Here are five Fastmarkets stories you might have missed on Monday February 8 that are worth another look.European steel association Eurofer is concerned that the EU's Carbon Border Adjustment Mechanism (CBAM) will result in a substantial rise in the costs of steel production, it said on Friday February 5.China's...Read More
Spot hot-rolled coil prices in the United States remained stable to begin the week. Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $59.24 per hundredweight ($1,184.80 per short ton) on Monday February 8, up by a penny from $59.23 per cwt on Friday February 5 and an increase of 4.7% from $56.56 per cwt one week earlier. Inputs were received across all three sub-i...Read More
Domestic prices for steel hot-rolled coil across Europe stabilized at a high level in the week ended Friday February 5, supported by good order books at domestic producers and solid demand.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?710.00 ($855.36) per tonne on Friday, down by ?,?2.50 per tonne week on week, but up by ?,?43.75 per tonne month...Read More
Here are five Fastmarkets stories you might have missed on Monday February 8 that are worth another look.European steel association Eurofer is concerned that the EU's Carbon Border Adjustment Mechanism (CBAM) will result in a substantial rise in the costs of steel production, it said on Friday February 5.China's...Read More
European steel association Eurofer is concerned that the EU's Carbon Border Adjustment Mechanism (CBAM) will result in a substantial rise in the costs of steel production, it said on Friday February 5.The European Parliament's environment committee (ENVI) voted on Friday in favour of adopting the CBAM by a margin of 58 votes for, 8 against and 10 abstentions, Eurofer said."The consequences of the...Read More
Domestic prices for steel rebar in Russia's Central Federal District around Moscow were largely flat in the week to Monday February 8, with buyers expecting prices to fall due to slow demand and declining exports, several sources told Fastmarkets.Buying activity in the region's rebar market was quiet over the assessment week.Construction activity in Russia, the main market for rebar, typically slo...Read More
Iron ore prices went up on Monday February 8, with growing steel mill interest in mid-grade fines at ports, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $160.50 per tonne, up $3.49 per tonne62% Fe low-alumina fines, cfr Qingdao: $160.80 per tonne, up $3.27 per tonne58% Fe fines high-grade premium, cfr Qingdao: $146.45 per tonne, up $2.16 per tonn...Read More
Things are overheating - interest rates rising, broad inflation measures picking up, stocks soaring, gold and silver up. On the other hand employment is stagnant and we might be dropping back into recession... Employment is going down except for people over 60. Food inflation and other measures are taking off too. 30 year is up to 2%. Anticipation of new stimulus coming to a wallet. Reddit traders...Read More
A 40% correction is coming for the stock market, this according to Harry Dent, New York Times best-selling author of Zero Hour. "The Fed is losing absolute control," he tells our Daniela Cambone in this exclusive interview. While he argues that the crash will be the worst of our lifetime, Dent predicts that the ensuing depression will not be decades long. The popular pundit also warns that there i...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
0:00?EUR< - Introduction0:47?EUR< - Historians & Economics3:00?EUR< - Economic Thesis8:56?EUR< - Bitcoin & Hyperinflation13:19?EUR< - Commodity Fund Thesis17:47?EUR< - Silver & Commercial20:05?EUR< - Spot Vs. Physical23:40?EUR< - Silver Price Discovery25:34?EUR< - True Price For Silver27:11?EUR< - Portfolio Structuring28:22?EUR< - Profit Taking Thoughts29:56?EUR< - Paper Silver Failing31:05?EUR< -...Read More
Demand in 2020 was "child's play" compared to what we see now. Our president Andy Schectman tells us about the busiest week in our history.0:00?EUR< Intro0:36?EUR< Busiest week ever5:05?EUR< Is the market rigged?13:16?EUR< Demand is not letting upAndy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
In this 17-minute MAMChat, Matterhorn principals Egon von Greyerz and Matthew Piepenburg discuss the "great inflation debate" and the ongoing as well as open secret of price manipulation in the paper gold & silver markets.Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial i...Read More
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Question 1: 0:55?EUR
Experimental Covid drug cures 30 out of 30 moderate to severe cases in Phase I clinical trial at Israeli hospital. Second new drug Continue...Read More