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COBALT HYDROXIDE SNAPSHOT: Payables, index up on healthy demand, rising metal price

September 03, 2019 / www.metalbulletin.com

Key data from the Friday August 30 pricing session in Shanghai and London. Key driversCobalt hydroxide payables rose in the second half of August following news that Glencore will close its copper-cobalt Muntanda mine by the end of this year.Demand increased when consumers intended to secure units before the hydroxide price...Read More

Department of Energy Backs Research into Molybdenum-99

September 02, 2019 / www.energyandcapital.com

The U.S. Department of Energy's National Nuclear Security Administration recently issued its fourth and final cooperative agreement award for FY2019 to an Oregon company for the production of molybdenum-99.What is molybdenum-99?First of all, let's talk about how to pronounce the word "molybdenum" real quick. Lots of folks stumble, but it's pretty simple: The word is four symbols and the "y" makes...Read More

New Century Resources (ASX: NCZ): Operating the Century Zinc Mine in Queensland, Australia, Becoming One of the World's Top 10 Zinc Producers; Interview with Patrick Walta, Managing Director

September 01, 2019 / www.metalsnews.com

New Century Resources (ASX: NCZ) is operating the Century Zinc Mine in Queensland, Australia, with the aim of becoming one of the world's top 10 zinc producers. After the rehabilitation process that upgraded the mine's existing world-class infrastructure, it successfully entered production in August 2018, with the goal of producing zinc in the lowest cost quartile globally, initially with the exis...Read More

CHINA HRC: Market strengthens amid surging iron ore futures

September 03, 2019 / www.metalbulletin.com

China's hot-rolled coil prices gained some strength on Monday September 2 amid rising iron ore futures.DomesticEastern China (Shanghai): 3,640-3,660 yuan ($509-511) per tonne, up 20-30 yuan per tonneNorthern China (Tangshan): 3,630-3,640 yuan per tonne, up 20-30 yuan per tonneA pick-up in trading activity propped up prices in both Shanghai and Tangshan, trading sources said.The increases were larg...Read More

CIS LONG STEEL: Weak demand, sliding billet, scrap costs sink rebar, wire rod prices

September 03, 2019 / www.metalbulletin.com

The price of rebar and wire rod exported from the Commonwealth of Independent States (CIS) dropped in the week to Monday September 2, pressured by weak demand in the major sales outlets as well as in rival markets amid increased competition and slower projects realization.Falling scrap and billet costs were another negative factor affecting steel sales and prices in the global market.Recent wire r...Read More

Egypt's biggest rebar producers keep prices stable, billet safeguard duty rises

September 03, 2019 / www.metalbulletin.com

The major Egyptian rebar producers have kept their rebar prices unchanged for orders to be placed in September, market sources told Fastmarkets on Monday September 2.The country's biggest producer, Ezz Steel, is offering rebar at E ?11,890 ($718) per tonne ex-works, Beshay Steel is offering rebar at E ?11,830 per tonne ex-works and El-Marakby Steel's price is E ?11,580 per tonne ex-works. All thes...Read More

Ample supply sends rebar import prices down further in Singapore

September 03, 2019 / www.metalbulletin.com

Import prices for rebar in Singapore continued to fall over the past week amid intensifying supply pressures.The weekly Fastmarkets price assessment for steel reinforcing bar (rebar) import, cfr Singapore - which mainly looks at cargoes sold into Singapore on a theoretical-weight basis - was $465-475 per tonne for the week to Monday September 2, widening downward by $10 per tonne from a week earli...Read More

DAILY SCRAP REPORT: Mills pause bookings despite recent price falls

September 03, 2019 / www.metalbulletin.com

The Turkish steel producers have started the week quietly, and have not booked any new deep-sea scrap cargoes despite a heavy drop in prices last week, sources said on Monday September 2.The markets have been silent since August 27, when prices dropped by $11.55 per tonne day on day on news of the latest trades.Since then, however, traders have stepped back...Read More

