This is classic CIA-level misdirection from what was more likely a Chinese or, dare I say it, homegrown operation for the very Continue...Read More

Investors and collectors are purchasing gold coins in record numbers during the pandemic. CNBC's Eric Chemi reports on the surge and what's causing it.Read More

Seaborne iron ore prices declined on Monday December 28 due to a downtrend in steel prices over the weekend and cold-weather concerns in China, sources said. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $163.85 per tonne,down $2.20 per tonne62% Fe low-alumina fines, cfr Qingdao: $164.50 per tonne,down $2.80 per tonne58% Fe fines high-grade premium, cfr Qingdao: $153.02 per tonne,down $1...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard on Monday December 28.Federal Antimonopoly Service of Russia (FAS) suggested the export measures to curb sharp price increases in Russian domestic long steel market, according to a letter from FAS to the Ministry of Industry and Trade...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

This second part of our special “What To Expect In 2021” article highlights our proprietary Adaptive Dynamic Learning (ADL) price modeling system and is specifically authored to help you understand where trends, price rotations, and risks may set up throughout 2021.  In the first part of this article, we covered the ES, NQ, and INDU symbols – highlighting how each one of the...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard on Monday December 28.Federal Antimonopoly Service of Russia (FAS) suggested the export measures to curb sharp price increases in Russian domestic long steel market, according to a letter from FAS to the Ministry of Industry and Trade...Read More

China imported 3.72 million tonnes of coking coal in November, down 39.7% from 6.17 million tonnes a year earlier, Chinese customs data showed.Coking coal imports in November were valued at nearly 2.2 billion yuan ($333 million), down 60.8% year on year and 42.5% month on month, according to the...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard on Monday December 28.Federal Antimonopoly Service of Russia (FAS) suggested the export measures to curb sharp price increases in Russian domestic long steel market, according to a letter from FAS to the Ministry of Industry and Trade...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 20.9% year on year at the end of November, according to data released on Friday December 25 by major Japanese trading house Marubeni Corp.Aluminium stocks at the three ports totaled 254,000 tonnes on Monday November 30, down by 67,200 tonnes from 321,200 tonnes in November 2019, according to the d...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

Sector expert Michael Ballanger maintains the "golden bull is back," and in this missive he outlines the reasons why. As this is being penned, I am seated in my den just after 7 a.m. looking out into the pitch darkness of an early December morn and the only light is a reflection off the cool waters of the lovely swamp Lake Scugog emanating from the bustling metropolis known as Port Perry...Read More

Peter Krauth explains why he believes silver is heading into a massive bull market. It's getting harder with every passing day to find cheap assets.Stocks, bonds, real estate, they're all pretty pricey. And yet, no one seems to care.Instead, the masses, and asset managers, appear determined to keep pushing them higher.In recent days, the S&P 500, the Dow 30 and the Nasdaq all set new records....Read More

Historyis full of intriguing sayings coming down to us from other cultures that informour thinking and behavior."Managinga large state is like cooking a small fish." – Lao Tzu."Astitch in time saves nine." – A 1700's sewing reference."Healingis a matter of time; sometimes a matter of opportunity." – Hippocrates.OneI especially like tra...Read More

The current year marks the 15th anniversary of the U.S. shale boom, a period in which fracking technology across such states as Texas, Colorado, New Mexico, North Dakota, and Wyoming helped establish the nation as a top oil and gas producer. Unfortunately, high costs of production compared with conventional drilling has led to the sector consistently printing red ink and resulted in considera...Read More

In 2018, before the trade war betweenthe US and China put the boots to copper demand, and covid-19 mine closures/abandoned expansion plans crimped supply, we made a bold prediction: thatcopper supply is NOT going to be able to keep up with demand in the long-term.Here’s what we wrote, in Thecoming copper crunch: Even with expansions at existingmines and the ramp-up of the relatively few new...Read More