Crude steel production in Germany fell by 10.36% year on year in March due to production cuts made to meet a drop in demand, the German steel federation, WV Stahl, said on April 23.Germany's crude steel production totaled 3.29 million tonnes in March 2020, down from 3.67 million tonnes in the corresponding period of 2019.A large number of end users, particularly automotive manufacturers, have stop...Read More

Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-24, 2020$AUN.V, $BSR.V, $CDE, $GORO, $GPL, $KL, $PG.TO, $SAND, $SILV, $SKE.V, $VGCX.TOThere has been a considerable lack of news flow recently as a result of on-going mining suspensions due to COVID-19. This should change over the next couple of weeks as companies report Q1 results. The Mexican Federal Government has ex...Read More

Dear Friend of GATA and Gold:U.S. Rep. Alex X. Mooney, R-West Virginia, is pressing the U.S. Commodity Futures Trading Commission to answer the critical questions about market manipulation the commission long has refused to answer lest it expose the U.S. government's rigging of the futures markets and especially the gold and silver futures markets.In a letter dated April 13 and made public this...Read More

Future TrajectoryJuggling ActTesting TimeThe Inflation/Deflation DebateHow High Will Unemployment Go?Puerto Rico and Missing My GymWe are looking at a world with parameters bounded by pure imagination; where we go from here is anyone's guess. Will Thomson and Chip Russell, Massif CapitalToday's letter will be another hop-around review of the crisis landscape. I'll touch on several topics instead...Read More

The Covid-19 pandemic may well provide Freeport-McMoRan with a silver lining it had never expected. The US copper producer is discussing with the government of Indonesia what should be done with the planned smelter in the Gresik region in the province of East Java. It has been forced to delay the completion timeline of December 2023 for the plant, due both to Covid-19-related disruptions to the wo...Read More

When the oil price fell into negative price territory at the start of the week ended April 24, it fueled fears that a similar situation could materialize in metals. The good news for users of the London Metal Exchange is the exchange's delivery mechanism that makes it virtually implausible, while its contract structure makes it even more unlikely. Here's why. The reason the West Texas In...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: 4-million-tonne surplus for 2020We have made further downward revisions to our aluminium demand expectations for 2020 and, although there have been smelter capacity reduction in China too, the net effect is that our forecast for the global surplus this year has swelled to 4 million tonnes, from 2.7 million tonnes...Read More

Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-24, 2020$AUN.V, $BSR.V, $CDE, $GORO, $GPL, $KL, $PG.TO, $SAND, $SILV, $SKE.V, $VGCX.TOThere has been a considerable lack of news flow recently as a result of on-going mining suspensions due to COVID-19. This should change over the next couple of weeks as companies report Q1 results. The Mexican Federal Government has exte...Read More

Global markets are contracting in the face of the Covid-19 pandemic, and the prices for flat steel products continue to retreat, with prices for coated steels down by a further 5% since late March in most of the markets that Fastmarkets tracks.The latest edition of Fastmarkets' Galvanized Steel and Tinplate Market Tracker, for April 2020, is now available to view.Further price falls are almost cer...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.The recent decline in Chinese scrap prices - to their lowest in a couple of years - even as demand rises, suggests that Chinese scrap supply is increasingly sufficient. In terms of scrap demand, the question is more about price attractiveness. Mini-mills were reducing demand in February, largely because steel margins on scra...Read More

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"Great interview with FPX Nickel's CEO Martin Turenne, providing an overview of the company's Decar #nickel project and our plans for an updated PEA in Q3/Q4 2020Thanks to @CruxInvestorhttps://t.co/sLgo5kAw3q"Read full newsRead More

"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Opens Pre-Orders for Urban Juve #HandSanitizer [https://t.co/MwyAgaBCIM]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #business #healthandwellness #platbased #covid19 #coronavirus"Read full newsRead More

Gold figures to play a starring role as a store of value as investor expectations on future inflation climb amid global stimulus efforts that have put a flood of cash into the financial system.Read full newsRead More

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

This weekend in the Globe and Mail we featured insider buying at natural gas producer Birchcliff Energy (BIR). Insiders were buying around the year-to-date stock market lows set on March 23rd. That turned out to be a great signal. Since that date, Birchcliff Energy stock is up over 130%.March is shaping up to be a potential long-term turning pointThanks to the law of small numbers kicking in, Bir...Read More