Reuters reported that Aluminium smelters in China have agreed on higher ratios of metal prices next year to value purchases of the raw material alumina spurred by worries of tighter supply at home. Traders and sources at smelters said ...
Tags: aluminium smelters, metal, Metal Exchange, alumina
A new 10 year electric power supply contract signed on December 7th 2012 ends years of job uncertainty for 625 Alcoa Intalco Works employees. More than 100 workers gathered at the aluminum smelter's Totem Terrace assembly hall west of ...
Tags: electric power supply, electric power, BPA, aluminum smelter
OJSC MMC Norilsk Nickel has signed a Protocol of Cooperation with OJSC Russian Agency for Insurance of Export Credit and Investment (Protocol). The Protocol, signed by general director chairman of the management board of the company Mr ...
Tags: Norilsk Nickel Ink, OJSC Russian Agency, Ink Agreement, Printing
Ahead of the first tranche of 9.59% disinvestment of government ownership of 99.59% of Hindustan Copper Limited, India’s only vertically integrated producer of the red metal, the company’s share traded in small lots at up to INR ...
Tags: India, red metal, copper, metal industry, copper price
Reuters reported that Japanese buyers have agreed an aluminium premium of USD 240 per tonne with Rio Tinto Alcan for some January to March shipments down from a record USD 254 to USD 255 PREM ALUM JP in the previous quarter. Sources ...
Tags: aluminium, Japanese buyer, aluminium price, aluminium market
According to the World Bureau of Metal Statistics' most recent report, the market surplus for primary aluminum between January and September 2012 was 488,000 tonnes which follows a surplus of 1,871,000 tonnes recorded for the whole of 2011. ...
Tags: World Bureau of Metal Statistics, primary aluminum, most recent report
New Zealand Aluminium Smelters has confirmed it has completed its plan to reduce the size of its organization by 100 roles but it is still losing money and further cuts are expected. A spokesman for Pacific Aluminium said that the Rio ...
Tags: aluminium extrudé, aluminium extrusion, job new zealand
Korea Zinc has raised premiums for 2013 term shipments by around a third in Asia as smelter cut backs in China and warehousing deals curbed supply of the metal. Sources said that Korea Zinc will charge USD 120 for 2013 term shipments to ...
Tags: Korea Zinc, smelter cut, metal, premiums
Reuters reported that shipments of refined tin from Indonesia fell 28% in November from the previous month to 7,945.68 tonnes. A trade ministry official said that operations at smelters have resumed after a halt in August, when firms in ...
Tags: refined tin, smelters operation, tin producing, tin
According to Antaike Information, with global copper supply set to increase next year Chinese smelters are likely to hold out for higher treatment and refining charges in the face of a low initial offer from BHP Billiton.
Tags: copper supply, copper market, copper industry, Chinese smelter
Reuters reported that China's production of refined copper rose in November to a record high for the second straight month as more domestic manufacturers turned to local smelters for supplies that traders said were cheaper than imports. ...
Tags: refined copper, local smelters, smelters, copper industry
Reuters reported that London copper was steady and was set to close the week little changed as traders focused on the progress in US talks to avert a looming fiscal crisis while also waiting for a crucial jobs report from the world's ...
Tags: copper, China's industrial production figures, copper contract
Sierra Iron Ore Corp announced that it will submit two representative samples each comprising of 30 kilos of ore from a new prospective zone. The samples will be comprised of 10 kilo samples that will be collected from 3 holes with a ...
Tags: iron ore price news, steel testing, blood testing lab, iron
Reuters reported that China's large copper smelters are offering 2013 exports of refined cathode at cheaper premiums ranging from about 12% to 21% less as they compete with major suppliers such as top world producer Codelco boosting supply ...
Tags: copper smelters, copper cathodes, premiums
Canadian Business reported that a hit to electricity contracts with aluminum smelters reduced Hydro Quebec's profits in the Q3. Excluding a charge related to the planned closure of the Gentilly-2 nuclear reactor the public utility's ...