Fastmarkets opened a consultation on October 1, 2020, inviting feedback on its non-ferrous materials methodology in line with our annual methodology review process.The consultation, which closed on October 31, sought to ensure that the specifications and methodology for our audited alumina, aluminium, cobalt, copper, lithium and manganese ore markets continue to reflect the physical market. This i...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 11 that are worth another look.There were no expectations of material changes to the US steel market to arise in the short term as a result of Joe Biden taking office as United States president in 2021, Gerdau...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday November 11.Key driversThe ferro-titanium spot price in Europe increased, extending the current rally into its 12th week amid renewed demand from consumers looking to settle deals from a raft of new tenders. Suppliers reported deals for several hundred tonnes of standard-grade ferro-titanium for prompt shipment and a few hundred ton...Read More
Turkish steel mills resumed their deep-sea scrap buying at higher prices, having secured more finished long steel and billet sales, sources said on Wednesday November 11.A steel mill in the Iskenderun region broke the silence in the deep-sea market late on November 10 with two fresh cargoes.The mill booked a Baltic Sea cargo, comprising 30,000 tonnes of HMS 1&2 (80:20) at $305 per tonne and 5,000...Read More
* Dollar rises to near one-week high * Traders eye U.S. initial jobless claims on Nov. 12 * Fed policymakers suggest more specific fiscal support * Interactive graphic tracking global spread of coronavirus: (Adds analyst comments and updates prices)By Asha SistlaNov 11 (Reuters) - Gold eased on Wednesday on a firmerdollar and market optimism over a potential COVID-19 vaccine,but bets for continued...Read More
Markets were generally buoyant on the back of relief that a potential Covid-19 vaccine has been found, but the metals also seem hesitant this morning, Tuesday October 11, about what this will mean to the markets given how much they have run up already since the March lows. Asian Pacific equities were mixed, with China's CSI 300 down for the second day as big tech, a big winner during lockdowns, en...Read More
Spodumene producer Pilbara Minerals could execute a share sale agreement to acquire Altura Mining's lithium project in Western Australia in early December, subject to completion of the receivership process, it said on Wednesday November 11."The placement and entitlement offer would be launched concurrently," the producer added.A filing with the Australian Securities Exchange (ASX) on October 26 an...Read More
The stocks of US multi-state marijuana operators have been on the move. Today on INK Ultra Money, we have a fantastic Real Vision interview with Todd Harrison and CB1 Capital Management who provides insight into industry fundamentals, the impact of the election and names he likes.US cannabis stocks: a value investing dream?I discuss the interview more in INK Chat. If you click on the following li...Read More
Hot-rolled coil prices in the United States have inched up further amid tight supply, but market participants questioned how long the recent high prices would last.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $35.64 per hundredweight ($712.80 per short ton) on Wednesday November 11, an increase of 0.5% from $35.46 per cwt on Tuesday November 10 and up by 3.2% from...Read More
Domestic prices for hot-rolled coil in Europe increased again in the week to Wednesday November 11, supported by tight supplies, sources told Fastmarkets."There is a shortage of HRC in the market," an Italian distributor told Fastmarkets. "Buyers are struggling to get material from either domestic or overseas mills and, naturally, [then] have to accept higher prices."Fastmarkets cal...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 11 that are worth another look.There were no expectations of material changes to the US steel market to arise in the short term as a result of Joe Biden taking office as United States president in 2021, Gerdau...Read More
There were no expectations of material changes to the US steel market to arise in the short term as a result of Joe Biden taking office as United States president in 2021, Gerdau chief executive officer Gustavo Werneck said on Wednesday November 11.Werneck also expected a metal spread recovery in the fourth quarter of this year, boosted in particular by steel beams, and he forecast stability for 2...Read More
Prices for hollow steel sections in Europe moved up this week following a prolonged upward trend in the cost of the hot-rolled coil used as feedstock, sources told Fastmarkets on Wednesday November 11.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?640-660 ($756-780) per tonne on Wednesday, up from ?,?630-650 per tonne one week earlier.The pri...Read More
Project Veritas was founded by James O'Keefe. The mission of Project Veritas is to investigate and expose corruption, dishonesty, self-dealing, waste, fraud, and other misconduct in both public and private institutions in order to achieve a more ethical and transparent society.Read More
"We are living in a banana republic 2.0," says Gerald Celente, the popular forecaster and editor of the Trends Journal. Speaking with our Daniela Cambone, Celente hammers home his salient point: the social and political systems need a complete reset.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: Ho...Read More
Patrick Bet-David has a virtual sit down with the former Antifa Member Gabriel Nadales to talk about Antifa, the 2020 election, socialism in America and why younger people are fascinated with it. About the guest: Gabriel Nadales is a conservative activist and author of "Behind the Black Mask: My Time as an Antifa Activist." Gabriel grew up in the San Gabriel Valley in California and graduated from...Read More
Live in the present, don't dwell in the past or worry about the future. Our trust in the electoral system is being tested. When you're anxious, your fears become reality. Stop drinking coffee, smoking cigarettes and eliminate stimulants like crystal meth or aderol. We're all just acting out on our programming. When fight or flight is triggered you lose perspective.Read More
TOPICS IN THIS INTERVIEW:-Mainstream media and precious metals collusion.-Gold and silver upwards projections.-Positioning for end of 2020 and 2021.Bill Murphy is a financial commentator and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious meta...Read More
0:00 - Introduction1:10 - Gold a Drive-By Shooting2:50 - Who is Responsible4:25 - Bullion Sales9:45 - New Presidency and Spending13:20 - Bullion Storage Risks17:50 - The Little Man Rule23:20 - Comex & Deliveries29:30 - Insiders & Smart Money33:40 - New Bretton Woods36:30 - Digital Currency + Gold39:20 - New Currency Advantages?45:10 - Banking Sector Problems51:20 - Miles Franklin OfferAndy Schectm...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