Base metals prices on the London Metal Exchange were mixed on the morning of Friday November 12, but those on the Shanghai Futures Exchange were mainly firmer while they followed Thursday's strong gains on the LME.Geopolitical tensions rise after the United States warns the European Union that Russia might invade Ukraine.Given the EU has become rather dependent on Russian natural gas, Russia may f...Read More
An overview of the energy transition raw materials markets and their price moves in the week to Friday November 12.Zihao Li, Yingchi Yang and...Read More
"Previously, Algoma Steel was buried in red tape, facing unpredictable skyrocketing hydro costs, and struggling to stay competitive, keep the lights on, and support current and retired workers," said Ross Romano, MPP for Sault Ste. Marie. "Early in our mandate, our government stepped up for the nearly 9,000 retired steel workers by protecting their pensions and providing $60 million in financing t...Read More
Seaborne lithium carbonate prices continued to rise in East Asia on the strength of the Chinese market in the week to Thursday November 11, with tight spot supply providing additional support.?EUR? Battery-grade lithium carbonate prices in East Asia's seaborne market catching up with prices in China; lithium hydroxide prices stable.?EUR? China's lithium prices steady ahead of next round of month-e...Read More
Share this article VANCOUVER - Victoria Gold Corp. [VGCX-TSX; VITFF-OTC] released its third quarter and year to date 2021 summary financial and operating results from its 100%-owned Dublin Gulch gold property in central Yukon Territory, Canada, approximately 375 km north of Whitehorse, and approximately 85 km from the town of Mayo. The property is accessible by road year round, and is located wit...Read More
Brazilian domestic flat steel prices dipped in November after a series of discounts and amid weakening market demand.Steel producers started granting discounts on spot prices for coil in late September and October, which sparked a fight for market share among sellers, leading to additional price reductions.Fastmarkets' monthly price assessment for steel hot-rolled coil, domestic, monthly, exw Braz...Read More
Prices for flat-rolled steel products imported into South America fell further in the week to Friday November 12 amid lower offers from China and weakening demand from clients on both coasts of the continent, market participants have said.January-shipment negotiations had not yet gained traction, with buyers holding back in anticipation of even cheaper offers and with traders concerned about booki...Read More
Local and export prices for hot-dipped galvanized coil decreased in Turkey in the week to Friday, November 12, with buyers holding back in anticipation of further price falls, sources told Fastmarkets.Demand for color-coated coil in the domestic market, meanwhile, improved because of low stock levels at end users, the sources added.Domestic pricesFastmarkets' weekly price assessment for steel HDG...Read More
Domestic prices for steel rebar have been reduced in Brazil for November orders, with previous discounts from mills consolidating at even lower levels, Fastmarkets heard on Friday November 12.Market participants were still seeing room for a price increase given the much higher import offers, and there were reports of some attempts for a 7% rise, but delivery at stable prices until the year-end was...Read More
Steel wire rod prices were largely unchanged in the week ended Friday November 12, but mills are mulling an attempt to increase offers for December, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland was stable at 3,850-3,950 zloty ($954-979) per tonne on November 12.Trading during the assessment period was slower than the...Read More
Domestic steel rebar prices in Poland held stable during the week to Friday November 12 amid slower buying activity, sources told Fastmarkets.Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, exw Poland was unchanged week on week at 3,700-3,750 ($917-929) zloty per tonne on Friday.Trading activity was rather slow over the past seven days, partially due to a shorter working...Read More
Last year, the COVID-19 pandemic killed my Christmas, and Christmas for many other Americans...Americans who, after months of isolation, were dying for a little normalcy... a little human contact.In my case, the holiday season last year was hands down the worst I've ever experienced. You see, my family and I are close - very close. The holidays are always special, filled with great memories of o...Read More
The market for pig iron exports from the south of Brazil remained stable during the week ended Friday November 12 due to limited trading.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $500-510 per tonne on Friday, unchanged week on week.Read More
The United Kingdom inter-merchant light-iron steel scrap spot price was steady for the second consecutive week as of Friday November 12, with tight supplies from lower scrap generation and competitive dockside trading supporting the British domestic market, trade sources said.The UK market has also garnered support from domestic monthly prices into British steelworks that settled ?20-25 ($27-33)...Read More
A wide gap between bids and offers in the major deep-sea markets for ferrous scrap prevented deals being made for much of the week ended Friday November 12, sources have told Fastmarkets.?EUR?Turkey steelmakers struggle to buy December-delivery scrap?EUR?US suppliers resist lower bids amid tight supplies?EUR?Vietnam quiet amid volatile markets?EUR?Bids, offers remain far apart in cfr China market?...Read More
Another sharp drop in the Chinese domestic ferrous markets this week has created further pessimism in the market that import prices may continue to drop, although fundamentals have remained much more solid in Southeast Asia, sources told Fastmarkets on Friday November 12.Local rebar and billet prices crashed again this week amid weak futures markets, led by a dismal performance in coal contracts,...Read More
Kinesis Money, Released on 11/12/21This week, Andrew Maguire sits down with hedge fund manager and mining stock specialist, Dave Kranzler, for a deep dive into the precious metals markets. The pair discuss the impact of retail silver buying on the market; the future of gold and silver premiums and industry predictions of a severe silver supply deficit in years to come.00:00 Start01:06 Silverfest 2...Read More
THE EARLY STAGE INVESTOR, Released on 11/12/21 (Recorded on 11/11/21)00:00 - Stock market melt up into year end?5:13 - Are we repeating the Japanese Experiment?6;45 - What happens when the stock market crashes and why will It happen?15:22 - Does Stagflation come after the crash?20:55 - Why David Think's we won't have rampant inflation in the near term25:10 - Watch for another buying opportunity in...Read More
AL - Twitter, Released on 11/11/211/ An unvaccinated & unmasked student at @WesternU got arrested whilst he attended his engineering lecture. Not a single student in his class said or did anything to stop this. How have we as a society reached this point?@jordanbpeterson @GadSaad @RubinReport #Canada #Ontario pic.twitter.com/od0Ei5LiXZ- AL (@Metabo_PhD) November 11, 2021 Canadian fascism on full d...Read More
TradersChoice.net, Released on 11/12/21Gregory 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 Co...Read More