Canada-headquartered Lithium Americas has entered into a definitive arrangement agreement with Argentina-based producer Millennial Lithium to acquire all of the outstanding shares of the latter for approximately $400 million, the company said on Wednesday November 17. On November 1, Millennial Lithium announced that it had received a rival takeover bid from Lithium Americas. As such, Millennial Li...Read More
Here are five Fastmarkets stories you might have missed on Thursday November 18 that are worth another look.Swedish steelmaker SSAB has announced a further two partnerships involving its fossil-fuel-free steel, to commence in 2026, the company said in separate announcements this week.Production of key battery raw materials cobalt...Read More
By Pete SchroederWASHINGTON, Nov 18 (Reuters) - U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government within 36 hours of discovery.Separately, the banking industry said it had successfully completed a massive cross-industry cyber security drill that aims to ensure Wall Street knows how to respond in the event of a rans...Read More
Domestic prices for cold-rolled coil in Southern Europe moved down in the week to Wednesday November 17 due to limited trading activity and competitive import offers, sources told Fastmarkets.In the meantime, domestic prices in the north of Europe have been fairly stable despite a similar lack of demand.Both Southern and Northern European spot buyers have been avoiding booking significant volumes...Read More
European hot-rolled coil prices remained broadly stable on Thursday November 18 on limited trading, but sentiment for the first quarter of 2022 has turned cautiously optimistic, sources told Fastmarkets. Limited tonnages of December-rolling HRC are still available at lower prices, but for January next year mills are targeting higher levels to cover surging c...Read More
Domestic steel reinforcing bar prices in the United States increased slightly to a 13-year high, with many market participants expecting it to go up again before long.Fastmarkets' price assessment for steel reinforcing bar (rebar), fob mill US was $50.50 per hundredweight ($1,010 per short ton) on Wednesday November 18, up by 0.50% from the week before and at its highest point since the assessment...Read More
The removal of a safeguard duty on imports of steel billet into Egypt earlier this week has resulted in a revival of trading activity in the local market, with various sellers rushing to grasp the opportunity because of unfavorable situations in other areas.The Egyptian Ministry of Industry & Trade suspended the country's 10% safeguard duty on imported billet with effect from Monday November 15.Fo...Read More
Turkish long steel export prices have gone down over the past week amid poor demand from the country's major overseas destinations, market participants told Fastmarkets on Thursday November 18.Turkish steelmakers have lowered their export offers for rebar to $730-735 per tonne, down from last week's $740-745 per tonne fob on an actual-weight basis.However, the workable price...Read More
Wall St. For Main St., Released on 11/18/21Jason Burack of Wall St for Main St interviewed first time guest, Chief Investment Officer Hayman Capital Management, Kyle Bass. During this 25+ minute interview, Jason asks Kyle about a lot of global macro topics and the Chinese economy. Also about HSBC bank and Chinese real estate. Topics discussed during the interview include: if asset prices will cras...Read More
CNBC, Released on 11/18/21Jim Grant, founder and editor of Grant's Interest Rate Observer, joins 'Closing Bell' to discuss who would be a better fit as the next Federal Reserve chairman.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depressi...Read More
Italian domestic steel scrap prices increased in the month to Tuesday November 16, supported by a combination of reduced supply and strong demand, sources have told Fastmarkets.Month-on-month comparison prices have recovered by about ?,?10 ($11) per tonne. But market sources said that, taking into account that scrap prices dropped in the second half of October, the recovery since the start of Nove...Read More
Peak Prosperity, Released on 11/18/21The Fifth Circuit struck down the OSHA vaccine workplace mandates on the basis that they are a hot mess. Well, not precisely, but pretty much. Also, when we score the public health outcomes for both overall mortality and overall morbidity, so far the combined efforts of all public health agencies in the US get an "F."All-cause mortality is actually higher in 20...Read More
Rebel Capitalist, Released on 11/18/21Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.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 reven...Read More
ITM Trading, Released on 11/18/21To see Lynette's slides, research links or questions from this video: https://www.itmtrading.com/blog/when-...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker an...Read More
Stock Pulse, Released on 11/18/21In this episode of Inside The Markets, we speak with Danielle DiMartino Booth, the CEO of Quill Intelligence and former Federal Reserve Insider. We discuss inflation, property markets, rental markets, the 2022 election, and more. Want to be ready for 2022? This is a MUST-listen episode.Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC,...Read More
Sprott Money, Released on 11/18/21 (Recorded on 11/17/21)Topics0:00 - Introduction2:34 - Next head of the Fed?6:10 - Dollar collapse for average person10:03 - Best assets for the next Black Swan14:32 - Thoughts on dollar collapse being inevitable17:09 - Global fiat currency collapse20:09 - End of the American Empire22:04 - Arrival of dollar collapse and "Big Reset"24:20 - OutroKnown primarily by h...Read More
Valuetainment Economics, Released on 11/18/21Economist Danielle DiMartino Booth sits down with Keith McCullough. Keith McCullough is the CEO of Hedgeye Risk Management.Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2...Read More
David Moadel, Released on 11/18/21Contact me at [email protected]Floki Inu white paper: https://docs.theflokiinu.com/My article on Dogecoin, Shiba Inu, and Floki Inu: https://www.crushthestreet.com/cts-ne...My article on Shiba Inu: https://investorplace.com/2021/11/exp...My article on EverGreenCoin (EGC-USD): https://investorplace.com/2021/11/try...?>>?David Moadel is a trader and investor of sto...Read More
The LaRouche Organization, Released on 11/18/21We are living through what Lyndon LaRouche described as a global systemic collapse, which affects every aspect of our lives. How did this happen? By looking at two case studies, we can get a sense of who is orchestrating the collapse: the energy inflation which has been caused by deliberate actions, related to the green financial bubble and the Great...Read More
SD Bullion, Released on 11/17/21David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prol...Read More