Domestic long steel producers in Poland were eyeing price increases on high rolling costs, while buyers were resisting hikes, sources told Fastmarkets on Friday March 12.RebarFastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland was 2,900-2,950 zloty ($757-770) per tonne on Friday, narrowing from 2,870-2,950 zloty per tonne seven days earlier.Trading activity...Read More
The pig iron export market from Brazil was stable during the week to Friday March 12, with no new deals heard because suppliers were fully booked, Fastmarkets heard.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $520 per tonne on Friday, unchanged week on week.The latest sale from the south of Brazil to the United States was...Read More
Bob Thompson of Raymond James in Vancouver joins us to discuss the recent price action in the precious metals as we look ahead to next week's meeting of the FOMC.Bob's bio: http://www.bobthompson.ca/bob-thompson.aspxRead More
The Fed's keep adding more and more to get less and less. What will they do next? We are getting close to Zero Hour. Stay informed by subscribing to my free e-letter at www.HarryDent.comHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographi...Read More
Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.While the markets in the United States, China and India appeared to be static over the period, a flurry of buying activity in Vietnam was intended to capitalize on lower Japanese scrap prices, while Taiwanese traders made hasty sales in a bid to avoi...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Lobo Tiggre of http://IndependentSpeculator.com?EUR< says the markets are currently making a mistake about gold. He is bullish on gold and sees the market correcting to the upside in gold and silver later this year. 0:00?EUR< Intro0:51?EUR< Gold will reverse higher this year4:06?EUR< Inflation this year6:06?EUR< More bullish on silver9:25?EUR< The Fed will lose control12:02?EUR< Stock market is ov...Read More
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"While it is a reasonable store of value over the very long-term, think centuries, it is less reliable across most investment horizons, including the most recent period."Continue...Read More
Trading activity in the pig iron import market in the United States slowed down during the week to Friday March 12 because buyers have restocked, sources said.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $570 per tonne on Friday, unchanged week on week.The latest deal in the US for low-phosphorus pig...Read More
Brazilian steel slab export prices increased in the week to Friday March 12 with demand still high in most buying markets for the semi-finished material.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was $780-800 per tonne fob on March 12, up by $20-40 from $740-780 per tonne fob previously.Producers increased their offer prices because they saw increased bids f...Read More