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News - Monday, February 8, 2010
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Free Content of the day
* Workers ask ministry to cut aluminum sales to Glencore, Noble by 50% - Venezuela
Workers at Venezuelan state aluminum companies have asked the basic industry and mining ministry (Mibam) to review and modify the aluminum sale contracts with Swiss company Glencore International and Noble Resources.
"We want Mibam to review these deals because we need to cut supply agreements with these companies in half," Henry Arias, the labor director at aluminum reducer Alcasa, told BNamericas.
According to Arias, the workers are making this request based on decree 3895, which establishes ... more
http://www.bnamericas.com/news/metals/Workers_ask_ministry_to_cut_aluminum_sales_to_Glencore,_Noble_by_50*/173303601
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In-deph interview
* Pedro GaldiAnalyst - SLW<p><em>Cement manufacturer Cimentos de Portugal (Cimpor) has been targeted by Brazilian steelmaker CSN, Brazilian conglomerate Votorantim and local construction firm Camargo Corrêa.</em> </p><p>... more
http://www.bnamericas.com/interviews/metals/Pedro_Galdi_,SLW,/173303601
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Free Past News
* Codelco first copper company registering products under EU's REACH regulation - 02-04-2010 - Chile
http://www.bnamericas.com/news/metals/Codelco_is_first_copper_company_registering_products_under_EU*s_REACH_regulation/173303601
* CSN most likely to acquire Cimpor - analyst - 02-03-2010 - Brazil
http://www.bnamericas.com/news/metals/CSN_most_likely_to_acquire_Cimpor_-_analyst/173303601
* Losing Colombian market crucial moment for iron, steel sector - 02-02-2010 - Venezuela
http://www.bnamericas.com/news/metals/Losing_Colombian_market_crucial_moment_for_iron,_steel_sector/173303601
* Aceros Arequipa reduces net loss to US$3.64mn in Q4 - 02-01-2010 - Peru
http://www.bnamericas.com/news/metals/Aceros_Arequipa_reduces_net_loss_to_US*3,64mn_in_Q4/173303601
* M&S investment group completes Paraná Metal purchase - 01-29-2010 - Argentina
http://www.bnamericas.com/news/metals/M*S_investment_group_completes_Parana_Metal_purchase/173303601
* Codelco expects antibacterial copper use to expand global demand by 300,000t/y - 01-28-2010 - Chile
http://www.bnamericas.com/news/metals/Codelco_expects_antibacterial_copper_use_to_expand_global_demand_by_300,000t_y/173303601
* Power crisis could force Sidor to import steel - 01-27-2010 - Venezuela
http://www.bnamericas.com/news/metals/Power_crisis_could_force_Sidor_to_import_steel/173303601
* Government to go it alone at remaining 50% of El Mutún - 01-26-2010 - Bolivia
http://www.bnamericas.com/news/metals/Government_to_go_it_alone_at_remaining_50*_of_El_Mutun1/173303601
* Cabelum's aluminum supply down 70% - 01-25-2010 - Venezuela
http://www.bnamericas.com/news/metals/Cabelum*s_aluminum_supply_down_70*/173303601
* Briquette workers expect news on nationalization progress before month-end - 01-22-2010 - Venezuela
http://www.bnamericas.com/news/metals/Briquette_workers_expect_news_on_nationalization_progress_before_month-end1/173303601
* ThyssenKrupp increases CSA investment to US$7.3bn - 01-21-2010 - Brazil
http://www.bnamericas.com/news/metals/ThyssenKrupp_increases_CSA_investment_to_US*7,3bn/173303601
* Lead, zinc markets in surplus in Jan-Nov, says ILZSG - 01-20-2010 - Regional
http://www.bnamericas.com/news/metals/Lead,_zinc_markets_in_surplus_in_Jan-Nov,_says_ILZSG/173303601
* Unpaid transportation debt putting Bauxilum operations at risk - 01-19-2010 - Venezuela
http://www.bnamericas.com/news/metals/Unpaid_transportation_debt_putting_Bauxilum_operations_at_risk/173303601
* Copper exports down 18% in 2009, up 159% in December - 01-18-2010 - Chile
http://www.bnamericas.com/news/metals/Copper_exports_down_18*_in_2009,_up_159*_in_December/173303601
* Govt earmarks US$150mn for new transformation line at Alcasa - 01-15-2010 - Venezuela
http://www.bnamericas.com/news/metals/Govt_earmarks_US*150mn_for_new_transformation_line_at_Alcasa/173303601
* No new production line 5 for Alcasa under new business plan - 01-14-2010 - Venezuela
http://www.bnamericas.com/news/metals/No_new_production_line_5_for_Alcasa_under_new_business_plan/173303601
* Cochilco revises up copper price forecast to US$3.10/lb in 2010 - 01-13-2010 - Chile
http://www.bnamericas.com/news/metals/Cochilco_revises_up_copper_price_forecast_to_US*3,10_lb_in_2010/173303601
* Alucasa output expected to drop 40% due to Alcasa line closure - 01-12-2010 - Venezuela
http://www.bnamericas.com/news/metals/Alucasa_output_expected_to_drop_40*_due_to_Alcasa_line_closure/173303601
* CSN chief executive in Portugal aiming to convince shareholders to sell Cimpor - 01-11-2010 - Brazil
http://www.bnamericas.com/news/metals/CSN_chief_executive_in_Portugal_aiming_to_convince_shareholders_to_sell_Cimpor/173303601
* Cimpor board unanimously rejects CSN's "aggressive" hostile takeover attempt - 01-08-2010 - Brazil
http://www.bnamericas.com/news/metals/Cimpor_board_unanimously_rejects_CSN*s_hostile_takeover_attempt/173303601
* SNMPE to consider expelling Doe Run over La Oroya - 01-07-2010 - Peru
http://www.bnamericas.com/news/metals/SNMPE_to_consider_expelling_Doe_Run_over_La_Oroya1/173303601
* Scrap iron association worried about being flooded with imports - 01-06-2010 - Brazil
http://www.bnamericas.com/news/metals/Scrap_iron_association_worried_about_being_flooded_with_imports/173303601
* Strike ends at Xstrata's Altonorte - 01-05-2010 - Chile
http://www.bnamericas.com/news/metals/Strike_ends_at_Xstrata*s_Altonorte/173303601
* Altonorte strike continues, company applies contingency plan - 01-04-2010 - Chile
http://www.bnamericas.com/news/metals/Altonorte_strike_continues,_company_applies_contingency_plan/173303601
* Copper price down 26% in 2009, but closes on a high - 12-31-2009 - Regional
http://www.bnamericas.com/news/metals/Copper_price_down_26*_in_2009,_but_closes_on_a_high/173303601
* Sidor shuts down furnaces in billet, plating areas - 12-30-2009 - Venezuela
http://www.bnamericas.com/news/metals/Sidor_shuts_down_furnaces_in_billet,_plating_areas/173303601
* Copper hits monthly high on news of Chuquicamata strike - 12-29-2009 - Chile, Regional
http://www.bnamericas.com/news/metals/Copper_hits_monthly_high_on_news_of_Chuquicamata_strike/173303601
* Altonorte union goes on strike - 12-28-2009 - Chile
http://www.bnamericas.com/news/metals/Altonorte_union_goes_on_strike/173303601
* Metals demand to depend more on recovery in developed world - Fitch - 12-23-2009 - Regional
http://www.bnamericas.com/news/metals/Metals_demand_to_depend_more_on_recovery_in_developed_world_-_Fitch/173303601
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