiary of Southern Copper Corp., will establish a trust of 2 billion pesos ($151 million) to pay for cleanup costs related to the tailings spill from its Buenavista Mine project in Mexico.

  • Copper premiums slump in slow mart Sep 12, 2014

    Premiums for physically delivered spot copper fell to a 17-month low this past week amid anticipation of slowing economic activity in the third quarter, according to market sources.

  • Brass mill imports fall, exports rise in July Sep 12, 2014

    U.S. brass mill product imports and exports posted mixed moves in July compared with the same month a year earlier, according to data from the Copper and Brass Fabricators Council.

  • Copper mill product prices climb on construction Sep 11, 2014

    U.S. copper and brass mill product prices have been driven higher by improved demand from the nonresidential construction sector, according to Fitch Ratings Inc.

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