I want to live a very long and healthy life.Who doesn't? Right?This is why I exercise regularly, maintain a healthy diet, and meditate every morning.Although the latter is something I haven't been doing very long, I've definitely noticed an improvement in my overall mood and stress relief.Interestingly, as I've learned more about meditation and have joined a number of meditation groups, I've not...Read More

Domestic prices for hot-rolled coil in Europe were fairly stable day on day Thursday October 8 as buyers held back from making new deals, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?496.35 ($583.31) per tonne on October 8, down by ?,?1.15 per tonne from ?,?497.50 per tonne on Wednesday October 7.Still, the index wa...Read More

Reinforcing bar steel prices and demand in the United States were steady week on week, market participants said. Fastmarkets' price assessment for steel reinforcing bar (rebar), fob mill US held at $29.75 per hundredweight ($595 per short ton) on Wednesday October 7.US market"I don't see any downward pressure," a mill source said. "We expect steady to up on prices."Indeed, prices for shredded auto...Read More

Turkish domestic long steel prices have been giving mixed signals between the effects of falling scrap costs and the weakening of the country's lira, sources said on Thursday October 8.Domestic rebar prices have gone down due to weak demand and the negative sentiment in the scrap markets, despite the weakening lira pushing them upward.Fastmarkets' weekly price assessment for steel reinforcing bar...Read More

Steel billet and rebar prices were stable in Egypt in the week to Thursday, October 8 while demand failed to improve because buyers were expecting prices to fall, sources told Fastmarkets.Demand for rebar and billet has been slow in the country since the imposition of a construction ban on May 25. Although, the Egyptian government decided to ease the rules of the ban on September 29.Buying was wea...Read More

Turkish steel mills broke their silence in the deep-sea scrap market on Thursday October 8, booking two cargoes after achieving lower prices, sources told Fastmarkets.A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $285 per tonne and 25,000 tonnes of shredded at $290 per tonne cfr.The same mill also booked a Baltic Sea cargo, consist of 24,000.....Read More

ArcelorMittal will permanently close its Krakow steelworks' hot area due to the dramatic effects of Covid-19 on the European steel market, but coke plant and rolling mills will remain operational, the company said on Thursday October 8. ArcelorMittal said that despite the recent rebound in steel demand in Europe, it remains considerably below pre-pandemic levels. "The Covid-19 pandemic has had unp...Read More

Prices for steel scrap imported into Bangladesh in containers have gone down again over the past week, while those for bulk cargoes were steadier, market participants told Fastmarkets on Thursday October 8.Weaker scrap market sentiment across the globe in recent weeks, combined with unfavorable Bangladeshi steel prices, has led to mills in the country presenting scrap sellers with cheap bids over...Read More

ArcelorMittal will permanently close its Krakow steelworks' hot area due to the dramatic effects of Covid-19 on the European steel market, but coke plant and rolling mills will remain operational, the company said on Thursday October 8. ArcelorMittal said that despite the recent rebound in steel demand in Europe, it remains considerably below pre-pandemic levels. "The Covid-19 pandemic has had unp...Read More

Here are five Fastmarkets stories you might have missed on Thursday October 8 that are worth another look.The European Commission (EC) has set definitive anti-dumping duties on imports of hot-rolled flat stainless steel products from Indonesia, China and Taiwan, it announced in a document published on Tuesday October 6.Read More

Dr. Peter Megaw, MAG Silver's chief exploration officer, has been waiting for decades to explore the Deer Trail Mine area. Deer TrailMAG Silver Corp. (MAG:TSX; MAG:NYSE A), known for its high-grade Juanicipio silver project in Mexico that it is developing with Fresnillo Plc, is branching out with an earn-in agreement to acquire 100% of the Deer Trail Project in Utah.The company has consolidated l...Read More

Adrian Day and the leadership teams of three precious metals royalty companies discuss their upcoming catalysts and events.Adrian Day, London-born and a graduate of the London School of Economics, heads the money management firm Adrian Day Asset Management, where he manages discretionary accounts in both global and resource areas. Day is also sub-adviser to the EuroPacific Gold Fund (EPGFX). His l...Read More

Drilling at Scottie Resources' properties returned results as high as 2.53 meters of 109.4 g/t gold and 32.4 g/t silver. In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced that initial results from its 2020 exploration program at its British Columbia properties, specifically the O-Zone and Blueberry, show the drill bit continuing to intersect high-greade gold and silver mineralizat...Read More

Dolly Varden Silver hits "intercepts with consistent, strong silver mineralization, significant thickness and areas of very high-grade silver," including 1,240 g/t silver over 16 meters. Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced in a news release the results from stepout and infill drilling at its Torbrit silver property in British Columbia."We are pleased to see stepout drill...Read More

Caldas Gold Corp.'s estimate for its Juby Gold Project in northeastern Ontario is based upon results from a recently filed NI 43-101 technical report. In a news release, Caldas Gold Corp. (CGC:TSX.V; ALLXF:OTCQX) announced that it has completed an updated mineral resource estimate (MRE) for its Juby Gold Project (Juby), prepared in accordance with NI 43-101 standards.The company highlighted that...Read More

Fremont Gold reported it plans to drill a minimum of 1,500 meters during its fall drill program at its North Carlin Project in Nevada. The company will discuss the plans in greater detail during an open access webinar scheduled for 11:15 am EDT on October 8. Fremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) announced today in a news release, that the company "plans to drill the North Carlin gol...Read More

Mexican automotive production dropped by 5.50% year-on-year in September 2020, with the country's output only gradually recovering from the effects of the Covid-19 pandemic, according to national automotive association Amia.The country assembled 301,426 light vehicles in September, down from 318,906 units in the corresponding month in 2019.Compared with August, however, production increased by 2.7...Read More

In the five months between March and August this year, the price of silver increased from a fourteen-year low of $11.77 per ounce to a seven-year high of $29.26. That is a whopping gain of one hundred sixty-three percent.Meanwhile, gold’s price rose from its low of $1472 per ounce to a recent high of $2061. That represents a gain of forty percent, which is certainly a handsome number. N...Read More

Here are five Fastmarkets stories you might have missed on Thursday October 8 that are worth another look.The European Commission (EC) has set definitive anti-dumping duties on imports of hot-rolled flat stainless steel products from Indonesia, China and Taiwan, it announced in a document published on Tuesday October 6.Read More

Recent sentiment toward the yellow metal matched peak 2011 levels You may recall investor optimism that attended gold's then record high of $1921.50 in September 2011.A Gallup poll from that time period captured the prevailing sentiment. The Sept. 2, 2011 Elliott Wave Financial Forecast said a monthly publication which provides forecasts for major U.S. financial markets, said:Perhaps the stronges...Read More