Analyst: Autlán to see sales, Ebitda skyrocket in 2008

Mexican manganese-ferroalloy producer Minera Autlán (BMV: AUTLANB) is expected to see sales grow nearly 73% and Ebitda by almost 200% this year, according to analyst Rodrigo Heredia with Mexican bank ...

• Argentina

   Aluar reports 9-month profits of US$111mn

  Argentine aluminum producer Aluar (Buenos Aires: ALUA) brought in profits of 352mn pesos (US$111mn) ...   more

• Chile, Regional

   Cu price stable as high stocks quash supply fears

  The copper price for the week ending May 9 increased slightly over the prior week as the market saw ...   more

• Mexico

   Bank: Steel prices up another 10% over last month

  Over the last month the average price of steel products, mainly wire rod and rebar, on the Mexican m...   more

• Chile

   Xstrata gets environmental approval for Altonorte Mo expansion

  Switzerland-based resource group Xstrata (LSE: XTA) reported it has received environmental approvals...   more

• Venezuela

   Supreme court endorses Sidor nationalization

  Venezuela's supreme court has ratified a decree to reorganize the steel sector that was issued by th...   more

• Venezuela

   AIMM: Metallurgical industry to grow 10% this year

  Venezuela's metallurgical industry anticipates 10% growth in 2008 and expects to expand the number o...   more

• Brazil

   Gerdau to issue US$1bn in bonds, Fitch rates BBB-

  Brazilian steelmaker Gerdau (NYSE: GGB) plans to issue bonds due 2017 to raise up to US$1bn to parti...   more

• Chile

   Asimet: Metals output down 1.9% in March

  Chile's metallurgical output declined 1.9% year-on-year in March in what was the sector's worst mont...   more

• Brazil

   Antitrust regulator approves Vale, Dongkuk steel mill

  Brazil's top antitrust authority Cade has approved a November 2007 agreement between mining giant Va...   more

• Paraguay

   Acepar: Billet exports not causing domestic shortage

  Billet exports by steelmaker Aceros del Paraguay (Acepar) are not the cause of the shortage of bille...   more