September 2009
(AMM) Ormet will not increase output in '09
The top executive at Ormet Corp. is seeing "encouraging signs" of recovery in the global economy, but that doesn't mean a production ramp-up is in the cards for the aluminum producer in 2009.
(AMM) US copper scrap prices up on back of Comex gains
Strengthened by a weaker U.S. dollar, copper futures clambered higher over the course of the past week, pulling all grades of brass and bronze ingot makers' scrap along in lockstep.
IMOA points to North American success as it seeks to expand
The International Molybdenum Assn (IMOA) has produced a new strategy document that sets out its ambitious plans to expand its operations over the next five years.
Ferro-alloys stagnate in absence of consumers
European ferro-alloy markets have become stagnant in the absence of consumer demand, with almost no business reported to MB in either ferro-molybdenum or ferro-vanadium.
Indium prices eye $500 as rally continues
Indium prices rose again on Wednesday, with market participants telling MB that crude material is trading higher in China than European metal prices
Wogen will make $1.2m from sale of Beaver Brook mine
Wogen will make $1.2 million from the sale of its minority stake in the Beaver Brook antimony mine in Canada to Hunan Non-Ferrous at the end of last week
Mg in Europe rises as Chinese material is offered higher
Free-market magnesium in Europe edged higher on September 4 with Chinese material being sold higher than that of Russian origin.
Base metals up slightly in quiet LME trading
Base metals edged higher in early trading on the London Metal Exchange on Monday amid thin volumes, as for one day business moved to the LME’s disaster recovery site in Chelmsford, Essex
Shanghai copper edges up 0.5%
Shanghai copper futures inched up 0.5% on Monday as the LME price rose as much as $349 per tonne.