Here are five Fastmarkets stories you might have missed on Tuesday January 19 that are worth another look.Rabobank will close its commodity trade finance desks in London, Shanghai and Sydney after reviewing the embattled sector last summer.Brazilian flat steel distributors...Read More

Share this articleVANCOUVER - Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF) (Frankfurt: 2P62) sole owner of one of the last large, undeveloped salars in Argentina's Lithium Triangle, reported that it has received approval and drilling licenses for Phase Two of its three-phase drilling program on Alpha's 100% owned, 27,500-hectare Tolillar Salar.The drilling licenses replaced the previous li...Read More

Hot-rolled coil prices in the United States held steady while buyers continued to struggle in their quest for spot tonnage at the domestic mills. Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $56.86 per hundredweight ($1,137.20 per short ton) on Tuesday January 19, little-changed from $56.92 per cwt on the prior business day - Friday January 15 - and an increas...Read More

Wall Street loves a chance to make billions of dollars - as long as it makes most of the profits and transfers most of the risk. The now-popular special purpose acquisition companies (SPACs) were created just for that.Like they used to say in the Old West, when you sit down at the poker table and don't know who the sucker is, it's you.SPACs are on fire lately. They are nonoperating companies that...Read More

The domestic price for hot-rolled coil in Northern Europe inched down day on day on Tuesday January 19 due to slow market activity, sources told Fastmarkets. Both buyers and steelmakers have been holding back from making new deals, according to market participants. Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?719.00 ($868.00) per tonne on Tuesda...Read More

Rebar buyers in the UAE have done deals this week at the higher prices announced last week, but there is little demand for billet imports because producers have ample stocks, sources told Fastmarkets on Tuesday January 19.And billet import activity is likely to remain slow for another week or two, depending on local demand for rebar, they added.Domestic rebarThe country's steel producers...Read More

China's domestic rebar prices lost their upward momentum on Tuesday January 19 amid a weakening of the futures market.DomesticEastern China (Shanghai): 4,300-4,330 yuan ($662-667) per tonne, unchangedRebar futures plunged on expectations of falling demand from the construction sector in the next month due to the Chinese New Year in the second week of February, sources said.As such, sellers in the...Read More

Here are five Fastmarkets stories you might have missed on Tuesday January 19 that are worth another look.Rabobank will close its commodity trade finance desks in London, Shanghai and Sydney after reviewing the embattled sector last summer.Brazilian flat steel distributors...Read More

Mexican steel scrap prices skyrocketed in the week ended Friday January 15, with steelmakers struggling with low inventories and increasing their buying prices to secure supply.In both regions where prices are assessed by Fastmarkets, major scrap consumers applied price increases early last week, and some applied a second increase between January 15 and 18.In the region near the northern city of M...Read More

Turkish deep-sea scrap import prices have gone down once again in the latest trade heard for a US-origin cargo, sources said on Tuesday January 19.A steel mill in the Marmara region booked a US cargo, comprising 6,500 tonnes of HMS 1&2 (80:20) at $450 per tonne, 22,000 tonnes of shredded and 1,500 tonnes of bonus at $460 per tonne cfr. The deal was agreed on January 16, with the cargo scheduled to...Read More

Prices for cargoes of steel billet imported to Southeast Asia have moved down over the past week amid a continued high volume of offers in the market, with some participants on the sell-side keen to close deals sooner rather than later, sources told Fastmarkets on Tuesday January 19.Buyers, perhaps sensing this greater desperation from sellers, have continued to drop their billet bid prices and la...Read More

It's wrong to think that bitcoin leads to freedom, according to Cornell University professor Dave Collum. Freedom is often used as the reasoning behind the many benefits the cryptocurrency has to offer. In this exclusive interview with Daniela Cambone, the vocal and popular social media professor chimes in on the political unrest, warning that he is fearful of a civil war breaking out. He also tal...Read More

In this episode, I will be joined by the Bishop of Bitcoin, Max Keiser, co-host of the Orange Pill Podcast & the Keiser Report. I plan to talk w Max about Bitcoin, regulation, economics, & possibly get into some politics and more. Plus, I get Max's 2021 Bitcoin price prediction!Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial progra...Read More

DoubleLine Capital's Jeffrey Gundlach and his special guests discuss their "Financial Markets Outlook" in this segment of the second annual edition of Round Table Prime, recorded Jan. 5, 2021. Joining Mr. Gundlach are Danielle DiMartino Booth, CEO and chief strategist of Quill Intelligence; James Bianco, president and macro strategist of Bianco Research; Edward Hyman, chairman and head of economic...Read More

For Part 1 of this interview, CLICK HEREMax continues his chat with Dave Collum about his annual year in review in which he reflects back on the year that was in terms of the economy and culture. They discuss the Great Reset and a New Bretton Woods for the 50-year-old dollar.David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell...Read More

Let's talk about numbers, herd suppression, vaccines, trends in fatalities (something odd is going on there) and of course, politics. To those who say there is no option other than sulking away or violence, oh, you're wrong. I've been talking about that option, which is entirely lawful as well - just because, well, attention span. Enjoy.Karl Denninger is an American technology businessman, finance...Read More

Jason Hartman talks with Jim Richards, author of The New Great Depression. Jim shares his discoveries about the lockdown, the stock market's influence, and asset bubbles vs. asset inflation.[3:10] Political speech, what are we allowed to say?[8:30] Thou shalt maintain control.[11:45] A story about misappropriation and misleading.[23:20] You cannot understand The New Great Depression without lookin...Read More

Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More

To better understand our current situation regarding the Covid-19(84) scamdemic it is important to understand the history of how big Pharma came about, who the major players are and what their ultimate goal is. Following the first and second world wars companies like IG Farben of Germany and Standard Oil of the US began forming a cartel with the single goal of monopolizing the entire heath and wel...Read More

No speculation is needed. Those who wield power are demanding it. The only question is how much opposition they will encounter. The last two Continue...Read More