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  • Arconic net income surges in Q1

    4/26/17
    US aluminum products manufacturer Arconic reported US$322mn in attributable net income in the first quarter compared with US$16mn in 1Q16. Excluding special items, Q1 adjusted income was US$169mn. Arconic, spun off from Alcoa...

  • METALS: The week in 10 stories

    4/21/17
    The week saw positive news for Brazilian steelmaker Usiminas, which reported a profitable Q1 after 10 consecutive quarterly losses. The 108mn-real (US$34.4mn) net profit came despite lower crude steel production, down 7.18% to 737,0...

  • Brazil aluminum output up in Q1

    4/13/17
    Brazil's primary aluminum output in January-March was 197,500t, up 3.1% year-on-year, according to data from industry association Abal. Primary aluminum output in March rose 4.3% compared to the same month last year to 68,200t, the ...

  • Guatemala metals exports slip

    4/10/17
    Guatemala's lead and precious metals exports fell in February. The country's lead exports were US$24.3mn, down from US$31.9mn in the same month last year, according to central bank data. Precious and semi-precious metals and...

  • Brazil aluminum output up in Jan-Feb

    3/20/17
    Brazil's primary aluminum output in January-February was 129,300t, up 2.5% year-on-year, according to data from industry association Abal. Primary aluminum output in February rose 0.5% compared to the same month last year to 61,500t...

  • Copper climbs following Fed hike

    3/16/17
    The price of copper kept up its positive momentum and rose again on Thursday in London, on the back of a weaker dollar the day after the Federal Reserve raised interest rates Spot prices ended the day 1.04% higher at US$5,911/t (US$...

  • Copper climbs ahead of Fed hike

    3/15/17
    Spot prices ended the day 1.79% higher at US$5,850/t (US$2.654/lb) on the London Metal Exchange, up from Tuesday's US$5,747/t, according to Chile's state copper commission Cochilco. Disruptions at Chile's Escondida, Peru's Cerro...

  • Copper falls ahead of Fed meeting

    3/14/17
    The price of copper fell on Tuesday in London as the Federal Open Market Committee began its two-day meeting, which analysts expect to result in an interest rate hike. Spot prices ended the day 0.81% lower at US$5,747/t (US$2.607/lb...