Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More

Kevin Duffy interviewed James Grant for his newsletter Coffee Can Portfolio. It is reprinted with permission.Continue...Read More

Why would DJIA leadership be a negative for the markets? You see, when money flows into Continue...Read More

I offer 29 steps below - some big, some small - that my husband and I are implementing in our own life. And while these steps save money, they don't sacrifice quality of life. No one (including me!) wants to lower their living conditions if they don't have to.Continue...Read More

The 10-year U.S. Treasury yield rose above 1.7% on Thursday despite the Federal Reserve reassuring markets that it had no plans to hike interest rates anytime soon, nor taper its bond-buying program.Continue...Read More

European ferro-titanium producers have started negotiations for deliveries of the alloy to consumers in the steel sector between April and June, and while no prices have yet been discussed, an acute shortage of titanium scrap will be a key issue for suppliers, producers told Fastmarkets this week.Ferro-titanium producers have been holding back from securing new deals for their intake of scrap and...Read More

The Critical Investor looks into the significantly increased resource estimate Gold Terra released for the Yellowknife City Gold Project in the Northwest Territories. As Gold Terra Resource Corp. (YGT:TSX.V; YGTFF:OTC; TXO:FSE) has been drilling its Yellowknife City Gold project diligently since the company turnaround, the first resounding results of its work were announced to the public on March...Read More

The completion of Omineca Mining & Metals's drill program at Mouse Mountain and its ongoing operations and exploration at Wingdam are discussed in a Mackie Research Capital Corp. report. WingdamIn a March 8 research note, Mackie Research Capital Corp. analyst Bill Newman reported that Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) completed the drill program at the Mouse Mountain proje...Read More

Bunker Hill Mining Corp. launched a web-based water discharge monitoring system in support of its rapid restart program at its Bunker Hill Mine. In a news release, Bunker Hill Mining Corp. (BNKR:CSE; BHLL:OTCMKTS) reported that in support of its rapid restart program at its Bunker Hill Mine, it has installed and activated its water quality tracking platform that has been designed to automatically...Read More

The UK steel industry is a key focus of the British government's ?1 billion ($1.4 billion) Industrial Decarbonization Strategy, which is intended to create the world's first low-carbon industrial sector.The strategy includes a commitment to work with the recently reconstituted Steel Council to consider the implications of a recommendation from the Climate Change Committee and to set targets for o...Read More

Rogesa, a joint subsidiary of German steelmakers Dillinger and Saarstahl, has installed new equipment which will result in reduced carbon emissions and additional energy generation, the company announced on Wednesday March 17.The new dedusting system for the circular cooler - a rotating belt on which the sinter cools - has been installed at sinter plant 3 of Rogesa Roheisengesellschaft Saar in Dil...Read More

It seems fitting that the year we are expecting to see an unprecedented rise in US government spending and money-printing to spur an economic recovery, marks the 50th anniversary of the end of the gold standard.Done at the time to fight an economic crisis, we are still feeling the effects of this disastrous decision, five decades on.In this article, we explain why President Nixon did what he did,...Read More

Here are five Fastmarkets stories you might have missed on Thursday March 18 that are worth another look.Brazilian apparent steel consumption increased 24.5% year on year in February, while crude steel output grew 3.8% in the same comparison, according to figures from national steel association, A??o Brasil. ...Read More

Now that stocks closed at new all time highs, thecorrection is officially over. And what little rest stock bulls could claimlast week, arrived on Friday. Yet, the bull is strong enough to defend the3,900 zone, and charge higher the same day. Who could be surprised, given the modern monetary theory ruling theeconomic landscape? The Fed amply accomodative, one $1.9T stimulus bill justin, and a $2T i...Read More

Hot-rolled coil prices in the United States have surged above $65 per hundredweight ($1,300 per short ton), and there is no sign that the rally will end any time soon, according to market participants. Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $65.24 per cwt ($1,304.80 per ton) on Thursday March 18, up by 0.69% from $64.79 per cwt on Wednesday March 17 and by 1....Read More

European ferro-titanium producers have started negotiations for deliveries of the alloy to consumers in the steel sector between April and June, and while no prices have yet been discussed, an acute shortage of titanium scrap will be a key issue for suppliers, producers told Fastmarkets this week.Ferro-titanium producers have been holding back from securing new deals for their intake of scrap and...Read More

Mainstream media and the large mining companies are finally catching on to what we at AOTH have been saying for the past two years: the copper market is heading for a severe supply shortage due to a perfect storm of under-exploration/ lack of discovery of new deposits, clashing with a huge increase in demand due to electrification and decarbonization.Dramatic price riseCopper is trading over $4.00...Read More

South African manganese miner UMK will stop road transportation of manganese ore due to significant pressure from rising logistical costs, a company spokesperson told Fastmarkets on Thursday March 18.While the miner will honor existing contractual obligations, it will not pursue further road transportation options due to rising freight costs making certain export channels economically unfeasi...Read More

Many investors sense that the country, and the world, has drifted into uncharted territory.The last year has been extraordinary. There have been COVID lockdowns, a disputed presidential election, and multi-trillion-dollar federal deficits and bailouts. The Federal Reserve has injected more money into markets than ever before.This insanity showed up in the physical gold and silver markets.Bullion d...Read More

Here are five Fastmarkets stories you might have missed on Thursday March 18 that are worth another look.Brazilian apparent steel consumption increased 24.5% year on year in February, while crude steel output grew 3.8% in the same comparison, according to figures from national steel association, A??o Brasil. ...Read More