After the Trump Justice Department sued Yale following the results of a 2-year Civil Rights investigation which found "long-standing and ongoing" race-based discrimination, Continue...Read More

Now that we have entered the new world of diversity, inclusion and equity, the acronym DIE aptly applies. While schools have long been involvedContinue...Read More

"I believe this is a paradigm shift right now. The little guy finally is equipped. Information travels instantly now. It used to be only Continue...Read More

From the Reddit traders thinking they can take on the big bank silver shorts, to silver bullion dealers getting wiped out of their inventory, and to the wild price swings to the tune of many dollars per day, it has been one wild rollercoaster ride in silver lately!And If you're on this ride, you'll want to make sure the person you are sitting next to not only likes this kind of stuff, but perhaps...Read More

The Japanese export scrap market has bounced off the floor to record higher prices over the past week following an effort from suppliers to resist new sales, sources told Fastmarkets on Wednesday February 3.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?36,000-38,000 ($343-362) per tonne on Wednesday, up by ?1,500-3,000 per tonne from ?33,000-36,500 per tonn...Read More

Iron ore prices edged up on Wednesday February 3, supported by an increase in inquiries from steel mills intending purchase, although trading activity was still limited, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $152.65 per tonne, up $2.85 per tonne62% Fe low-alumina fines, cfr Qingdao: $152.90 per tonne, up $2.53 per tonne58% Fe fines high-grade p...Read More

Chinese rebar buyers are stepping away from the market to start their holidays for Chinese New Year, leaving trading activity muted and the domestic price unchanged on Wednesday February 3. Domestic Eastern China (Shanghai): 4,280-4,300 yuan ($663-666) per tonne, unchanged Both end users and stockists have finished stocking up on inventory for consumption after the holiday that officially ends on...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday February 3. Key drivers European titanium scrap markets resumed price increases over the week on tightening supplies. Both low and high tin content turnings are particularly hard to source, with other feedstock to make ferro-titanium, such as vacuum-grade and sponge, also pushing higher as alternative feeds are sought.Scrap price g...Read More

Prices for steel hollow sections in Europe remained unchanged this week after feedstock prices begin to plateau following a period of upward movement, sources told Fastmarkets on Wednesday February 3.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?850-870 ($1,022-1,046) per tonne on Wednesday, unchanged week on week.After weeks of increases for...Read More

Turkey exported 5,451,349 tonnes of flat steel products in 2020, a decrease of 2.82% compared with 5,609,697 tonnes in 2019, according to the Turkish Statistical Institute (TUIK).The country exported 566,436 tonnes of flat steel in December 2020, a 121.59% increase year-on-year compared with the 465,853 tonnes exported in December 2019, the institute said in a recent statement.The main reason for...Read More

A summary of Glencore's 2020 full-year production report for the coal sector, released on Wednesday February 3, 2021.In brief In the second half of 2020, Glencore started various proactive market-related supply reductions in relation to coal production from Australia. The company has maintained its full-year 2021 guidance for coal production at 109-117 million tonnes, however, there will be cautio...Read More

A scheme in India to retire and tax older vehicles will increase the supply of scrap to its domestic market, if its implementation goes ahead after years of false starts, market sources told Fastmarkets.On January 25, the Union Minister for Road Transport and Highways, Nitin Gadkari, approved a proposal for a green tax on older vehicles and the scrapping of some vehicles, a government document sho...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 3 that are worth another look.ArcelorMittal Italia has resumed operations at blast furnace (BF) No2 and coke battery No9 at its Taranto steel plant in the south of Italy, the producer said on February 3.Rio Tinto...Read More

Hot-rolled coil prices in the United States have remained in the $57- to $58-per-hundredweight ($1,140- to $1,160-per-short-ton) range, with most market participants indicating that the market has not yet reached its tipping point.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $57.68 per cwt ($1,153.60 per ton) on Wednesday February 3, down by 0.22% from $57.81 per c...Read More

Treatment charges for both zinc and lead concentrates fell in the last week of January 2021, moving for the first time since November 27 last year, in Fastmarkets' latest assessments.Market sentiment played a large part in driving TCs lower, because even with most producers recovering from the effects of the Covid-19 pandemic on the mining of zinc and lead, significant tenders were concluded at sh...Read More

Prices for steel hollow sections in Europe remained unchanged this week after feedstock prices begin to plateau following a period of upward movement, sources told Fastmarkets on Wednesday February 3.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?850-870 ($1,022-1,046) per tonne on Wednesday, unchanged week on week.After weeks of increases for...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 3 that are worth another look.ArcelorMittal Italia has resumed operations at blast furnace (BF) No2 and coke battery No9 at its Taranto steel plant in the south of Italy, the producer said on February 3.Rio Tinto...Read More

The frenzy of buying activity in silver, attributed to a group of retail investors using the Reddit forum r/WallStreetBets and other social media sites, is waning.The silver surge - which began on January 27 and saw the price of the industrial metal soar to an eight-year high of more than $30 per oz before slipping to just below $27 per oz by Tuesday January 2 - followed a phenomenal upswell in th...Read More

Sector expert Michael Ballanger ruminates on how the storming of the U.S. Capitol has affected both America's reputation and the precious metals markets, as well as on the value of "value."The events of this week are dominating the news cycle, with a sitting president days away from being replaced while Congressional and Senatorial leaders debate whether he should be impeached immediatel...Read More

Below is our long term goldforecast, it continues to be bullish on a monthly basis, despite the turbulenceof 2020 gold has performed well and a pause for a few months is entirelyreasonable given the speed of its initial acceleration. As you can see from our monthlychart, gold is clearly at significant levels - hovering around the 2011 highs, theunderlying structure of the market is still very posi...Read More