Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Here are five Fastmarkets stories you might have missed on Wednesday November 18 that are worth another look.China will remove its prohibition on the "processing trade" for 136 steel products from December 1, 2020, the country's Ministry of Commerce (MOC) said last week.Alba chief...Read More

Sales of passenger cars in the European Union dropped by 7.83% year on year in October 2020, following a first month of recovery this year in September, according to data released by the European Automotive Manufacturers Association (Acea).New car sales in the EU totalled 953,615 vehicles in October, down from 1.03 million units sold in the corresponding month of 2019, Acea said on Wednesday Novem...Read More

Here are five Fastmarkets stories you might have missed on Wednesday November 18 that are worth another look.China will remove its prohibition on the "processing trade" for 136 steel products from December 1, 2020, the country's Ministry of Commerce (MOC) said last week.Alba chief...Read More

China will remove its prohibition on the "processing trade" for 136 steel products from December 1, 2020, the country's Ministry of Commerce (MOC) said last week. This means steel mills and other factories in the downstream supply chain need not pay import duties on imported steel substrate materials that will later be processed into downstream products meant for re-export.The 136 steel products i...Read More

Russia-based steelmaker NLMK's US subsidiary has reached a settlement with the United States government on a lawsuit regarding Section 232 tariffs on steel imports.NLMK filed a suit in the US Court of International Trade on February 2020, challenging a decision from the Department of Commerce to deny the company's exclusion requests to the Section 232 tariff of 25% against steel imported from most...Read More

Here are five Fastmarkets stories you might have missed on Wednesday November 18 that are worth another look.China will remove its prohibition on the "processing trade" for 136 steel products from December 1, 2020, the country's Ministry of Commerce (MOC) said last week.Alba chief...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 18.Please click...Read More

Fastmarkets has identified a necessary clarification to the magnesium oxide specification for its UG2 chrome ore index.Fastmarkets has updated the magnesium oxide (MgO) specifications of its weekly price index for UG2 chrome ore to match the quality listed in the index's pricing notice.The MgO previously, and erroneously, was listed in the specifications at MgO max 0.15% although the correct quali...Read More

Domestic prices for hot-rolled coil in Europe increased again in the week to Wednesday November 18, due to tight supplies, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?537.92 ($638.24) per tonne on Wednesday, up by ?,?8.34 per tonne from ?,?529.58 per tonne on Tuesday.The index was also up by ?,?13.42 per tonne week on...Read More

Here are five Fastmarkets stories you might have missed on Wednesday November 18 that are worth another look.China will remove its prohibition on the "processing trade" for 136 steel products from December 1, 2020, the country's Ministry of Commerce (MOC) said last week.Alba chief...Read More

If we experience the same type of demand next year, we will enter a silver market like never before. While that may sound like hype, the CLUES... by Steve St Angelo of SRSrocco ReportThe Silver Market is just one step away from another MASSIVE BUYING WAVE and is just waiting for the next leg to drop in the global economy and financial system to do so. With silver investment demand to account fo...Read More

Why is the US Mint telling people there is a coin shortage...?!?by Bix Weir of Road to RootaWhen will we ever get the Truth out of our Government and Regulators as it relates to silver and gold? They have been LYING to We the People for over 100 years and it's long past time they TOLD THE TRUTH! We are in the Final days of silver price manipulation after 150 years so hang on for the SILVER MOONSHO...Read More

Seaborne iron ore prices were up slightly on Wednesday November 18 after authorities removed emergency pollution controls in the steelmaking hub of Tangshan, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $126.34 per tonne, up $0.90 per tonne62% Fe low-alumina fines, cfr Qingdao: $126.58 per tonne, up $0.59 per tonne58% Fe fines high-grade premium, cfr Qingdao: $1...Read More

There's a lot going on in the financial markets right now...Michael Pento interviewed by Chris Marcus of Arcadia EconomicsThere's a lot going on in the financial markets right now, and the well-renownedMichael Pento joined me on the show to share what he's seeing, how he's responding to the election from an investment standpoint, and what he sees for gold and silver in 2021.To find out more, click...Read More

Seaborne premium hard coking coal fob and cfr prices diverged on Wednesday November 18 due to the ongoing restriction on Australian coking coal, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $98.87 per tonne, down $1.51 per tonnePremium hard coking coal, cfr Jingtang: $156.23 per tonne, up $1.90 per tonneHard coking coal, fob DBCT: $91.78 per tonne, down $3.72 per tonneHard c...Read More

The metals were looking robust this morning, Wednesday November 18, and for the most part are managing to drive higher despite concerns about the rapid spread of Covid-19 and some mixed economic data of late.Asian Pacific equities were mixed this morning, as were major western equity indices on Tuesday......but major western equity indices are weaker this morning, suggesting some concern about the...Read More

RAPAPORT... Sotheby's will sell five natural-diamond pendants created for De Beers' new ReSet Collective project, with the proceeds going to charity, the auction house said Wednesday.Five jewelry designers created the pieces using natural diamonds from De Beers mines as part of the first collaboration in the ReSet series. Sotheby's will offer the items at its online London Fine Jewels sale, which...Read More

RAPAPORT... Retail sales at US conglomerate Berkshire Hathaway rose 4% year on year to $4.21 billion in the third quarter as business resumed following coronavirus-related lockdowns.The company owns Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, but derives around 65% of its retail revenues from its car dealership, Berkshire Hathaway Automotive. It does not provide specific data for its...Read More

RAPAPORT... Frederick Goldman has appointed Lauren Calmas as general manager of the independent-jeweler channel of its business. Calmas will be responsible for growing the newly created business-to-business (B2B) division for small e-commerce sellers, Frederick Goldman said Monday. She will also be in charge of creating the go-to-market strategy and all marketing and sales activity in the ind...Read More

An overview of the consumer electronics markets and their latest price moves.Fastmarkets has reworked the market reports...Read More