TURKEY FERROUS SCRAP: Prices fall on downbeat demand

September 03, 2019 / www.metalbulletin.com

Domestic prices for auto bundle steel scrap and shipbreaking scrap in Turkey have decreased because of poor demand, sources said on Monday September 2.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,520-1,770 ($260-303) per tonne on September 2, widening downward from last week's TRY1,580-1,770 per tonne.A number of steel mills have dec...Read More

IRON ORE DAILY: Iron ore prices move back above $90/t

September 03, 2019 / www.metalbulletin.com

Physical iron ore prices surged on Monday September 2 on news that Chinese mills were likely to face 'looser' production restrictions in the September-October period.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.58 per tonne, up by $5.92 per tonne.62% Fe Pilbara Blend Fines, cfr Qingdao: $90.97 per tonne, up by $5.93 per tonne.62% Fe low-alumina fines, cfr Qingdao: $87....Read More

Andrew Yang Debunked: Free Stuff Is Not Freedom

September 02, 2019 / marketsanity.com

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

How to Make Money in Natural Resources in Today's Market with Doug Casey

September 01, 2019 / marketsanity.com

Stock News Network spoke with Doug Casey, Founder of Casey Research, at the Sprott Natural Resource Symposium 2019 in Vancouver, BC.Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specif...Read More

Egypt's biggest rebar producers keep prices stable, billet safeguard duty rises

September 03, 2019 / www.metalbulletin.com

The major Egyptian rebar producers have kept their rebar prices unchanged for orders to be placed in September, market sources told Fastmarkets on Monday September 2.The country's biggest producer, Ezz Steel, is offering rebar at E ?11,890 ($718) per tonne ex-works, Beshay Steel is offering rebar at E ?11,830 per tonne ex-works and El-Marakby Steel's price is E ?11,580 per tonne ex-works. All thes...Read More

We Could See Huge Premiums In Retail Silver Again w/ David Morgan

September 02, 2019 / marketsanity.com

David 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 prolific author, having penned Get t...Read More

Beware (And Prepare): The American Empire Is Collapsing

September 02, 2019 / marketsanity.com

When empires fall, they do not go down gracefully. The collapse is sudden and the consequences are permanent. Like the schoolyard bully who is finally defeated, his former victims and enemies revel in his fall. The US empire is now teetering on such a collapse. The signs are all around us. Aggressive US foreign policy, self-destructive monetary policy that debases the currency and hides inflation,...Read More

Absolutely Nothing Was Learned From The 2008 Financial Crisis - Jason Burack

August 31, 2019 / marketsanity.com

With so many global problems with even more debt, credit and corruption looking back over a decade later, it can definitely be said that absolutely nothing was learned from the 2008 financial crisis.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to h...Read More

Wolf Richter: Here's What I'm Worried About. It's Not a Recession

September 01, 2019 / marketsanity.com

A rout in the hyper-inflated bond market can blow up everything.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a...Read More

Colorado teen suspended from school after target practice with mom

August 30, 2019 / marketsanity.com

A report had come in to the police department about the video and they were told Nate was a threat. After showing the videos to the police officers and Continue...Read More

Dave Chappelle Gets ZERO Percent On Rotten Tomatoes, Leftist Media Has Become Cultish And Humorless

September 01, 2019 / marketsanity.com

Dave Chappelle Gets ZERO Percent On Rotten Tomatoes, Media Has Become Cultish And Humorless. His Netflix special was definitely pushing the line as far and as hard as it could. Many jokes seem to have been meant to target woke outrage from the far left.It seemed like a provocation, Dave Chappelle intentionally decided to cross the line with edgy humor, and we all predicted what would happen.Critic...Read More

Ray Dalio warns of 'serious problems' and a bond 'blow-off' as a repeat of the late 1930s looms

August 30, 2019 / marketsanity.com

"If/when there is an economic downturn, that will produce serious problems in ways that are analogous to the ways that the confluence of those three influences produced serious problems Continue...Read More

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