Metals Newswire (Page 5)

Metals Newswire (Page 5)

Comprehensive Real-Time News Feed for Metals. (Page 5)

Results 81 - 100 of 18,420 in Metals

  1. Cliffs Natural Resources swings to US$60.2M Q2 profitRead the original story

    Wednesday Jul 29 | SNL Financial

    Consolidated revenue for the second quarter decreased by 33% from last year's returns to US$498.1 million, while the cost of goods sold decreased 22% to US$440.8 million. in the United States, we expect to see improved industry operating conditions and profitability in the second half of this year."

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  2. Century Aluminum permanently closes West Virginia smelterRead the original story w/Photo

    Tuesday Jul 28 | Recycling Today

    Chicago-based primary aluminum producer Century Aluminum Company has announced that it intends to permanently close its Ravenswood, West Virginia, aluminum smelter, effective immediately. The Ravenswood smelter has been idled since February 2009.

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  3. United Taconite to be IdledRead the original story w/Photo

    Wednesday Jul 29 | WDIO

    CEO of Cliffs Natural Resources announced Wednesday that the company is going to idle United Taconite, which includes the mine in Eveleth and the plant in Forbes. Lourenco Goncalves cited pellet inventory as the reason for the shutdown.

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  4. Cliffs Natural Resources (CLF) Stock Jumps After Beating EarningsRead the original story w/Photo

    Wednesday Jul 29 | TheStreet.com

    In the same period the previous year, the company posted a loss of 2 cents per share on revenue of $748 million. For the quarter ended June 30, analysts had expected the company to report a loss of 11 cents per share on revenue of $572.34 million.

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  5. Commodities Today: The Commodity And MLP Names Offering OpportunityRead the original story w/Photo

    Wednesday Jul 29 | Seeking Alpha

    Copper and gold are showing strength today, with copper back above $2.40/pound and gold trying to take out the $1,100/ounce level. Commodities are marginally lower today, but after yesterday's trading this is not out of the ordinary.

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  6. Keystone NAP Appoints John Cordisco Director of Site OperationsRead the original story w/Photo

    Wednesday Jul 29 | PRWeb

    "We are very happy to have John on board as we prepare for our official launch," said Peter Ritz, Founder & CEO of Keystone NAP. "His experience in extremely demanding industries complements our advanced data center vision and will benefit our customers."

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  7. Billionaire Ambani Said to Weigh Sale of U.S. Shale HoldingsRead the original story

    Wednesday Jul 29 | The Washington Post

    The Mumbai-based company may sell the holdings as part of a strategic review of its assets, as it believes their worth isn't fully reflected in its market value, one of the people said, asking not to be named as the details are private. It has invested more than $8 billion in its unconventional gas joint ventures through the end of March, according to its annual earnings report.

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  8. Cliffs Natural Resources Inc. Reports Second-Quarter 2015 ResultsRead the original story

    Wednesday Jul 29 | Sys-Con Media

    Second-quarter 2015 consolidated revenues of , Cliffs' Chairman, President and Chief Executive Officer, said, "Over the past twelve months we have taken actions to protect the long-term viability of Cliffs. These include the elimination of a revolver with restrictive covenants, the removal of loss-making Eastern Canadian Iron Ore, the divestiture of several non-core assets, the significant reduction of SG&A and capital expenditures, and the optimization of costs in U.S. Iron Ore and Asia Pacific Iron Ore."

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  9. Noranda - 2nd Quarter Recap And Aluminum Price DevelopmentsRead the original story w/Photo

    Wednesday Jul 29 | Seeking Alpha

    Noranda Aluminum reported results on July 22nd that were better than expected in terms of liquidity due to a combination of factors including improved financial results from non-smelter activities, financing derived from lease of equipment, deferral of costs/CAPEX associated with bringing the primary aluminum smelter back up to capacity and solid working capital management. Following the reporting of results, the CEO purchased approximately 200,000 shares .

