Fastmarkets MB is inviting feedback on its audited non-ferrous price assessments and indices, as part of its annual methodology review, in compliance with IOSCO principles for price reporting agencies (PRAs). The consultation, which is open until October 31, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for the alumina, a...Read More

Share this article VANCOUVER - GoldMining Inc. (TSX: GOLD; OTCQX: GLDLF) has been approved for listing and trading on the NYSE American. The Company expects that its Common Shares will commence trading at market open on the NYSE American on October 6, 2020 under the symbol "GLDG" and will be delisted from the OTCQX.The Common Shares will continue to trade on the Toronto Stock Exchange under the t...Read More

Joel Jackson was born in Mississippi.His father was a deadbeat and his mother was a heroin addict.At 8 years old, Joel was responsible for looking after his younger siblings while his mother would disappear for days at a time.At 10, he was placed in foster care, and at 15, he was homeless.But despite being dealt a crappy hand in life, Joel managed to survive.He went to school, mostly because that'...Read More

Here are five Fastmarkets stories you might have missed on Thursday October 1 that are worth another look.The fast steel market recovery seen in Brazil in the past few months has led the country's steelmaker association, Instituto A??o Brasil, to revise its forecasts for 2020 up significantly from previous expectations set...Read More

Domestic prices for hot-rolled coil in Europe were fairly stable day on day on Thursday October 1, with buyers holding back from making new deals until the market trend became clear, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?490.77 ($575.37) per tonne on Thursday, down by just ?,?0.14 per tonne from ?,?490.91 per ton...Read More

Domestic prices for cold-rolled coil in Europe were fairly stable in the week to Wednesday September 30, with long lead times pushing buyers into backing away from new deals, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel CRC, domestic, exw Northern Europe, was ?,?560-590 ($657-692) per tonne on September 30, compared with ?,?560-580 per tonne a week earlier.The asses...Read More

Domestic reinforcing bar prices and demand in the United States were stable week over week, sources told Fastmarkets. Fastmarkets' price assessment for steel reinforcing bar (rebar), fob mill US held at $29.75 per hundredweight ($595 per short ton) on Wednesday September 30, down by 0.8% from $29.50-30.50 per cwt at the beginning of the year.US marketOverall market dynamics held steady heading int...Read More

The fast steel market recovery seen in Brazil in the past few months has led the country's steelmaker association, Instituto A??o Brasil, to revise its forecasts for 2020 up significantly from previous expectations set in July.Full-year apparent steel consumption is now expected at 20 million tonnes, a 4.7% drop from 20.98 million tonnes in 2019. The previous estimate was for 17.96 million tonnes,...Read More

A summary of the financial results for Egypt's biggest steelmaking group, Ezz Steel, for the period from January 1 to June 30, 2020.In briefEzz Steel said that its net sales were down because of, "the suspension of new building permits in particular and the drop-in construction activity in general."Egypt imposed a domestic construction ban on May 25, however, the...Read More

Turkish deep-sea scrap import prices fell after news of a Baltic Sea cargo being sold into Turkey came to light on Thursday October 1.A steel mill in the Marmara region booked the Baltic Sea cargo, comprising 14,000 tonnes of HMS 1&2 (80:20) at $292 per tonne, 12,000 tonnes of shredded at $297 per tonne and 10,000 tonnes of bonus at $302 per tonne cfr.The date of the transaction, however, was...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese blast furnace (BF) utilization rates have stagnated and iron ore port stock volumes are rising, reaching their highest levels since March, which suggests that iron ore supply is becoming excessive while demand is not growing. Unsurprisingly, prices dropped last week and we expect the trend to continue. The market has...Read More

The spread between the seaborne 62% and 65% Fe fines iron ore prices widened again in September reflecting a decision by Chinese steel mills to use a more cost-efficient blend of high grades with low grades. The average of Fastmarkets' daily 65% Fe Brazil-origin iron ore index rose by 3.8% to $136.50 per tonne cfr Qingdao in September, while the daily 62% Fe index was up by 0.5% to $123....Read More

The standstill in the CIS export market for steel billet has continued on a disparity between offers and bids, sources told Fastmarkets on Thursday October 1.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was calculated at $409 per tonne on Thursday, up by $1 per tonne day on day, but stable week on week.Offers from producers varied within the range of $410-420 per tonne fob Bl...Read More

NYU Stern Business School Professor Nouriel Roubini, discusses global deflationary pressure from the coronavirus pandemic, the issues he sees as risks to markets, and tensions in the Middle East.Part 1 (part 2 below)NYU Stern Business School Professor Nouriel Roubini discusses the "severe" market risks he sees from the U.S. presidential election.Part 2Nouriel Roubini, a professor at NYU's Stern Sc...Read More

SBTV's guest this week is G. Edward Griffin, author of the bestseller 'The Creature from Jekyll Island: A Second Look at the Federal Reserve'. It is time for those who are unaware to realize how evil the Federal Reserve System is and how it has led the world down the path of modern slavery.Discussed in this interview:01:25 Thoughts after visiting the Federal Reserve room on Jekyll Island04:58 How...Read More

Jordan Roy-Byrne joins me today to share an analog chart comparing the current correction in GDX to the corrections from 2003, 2006, and 2009. We also discuss the types of gold stocks that Jordan thinks provide the best value and upside potential.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold...Read More

Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., for 17 years. Rand has been a vocal advocate for term limits, a ba...Read More

Polish ferro-silicon producer Huta Laziska is set to produce a volume close to its capacity for 80,000-90,000 tonnes per year of standard-grade ferro-silicon (Si 75%) this year, amid signs of a rise in European spot prices, an industry source has told Fastmarkets.Huta Laziska has made only minor adjustments to its output so far in 2020, due to annual planned maintenance measures that have meant on...Read More

Stock market finishes the worst September since 2011.Silver down on the month, but outperforms stock market on the quarter.Stephen Roach speculates 35% collapse in the US dollar in 2021.Paying taxes is nobody's patriotic duty.Home appraisers aren't racist.Democrats pissed they can't put black people deeper into debt.Biden wins the first debate by simply proving he's not senile.Trump defends the in...Read More

"This isn't just a scandal about Democrat projection, this is a scandal about what was a coup planned against the incoming administration at the highest levelsContinue...Read More