Here are five Fastmarkets that you might have missed on Wednesday September 16 that are worth another look.JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government,...Read More

JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government, Fastmarkets has learned.Representatives of JSW Steel Italia earlier this week presented an industrial plan for the Piombino, Italy-based mill, formerly k...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Prices for hot-rolled coil have performed in line with our expectations over the past month, with US domestic HRC prices finding a floor in July in line with the forecast, before improving in August. US HRC prices averaged $473 per short ton in August, compared with our forecast price of $470 per ton.Our prediction that an i...Read More

Turkish steelmakers continued to hold back from deep-sea scrap purchases amid weak finished long steel demand, especially in the domestic market, sources told Fastmarkets on Wednesday September 16.Steel producers in the country booked seven deep-sea scrap cargoes, totalling around 230,000 tonnes, in the first half of last week before stepping away from the market on September 10.The price of HMS 1...Read More

Prices for cargoes of steel scrap exported from Japan fell for most grades on Wednesday September 16 following a drop in appetite among South Korean steelmakers and a worsening of the market environment, sources have told Fastmarkets.Several producers in South Korea were undertaking maintenance work in September-October, reducing the requirements for scrap in the country and thus also reducing the...Read More

Iron ore prices slumped further on Wednesday September 16, on weaker-than-expected demand for steel, raising concerns that the market could start to move into bearish territory as it did in 2019.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $124.20 per tonne, down $4.32 per tonne62% Fe low-alumina fines, cfr Qingdao: $124.40 per tonne, down $4.50 per tonne58% Fe fines high-grad...Read More

Here are five Fastmarkets that you might have missed on Wednesday September 16 that are worth another look.JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government,...Read More

Iranian steel billet producers have managed to sign fresh contracts at higher prices despite the slowdown of buying activity in the country's major export sales outlets of Southeast Asia and China.The fall in demand from Asian customers can be explained by the decline in the Chinese stock market and weakening iron ore prices, sources told Fastmarkets on Wednesday September 16.On Wednesday, the mos...Read More

Buyers in the Philippines, Malaysia and Thailand have been in the market for imports of steel billet at higher prices over the week despite China's continued absence, sources told Fastmarkets on Wednesday September 19.Chinese billet buying behavior has often informed decisions at mills in Southeast Asia this year but China's reticence to make further bookings has been met with a handful of transac...Read More

Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal...Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More

Adjusted for inflation, gold's price has not hit the all-time high yet, said Lobo Tiggre of The Independent Speculator."If we go by what the BLS [Bureau of Labor Statistics] publishes for its CPI data, we can see that gold has not hit a new all-time high. To match the 2011 peak, gold would have to go over $2,150, which we haven't reached yet, and to match its 1980 peak, it would have to go over $2...Read More

Hosts Robert and Kim Kiyosaki and guest Chris Powell discuss how it is legal for the U.S. government to manipulate the price of gold and to do so secretly to deceive investors in other countries. Listen to find out what Chris Powell predicts for gold and the dollar over the next five years.Chris Powell was managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, from...Read More

According to Craig Hempke, a/k/a Turd Ferguson, there's nothing the Fed can do now to staunch the ever increasing amount of government debt. Their hands are tied, raising interests rates is not an option and Fed Chair Jerome Powell has tacitly admitted as much. That means higher inflation, low rates into the indefinite future and by reference, higher precious metals prices. BTW, have you seen the...Read More

China will be able to absorb the large volumes of ore and ferro-alloys supply it imported in the first half of this year, but supply concerns loom, Fastmarkets head of research Alistair Ramsay said during a recent Fastmarkets webinar on Covid-19 and what it means for trade flow and demand for key ferro-alloys and ores."It is been an extraordinary period with record levels of ores and ferro-alloys...Read More

David is Chief Market Strategist at StockCharts.com.Time Stamp References:0:40 - Reading suggestions for investing.4:30 - Quantifying investor behavior.6:50 - Oversimplifying your thesis.8:55 - Being mindful as an investor.11:10 - Key parts of his thesis.14:15 - Breadth indicators.18:10 - The end of the FAANG trade.22:30 - S&P 500 Chart and analysis.25:20 - Why the gold chart is bullish.29:30 - Ti...Read More

Luke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve University. He earned the CFA designation in 2003. Luke provides strategic consulting services for corporate executives and is the founder of The Forest For The Trees, LLC, a macro/thematic research firm catering to institutions and individuals.George Edward Gammon is an American real estate i...Read More

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

Secretary of Treasury is really Secretary of DebtFed doesn't think Americans are in enough pain.Education and healthcare are too important for the government to be involved in.Biden pledges to nationalize corporate America.The road to serfdom is better than the road we're on now.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. M...Read More

After "rogue" Chinese scientist Dr. Li-Meng Yan was silenced by Twitter yesterday over her claims that the coronavirs was "created in a lab", Tucker Carlson had her on his show Continue...Read More