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  10. Iron Ore Seen at $35 by Clarksons as Port Stockpiles ReboundRead the original story

    Tuesday Jul 28 | The Washington Post

    Holdings will probably extend a rebound from a 19-month low as supply rises, according to Clarksons Platou Securities Inc., the world's largest shipbroker, which says prices may slump to $35 a metric ton in the second half. Inventories, at 82.5 million tons last week, may climb to 95 million tons by September, said Australia & New Zealand Banking Group Ltd. "With our view that Chinese steel production will end the year down year-on-year, it has to go somewhere and port stocks are the logical place," Jeremy Sussman, a New York-based analyst at Clarksons, said by e-mail.

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  11. CMC plans new EAF mill in OklahomaRead the original story

    Tuesday Jul 28 | Recycling Today

    Commercial Metals Company , Irving, Texas, has announced it has selected Durant, Oklahoma, as the location for construction of its second "micro mill" small-volume electric arc furnace steel mill. The new plant in Oklahoma will mirror its existing micro mill in Mesa, Arizona, says the company, but will also include "improved technology developed from CMC's operating experience with the world's first micro mill," says CMC.

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  12. Dynamic Materials' (BOOM) CEO Kevin Longe on Q2 2015 Results - Earnings Call TranscriptRead the original story w/Photo

    Tuesday Jul 28 | Seeking Alpha

    Greetings, and welcome to the Dynamic Materials Corporation 2015 Second Quarter Conference Call. At this time, all participants are in a listen only mode.

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  13. Changes were too much for Century to overcomeRead the original story w/Photo

    Tuesday Jul 28 | Big News Network.com

    Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states.

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  14. UPDATE 1-Century Aluminum to shut down Ravenswood smelter immediatelyRead the original story

    Tuesday Jul 28 | Reuters

    Century Aluminum said it will shut its Ravenswood smelter in West Virginia immediately as it had failed to secure competitive power supply amid tough market conditions. Aluminium producers are seeing their profits dwindle due to sinking prices of the metal, which are currently near six-year lows.

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  15. Dynamic Materials posts $1.3M quarterly lossRead the original story w/Photo

    Tuesday Jul 28 | The Boulder County Business Report

    The $1.3 million loss brings the company's six-month losses to $3.7 million. For the same periods a year ago, Dynamic Materials posted a profit of $2.3 million for the quarter and $3.8 million for the first six months.

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  16. Is Something Really Bad Going To Happen Soon? - Part IIRead the original story w/Photo

    Tuesday Jul 28 | Seeking Alpha

    At the beginning of July, there were five very troubling factors that pointed out at a possible change in the markets' direction. Part I named China, bonds, equities, oil, and copper as the "Fab 5." Part II adds earningsrReports, gold, Asia, Greece, and U.S. data to make it a "Perfect 10." Part I of the "Is Something Really Bad Going To Happen Soon?" series named five factors that investors should take into consideration.

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  17. Ecopetrol announces important hydrocarbon discovery in Colombian Caribbean ultra-deepwaterRead the original story

    Tuesday Jul 28 | Sys-Con Media

    Ecopetrol and Anadarko's integrated technical teams are continuing to evaluate the Kronos discovery results. Nowadays the drilling operation continues, aiming to reach a deeper target to determine possible additional results.

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  18. Peabody flags Australian coal mine cuts as shares lose 93% in a yearRead the original story w/Photo

    Tuesday Jul 28 | The Age

    Peabody Energy, the largest US coal producer, reduced its forecast for coal sales, suspended its quarterly dividend and raised the prospect of a 1-for-20 reverse stock split amid a sustained slump in coal prices. Peabody will cut the production of metallurgical coal in Australia by 3 million tons a year and is lowering forecasted sales from its trading and brokerage division by 9 million tons, the St. Louis-based company said in a statement Tuesday.

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  19. Tuesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas E&P StocksRead the original story w/Photo

    Tuesday Jul 28 | Forbes.com

    In trading on Tuesday, non-precious metals & non-metallic mining shares were relative leaders, up on the day by about 4.8%. Leading the group were shares of Cliffs Natural Resources , up about 24.6%.

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  20. Century retiree promises to fight 'until I draw my last breath'Read the original story w/Photo

    Tuesday Jul 28 | West Virginia Metro

    A spokesperson for the Century Aluminum retirees says if and when the assets of the Ravenswood plant are sold the retirees should be first in line to collect. "I think that our state leadership needs to find a way to protect the retirees interests," Karen Gorrell said Tuesday on MetroNews 'Talkline'.

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