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Century Aluminum Co. returned to profitability in the first quarter but warned that market volatility has increased.
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Citigroup Inc. has hired Rick McIntire as global head of base metals sales and Dylan Morgan as co-head of base metals trading in London, the company said April 25.
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Eurasian Natural Resources Corp. Plc (ENRC) has confirmed that Britain’s Serious Fraud Office has opened a formal investigation into the company.
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A fire at Aleris International Inc.’s Richmond, Va., facility has halted production, and it isn’t immediately clear when full operations might resume, a company spokesman told AMM April 25.
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Copper wire producer Encore Wire Corp. will slowly ramp up aluminum wire production at its new plant in McKinney, Texas, this year.
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Lead-acid battery maker Exide Technologies Inc. has been ordered to suspend operations at its Vernon, Calif., recycling facility following a company report that showed hazardous waste has degraded the facility’s underground pipes, releasing toxic metal-bearing water into the soil.
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Aleris International Inc. has officially opened its new, $350-million hot rolling mill in Zhenjiang, China, which the company described as the largest capital project in its history.
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Former Mitsubishi International Corp. and Goldman Sachs Group Inc. aluminum trader Scott Evans is set to join trading firm Noble Group Ltd., market sources told AMM sister publication Metal Bulletin.
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Chinese copper imports are set to drop sharply as the country rebalances its economy after a booming period of growth, an analyst at Commodities Risk Management Associates (CRM) said.
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Melting-grade nickel premiums are steady in a range of 15 to 25 cents per pound, with one producer reporting that low official nickel pricing has enticed some smaller consumers to the spot market.
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Copper financing deals are starting to increase despite the relatively poor returns compared with aluminum, a senior analyst at INTL FCStone Inc. said.
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Primary and fabricated metals shipments and new orders all improved strongly in March compared with the previous month, while inventories were mixed.
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Kaiser Aluminum Corp. plans to bring forward its planned capacity expansion and maintenance outages in the wake of weaker-than-expected demand from some sectors and an inventory overhang in the aerospace market.
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China’s property market is increasingly looking like a bubble about to burst, with potentially negative consequences for metals, according to INTL FCStone Inc. senior analyst Edward Meir.
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Copper demand won’t be strong enough to take the additional supply coming to the market, INTL FCStone Inc. senior analyst Edward Meir told delegates at the American Copper Council meeting in Washington April 25.
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Mining and metals company Nyrstar NV has reported an 8-percent quarter-on-quarter fall in zinc-in-concentrate production for first-quarter 2013.
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A campaign to replace U.S. dollar bills with coins made predominantly out of copper will be stepped up with the introduction of a bill in Congress next month, one of its supporters says.
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The mining industry is a "perfect renaissance" to get the U.S. economy back on track, Rep. Paul Gosar (R., Ariz.) said at the American Copper Council meeting in Washington.
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United Co. Rusal will upgrade its alumina refineries in Jamaica so that steam production will run on natural gas power instead of fuel oil in a drive to cut costs in an oversupplied market, the Russian company said April 25.
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Encore Wire Corp.’s net income dropped in the first quarter due to lower copper selling prices.
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Noranda Aluminum Holding Corp. remains largely optimistic on aluminum, with firm demand for value-added aluminum products and high premiums helping offset declining aluminum prices on the London Metal Exchange during the first quarter, executives said in an April 24 conference call.
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Global Brass & Copper Holdings Inc. (GBC) might pursue acquisition opportunities as it makes a second attempt at an initial public offering (IPO), according to a regulatory filing by the company.
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Steel Authority of India Ltd. (Sail) has signed a memorandum of understanding for the “phased” formation of a titanium joint-venture plant with agencies representing the Indian state of Kerala.
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Soft global demand combined with restructuring and operations-related costs dragged down Johnson Controls Inc.’s (JCI’s) fiscal second-quarter earnings.