Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...
Tags: copper production, copper
Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year. The company registered 8.1 billion yuan ($1.2 billion) of profits in the first three quarters, up 174.6 ...
Tags: Iron, Steel, Steed Bar, Medium Plates, Cold-Rolled Sheets
Chinese spot alumina prices continued to rise Thursday as market sentiment remained strong, with the general expectation that levels will test higher after the Golden Week holidays. China will be closed October 1-7 for National Day ...
Tags: alumina prices, refiners
Austrian aluminium producer Amag rolling has selected Primetals Technologies to upgrade the drive technology on the four-high cold rolling stand at its facility in Ranshofen in a bid to increase availability. As part of the deal, ...
Tags: Ranshofen, AMAG, converters
Century Aluminum is proposing to continue operating its 224,000 mt/year Mt Holly smelter in South Carolina at 50% capacity even as the company on Monday began shutting down the first potline in a dispute with its longtime electricity ...
Tags: Century Aluminum, electricity
Alcoa has entered into a three-and-a-half-year agreement with New York state to increase the competitiveness of its Massena West smelter, previously been earmarked for shutdown, the US lightweight metals producer said Tuesday. Earlier ...
Tags: Alcoa, lightweight metals, aluminum
The spot alumina price in China's Henan was rangebound Wednesday at Yuan 2,860/mt ($465/mt) for 70:30 cash and credit payment terms, unchanged from September 30, as the market returned from an extended break from October 1-7 to celebrate ...
Tags: Spot alumina, Mineral
Despite technical difficulties with the company’s livestream of the event, Apple kept its promise, unveiling its latest line up of technology: the iPhone 6, iPhone 6 Plus and an eye-catching new smart watch. As the company ...
Tags: Apple, iPhone 6, iPhone 6 Plus
The Platts China spot alumina price ex-works Henan basis firmed another Yuan 20/mt ($3.24) Thursday to settle at Yuan 2,510/mt for 70:30 cash and credit payment terms, after rising Yuan 20/mt Wednesday from Yuan 2,470/mt Tuesday. Prices ...
Tags: Spot Alumina, Alumina, Metallurgy
Russian aluminum producer Rusal said Monday that it is bullish on the near term prospects for the aluminium market and believes that the price is undervalued. "A number of influential factors that have emerged in recent weeks cause the ...
Tags: Aluminum Market, raw materials
Spot treatment charges for imported zinc concentrates paid to Chinese smelters are in the range of $140-155/mt in June, up around 5% from $135-145/mt in May, Chinese zinc industry sources said Tuesday. The increase for the second month ...
Tags: Zinc Smelter, Zinc Industry
China produced around 584,000 mt of refined copper in April, down 1.6% month on month, an official from state-owned nonferrous metals information division Beijing Antaike said Wednesday, citing National Bureau of Statistics data. The ...
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
Indonesia's Newmont Nusa Tenggara was expected to reduce production at its Batu Hijau copper and gold mine around June 1, unless it is able to complete the process to secure an initial export permit from the government, the company said ...
Tags: Copper Output, PT Smelting