The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloys forecast highlights:Prices across most ore and alloy markets trended higher in September, buoyed by improving demand from steelmakers with the end of the summer holiday season in Europe and the United States, as well as maintained demand from Chinese steel mills. Tightening of alloy inventories...Read More
It is the the massive debt. It cannot beserviced. It will collapse the whole system.The gold, silver and cryptocurrencies chartsare showing signs of going parabolic. The US dollar is close to confirming a massive breakdown.Gold, silver and cryptocurrencies allprovide “crisis value” by simply being an acceptable debt-based fiatalternative. It is only later in this crisis that we will se...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Prices across most ferro-alloy markets trended stable to lower in August as demand remained subdued in major markets, apart from China where steel output continues to rise at a rapid pace, supporting demand for ferro-alloys. As alloy makers seek to remedy supply/demand imbalan...Read More
David Smith - Even in the competitivehunting/shooting community, few enthusiasts know about an arcane rifle known asa "double trigger shotgun." Essentially, it's a double-barrel shotgunhaving a trigger for each barrel.This was an early day'sdesign with the triggers located inside the trigger guard, back to front. Itwas possible to press both triggers at once, causing a double discharge,...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Numerous ore and alloy markets enjoyed upward pricing momentum in the first half 2020, with supply-side constraints supporting prices despite collapsing demand from steelmakers and other key end users. While supply side issues related to Covid-19 lockdowns have been resolved,...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
The biggest banks in the world areeyeing gold prices of around $3,000 in just over a year. Former Citigroup billionaireThomas Kaplan predicts $5,000gold . And even without those predictions, the gold rush is on … Miners are stampeding this single gold rush territory …That’s already produced over 40 million ounces of gold … And still has an estimated 68 million+ oun...Read More
Whether you’re buying a brand new BMW or a second hand Range Rover, it’s necessary to secure clear title so you can sell or trade the vehicle in the future. If you purchase a home in The Hamptons or in the Vancouver suburbs, the title or warranty deed should ensure the property is unencumbered by a mortgage or tax lien. When acquiring gold, silver or platinum, you need documentation to...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese blast furnace (BF) utilization rates have stagnated and iron ore port stock volumes are rising, reaching their highest levels since March, which suggests that iron ore supply is becoming excessive while demand is not growing. Unsurprisingly, prices dropped last week and we expect the trend to continue. The market has...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.We do not consider the average iron ore fines price for September so far above $125 per tonne cfr Qingdao to be sustainable. The bullishness is not likely to last in the long term as we expect Chinese demand growth to slow down. A key factor boosting Chinese steel demand so far has been the stimulus policies from the authori...Read More
Australia’sfirst New South Wales Gold Rush took place over 120 years ago. Back then, prospectorswielded nothing more than pickaxes. Now,a second NSW Gold Rush is on, with a mad rush to this territory with gold explorerswielding the latest technology. Hugemining names have now gathered. And a sea of junior explorers is attempting tostorm the venue. But onestands out: Sentinel...Read More
The threat of economicallycrippling lockdowns, the promise of unending monetary stimulus, and theuncertainty of game-changing political outcomes – this is the “new normal” forinvestors.The COVID pandemic won’t beeradicated anytime soon. And even when it finally is, the economic and socialcosts will continue to be borne for years to come.In such an environment, allconvention...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.While a world leader in many areas, the United States is a relatively small player when it comes to stainless steel. It produces a small amount of material, both in absolute and relative terms (i.e. compared to the size of its population), while a large share of its industry is in the hands of bigger European companies. Never...Read More
Gold, mining stocks, and the USD Indexhave not been doing much recently. However, yesterday, this “inactivity” tookquite a decisive shape, and unfortunately, things are not looking good forgold.As you are all aware, gold tends to moveconversely to the USD Index. Therefore, it’s useful to focus on the latter forsigns that would influence the former. So, what does the current USDX...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.Having found it easier to increase prices than their counterparts in Europe and the United States during the past few months, Asian stainless steelmakers now face a number of concerns.In the short term, Asian prices have moved down in recent weeks while those in Europe and the US are on the up. This is mostly a reflection of...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view. A look at stainless steel price movements through August reveals the ongoing battle being faced by stainless steelmakers in Europe and the United States while they try to pass on rising costs to consumers. In these regions, prices on most grades of stainless steel are little changed from July, rising by around 2% at most -...Read More
The latest forecast from Fastmarkets' team of analysts is ready to view.As we enter the summer season across the northern hemisphere, almost half a year has passed since the Covid-19 pandemic began to seriously affect Europe and the United States.One would not really be able to tell that such a dramatic event had occurred by looking at stainless steel prices, however, because they are more or less...Read More
Flat steel import prices in the United Arab Emirates (UAE) have increased over the past week because of a shortage of hot-rolled coil and globally strong demand, sources said on Tuesday November 17.Local demand for flat steel was strong in India and China, the main exporters of flat steel to the UAE and Saudi Arabia, so offers were limited.UAEOffer prices for HRC from Indian suppliers were heard a...Read More
Domestic prices for hot-rolled coil in Northern Europe increased further day on day on Tuesday November 17, due to low availability of domestic material and a lack of import offers, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?529.58 ($627.27) per tonne on Tuesday, up by ?,?0.83 per tonne from ?,?528.75 per tonne on Mon...Read More