Domestic prices for hot-rolled coil continued to rise in all parts of Europe over the week to Wednesday September 2, and were expected to increase further, market sources have told Fastmarkets.The upswing in domestic prices had support from a combination of a degree of seasonal demand improvement, reduced output from domestic mills resulting in longer lead times, a lack of competitive import offer...Read More

Turkey exported 511,188 tonnes of flat steel products in July 2020, according to the Turkish Statistical Institute (TUIK), up by 10.36% year-on-year from 463,220 tonnes exported in July 2019.The main reason for the increase was the rise in tonnages of cold-rolled coil and coated coil exports in July.Turkey made several export deals for hot-dipped galvanized coil in May and June, which were deliver...Read More

Turkey imported 659,179 tonnes of flat steel in July 2020, up by 8.24% from 608,982 tonnes in July 2019, Turkish Statistical Institute (TUIK) said this week.The reason for the increase in imports was strong buying in May, when orders to be delivered in June were placed, Fastmarkets understands.Demand for flat steel is currently moderate in Turkey but prices have been increasing in line with rising...Read More

The price of hollow steel sections in the Northern European domestic market went up this week because of the current price surge in raw materials, market sources told Fastmarkets on Wednesday September 2.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?550-570 ($658-681) per tonne on Wednesday, up from ?,?540-565 per tonne one week earlier.The...Read More

The price of steel H-beams in the European domestic market has been largely stable over the past week following modest increases in the previous seven days, with further gains depending on demand in the weeks ahead, sources told Fastmarkets on Wednesday September 2.Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe, was ?,?535-565 ($640-675) per tonne on Wedn...Read More

Producers of steel mesh quality wire rod in the south of Europe push for higher prices on increased feedstock costs and a demand recovery, while in the north prices were flat after an increase last week, source told Fastmarkets on Wednesday September 2. Southern Europe Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe increased to ?,?4...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 2 that are worth another look.The premium for direct-reduced (DR) iron ore pellet for the third quarter of 2020 fell by 12.9% due to lower demand in the period, and market participants said the premium could fall...Read More

The Turkish steel producers have resumed their deep-sea scrap purchases for September shipments at higher prices, market sources told Fastmarkets on Wednesday September 2.After booking six deep-sea cargoes totaling around 220,000 tonnes last week, the mills in Turkey stopped their scrap purchases on August 26.But two steel mills came to the market and paid higher prices for fresh deep-sea cargoes...Read More

Prices for cargoes of H2-grade heavy scrap exported from Japan hit a ceiling over the past week amid static levels of demand from South Korea and Taiwan, sources told Fastmarkets on Wednesday September 2.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?27,500-28,500 ($260-269) per tonne on Wednesday, unchanged week on week. But it followed two weeks of consecuti...Read More

What is the real reason that Joe Rogan had to flee California for Texas? It may be more important than you first thought. Join Mike Maloney as he analyzes why he, along with Joe Rogan and many others chose to 'GET OUT OF DODGE!' Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and o...Read More

Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and edito...Read More

Former Assistant Treasury Secretary in the Reagan Administration and award winning journalist Dr. Paul Craig Roberts says it will someday come down to one extremely difficult choice for the Fed. Dr. Roberts contends, "The way you can measure the pressure on the dollar is rising gold and silver prices. So, if gold and silver continue to go up and you see the dollar under pressure, at some point, th...Read More

Viewer Questions:Jimmy - Instead of targeting a two percent inflation level and raising rates to head off price pressure, Federal Reserve Chairman Jerome Powell said the central bank would aim for an average of two percent over time, which would let inflation run higher. I understand this to mean that the Fed will need to move real interest rates to negative - but wouldn't that be deflationary to...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

Topics:S&P has its best August since 1986.APPL and TSLA continue soaring after splits.TSLA rains on its own parade.Zoom zooms.Loot this book.George Floyd died of a drug overdose.McDonald's sued for treating black owners equal to white owners.Rampant wave of race-based lawsuits on the way.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold m...Read More

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More

"In front of my children!""I'm happy to delete the post, this is ridiculous." Continue...Read More

This video shows the tyranny in Australia as they arrested a pregnant woman for posting about a protest against the lockdowns. We have warned that the War Cycle, which includes Continue...Read More

Jerome Powell's hawkishness at last week's Jackson Hole Symposium created doubts in gold investors' minds, sending the yellow metal to trade sideways for the last few days. Volatility for gold presents an opportunity to buy on the dips, said Frank Holmes, CEO of U.S. Global Investors who said that "if you're not long, you're wrong."Holmes has previously called for gold to hit $4,000 an ounce in tw...Read More

Let's face it - we're being given a Satanic choice.There are a few things that are quite-clear about this political season.First, the Senate is odds-on to flip Democrat, like it or not. Continue...Read More