Lithium iron phosphate batteries have recently regained their position as the preferred option among original equipment manufacturers in China, casting doubt on the forecast dominance of the alternative nickel-cobalt-manganese lithium-ion batteries in the country's electric vehicle battery supply chain.The situation has also raised questions about whether the change in sentiment would be mirrored...Read More
Key data from the Friday June 25 pricing session in London and Beijing.Key drivers Cobalt hydroxide payables held steady last week, but some suppliers were considering pushing these up on rising prices for cobalt salts downstream - which had been trending upward since the middle of June - and growing optimism amid continual increases in benchmark metal prices. Chinese...Read More
Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More
Domestic prices for hot-rolled coil in Europe increased in the week to Friday June 25, despite slower trading activity in the market with buyers holding back from making new deals.At the end of last week, ArcelorMittal increased its offers for coil products by ?,?30 ($36) per tonne across Europe. New offers for HRC reached ?,?1,200 ($1,432) per tonne ex-works, with offers on cold-rolled and hot-di...Read More
Flat steel market in Russia's Central Federal District in Moscow was broadly flat in the week to Monday June 28 with most producers preferred to roll over their price into July amid softer trading activity while buyers assessed the impact of recently introduced export duties on the domestic market. Russia on June 25 approved export duties on 340 metal products, including hot-rolled steel, effectiv...Read More
Domestic prices for steel rebar in Russia's Central Federal district around Moscow rose in the week to June 28 on increased offers from local mills, sources told Fastmarkets.July offers from NLMK were heard at 72,500 ($1,004) roubles per tonne, up from 69,500 for June.Severstal was offering July-delivery rebar at 75,000 roubles per tonne cpt, sources said, unchanged from June.Tula Steel offered re...Read More
China's domestic rebar prices maintained their upward momentum on Monday June 28 on expectations of tighter supply, though demand was affected by rain across regions on the southern side of the Yangtze River.DomesticEastern China (Shanghai): 4,860-4,880 yuan ($752-755) per tonne, up by 10-20 yuan per tonneSteelmakers in China's steel hub of Tangshan in the northern region have been instructed to l...Read More
The biggest steel producer in the United Arab Emirates, Emirates Steel, decreased its rebar price by 55 dirhams ($14.97) per tonne with effect from Sunday June 27. The company is offering rebar at 3,012 dirhams per tonne ex-works, down from 3,067 dirhams per tonne ex-works. This is the first rebar price...Read More
Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More
Iron ore prices increased on Monday June 28 even while market participants prepare for stricter restrictions on sintering, blast furnace operations and transportation of raw materials from June 29 to July 1 in certain areas in China. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $218.62 per tonne, up $2.17 per tonne 62% Fe low-alumina fines, cfr Qingdao: $220.77 per tonne, up $2.02 per t...Read More
Seaborne iron ore concentrate and pellet prices fell in the week ended Friday June 25 due to a weaker demand outlook for steel, sources said. Fastmarkets iron ore indices Pellet premium over 65% Fe fines, cfr China: $62 per tonne, down $0.40 66% Fe concentrate, cfr Qingdao: $241.32 per tonne, down $1.31 65% Fe blast furnace pellet, cfr Qingdao: $300.81 per tonne, down $4.11 Key drivers Sentiment w...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
?>>?Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks.Michael Saylor is the CEO of MicroStrategy and a famous Bitcoin bull.Read More
Crosscurrents everywhere, nothing is clear. Is inflation really receding? 1970's all over again. A lot of it was driven by commodity price inflation. We're still going to see big inflation for years. - Inflation high but commodity price trends moderating (lumber, grains, some metals down in the past couple of months). Fed says don't worry, everything will even out. BofA says 4 years of hyperinflat...Read More
Bob begins the conversation on Joe Biden's infrastructure plan, he is now seeing resistance and is now removing certain aspects of it. People are now experiencing inflation and it will get worse as time goes on. Central banks are threatened by cryptocurrency, they know that this is an alternative currency for we the people and they are trying to steer the people away from it. The central banks are...Read More
This past weekend's Schiller Institute conference pointed the way toward an escape from the devastating consequences of the end of an imperial era, with a dialogue demonstrating the potential for sovereign nation states to cooperate for the benefit of all mankind. The Empire will not just go away quietly, though. Instead, they are engaging in one provocation after another, with special emphasis th...Read More
"The policies of America to spy on other countries, and to infiltrate elections in other countries, and to interfere in other countries through coups and overthrowsContinue...Read More
"Football is lesbian. Football is beautiful. Football is queer. Football is life. Football is exciting. Football is culture. Football is transgender. Football is queer. Football is heart. Football is Continue...Read More
CNBC's "Squawk Box" team discusses markets and the U.S. economy with Mohamed El-Erian of Allianz.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of H...Read More
00:00 Intro00:20 - Is Real Estate in a Bubble?7:50 - Where is Inflation?10:37 - Why have gold and silver underperformed the broader stock market??13:24 - Physical versus paper gold14:56 - When and how will paper price suppression end?18:59 - Is there no replacement for Silver?20:43 - The road to $10K per ounce gold and hyperinflation24:05 - Are miners undervalued and when to buy ithem?26:04 - Port...Read More