ANYBODY but this guy would be more suitable. Revered scientific journal The Lancet has created a 'task force' to investigate the origins of the Continue...Read More
A major new study by German scientists at Munich University has found that lockdowns had no effect on reducing the country's coronavirus infection rate.Continue...Read More
When it comes to picking the best metal to invest in, Gold, Silver or Platinum, which has the most upside potential right now? In this interview Todd "Bubba" Horwitz of bubbatrading.com tells us what he is looking at right now.Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily...Read More
In this must-watch special, our Daniela Cambone speaks with Mark Yaxley, managing director of Strategic Wealth Preservation (SWP), a Cayman-based precious metals dealer and secure storage provider. Breaking down his approach to buying silver and gold, Yaxley answers your burning questions: What are the key distinctions between coins and bars? Do brand and size matter? How can investors get the bes...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
The pig iron import market in the United States was firm during the week to Friday June 4 because buyers needed to accomplish further restocking.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $665 per tonne on Friday, unchanged week on week.Sources had estimated the market level at $665 per tonne and one fresh booking of Russia-origin material was reported at this...Read More
The export pig iron market from the Commonwealth of Independent States was calm during the week to Thursday June 3 amid an uncertain price trend.Fastmarkets assessed the price of high-manganese pig iron, export, fob main port Black Sea, CIS at $625-635 per tonne on Thursday, widening downward from $630-635 per tonne on June 2.The latest sales from CIS to the United States were reported at $665 per...Read More
Export prices for Brazil-origin steel slab rose in the week to Friday June 4 and touched $1,000 per tonne for the first time due to higher offers to the United States and overall expectations that the global uptrend will persist.Fastmarkets assessed the price for steel slab export, fob main port Brazil at a fresh all-time high of $980-1,000 per tonne on Friday, up by $10 per tonne from $970-990 pe...Read More
Prices for CIS-origin billet changed little over the week ended Friday June 4 amid a lack of trading activity, with the number of deals limited by a mismatch between offers and bids.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $653 per tonne on June 4, unchanged day on day and back to the level seen on Monday after a midweek dip.Billet offers from mills and traders to Tur...Read More
Prices for cargoes of steel billet imported to Asia increased over the week amid greater restocking demand from buyers and a slight upward movement in Chinese futures markets, sources told Fastmarkets on Friday June 4.Offers for blast furnace (BF) billet from Indonesia were heard at $720 per tonne cfr China at the start of the week, up from $700 per tonne cfr, while BF material from Vietnam was he...Read More
The gold market has seenmany momentum shifts in recent months. At the end of the day, however, themarket really depends on one simple factor: Are the big money inflows trendingin a bullish or bearish direction?Near market lows,speculative interest tends to be heavily on the short (bearish) side. That setsthe stage for buying pressure to be released when rallies force short sellersto cover their po...Read More
Mexican light vehicle production reached 241,442 units in May 2021, according to figures released by national statistics agency, Inegi, on Friday June 4.That marks an increase of 956.08% from the 22,862 units produced in the same month a year before, when production was negatively affected by stoppages...Read More
Russian steel maker Severstal and Russian natural gas producer Novatek have signed a Memorandum of Cooperation to explore hydrogen, alternative energy and greenhouse gas emission reduction technologies, the companies said at the St Petersburg International Economic Forum on June 4.Alexey Mordashov, Severstal chairman of the board of directors, and Leonid Mikhelson, chairman of the management board...Read More
Brazilian iron ore producer Vale has halted part of the railroad it uses for exports following a warning from an authority about tailings dam risks, causing a production stoppage at its Timbopeba plant and Alegria mine, the company said on Friday June 4.The disruption will result in a production loss of 33,000 tonnes per day of iron ore fines at Timbopeba and 7,500 tpd at Alegria, it said. Both un...Read More
Member mills of China's Iron & Steel Association (Cisa) reduced their output rates of crude steel and hot metal in late May compared to the preceding 10 days, data from the association late on Thursday June 3 shows.May 21-31 output - (change from the 10-day period ended on May 20)Crude steel: 2.29 million tonnes per day, down by 3.92%Finished steel: 2.30 million...Read More
China's customs authorities will no longer require imports of some hot-rolled and cold-rolled coil to undergo inspections from June 10, the General Administration of Customs said on Tuesday June 1.The products affected, under the 10-digit Harmonized System (HS) code, include:7208261000 Other high-strength HRC of a thickness of 3mm or more but less than 4.75mm 7208269000 Other HRC of a thickness...Read More
Export prices for Brazil-origin steel slab rose in the week to Friday June 4 and touched $1,000 per tonne for the first time due to higher offers to the United States and overall expectations that the global uptrend will persist.Fastmarkets assessed the price for steel slab export, fob main port Brazil at a fresh all-time high of $980-1,000 per tonne on Friday, up by $10 per tonne from $970-990 pe...Read More
Aluminium billet premiums diverged on Friday June 4, with those in Germany and Thailand rising to all-time highs while those in Brazil and the United States slipped.Germany premium touches $1,000 per tonne for first timeThailand premium jumps to all-time highUS premium dips from all-time high levelBrazil premium softens in quieter marketEuropeEuropean billet premiums hit fresh all-time highs on Ju...Read More
Appetites for steel scrap exports were broadly subdued in the week to Friday June 4, with the exception of imports into India and Pakistan.Turkey cooled its importing activity amid softer demand for finished steel, adjusting offers downwardPrices for cargoes from the East and West Coasts of the US divergedVietnamese importers stayed out of the market amid price-trend confusionChinese appetites wer...Read More
The pig iron import market in the United States was firm during the week to Friday June 4 because buyers needed to accomplish further restocking.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $665 per tonne on Friday, unchanged week on week.Sources had estimated the market level at $665 per tonne and one fresh booking of Russia-origin material was reported at this...Read More