The Chinese indium market jumped by 10.2% on Wednesday January 10, according to Metal Bulletin's weekly assessment, after exchanges prices soared. Chinese domestic indium prices were assessed at 1,650-1,800 yuan ($254-277) per kg on Wednesday, up from 1,550-1,580 yuan per kg previously. The price jump was attributed to increased purchases from investors on the Wuxi Stainless Steel Exchange fo...Read More
The Turkish deep-sea scrap market remained silent on Monday January 15 because of limited supplies and poor demand from the Turkish steel mills.The mills have booked a number of deep-sea cargoes for February, but were still expected to book more for the month.However, the supply of material, especially from the United...Read More
Turkish domestic scrap prices have continued to increase in line with rising imported scrap values, sources said on Monday January 15.A number of steel mills in the country have raised their buy prices for auto bundle scrap by TRY10-35 per tonne over the past week.Alloy long steel producer Asil ??elik raised its buy price for the...Read More
Strong demand, tight supply and higher London Metal Exchange aluminium prices have abruptly pushed European secondary aluminium alloy prices to a nine-month high, where they could stay for the coming weeks.Metal Bulletin assessed the price of DIN226-grade material, duty-paid, delivered in Europe, at ?,?1,800-1,850 ($2,158-2,218) per tonne on Friday January 12. This is up from ?,?1,770-1,820 per to...Read More
Base metals prices on the London Metal Exchange are stronger across the board this morning, Monday January 15, with the complex up by an average of 1.2%. Copper ($7,248 per tonne) and nickel ($12,905 per tonne) lead the advance with rises of 1.9%, while tin lags behind with a 0.1% gain to $20,300 per tonne. Volume has been high with 13,854 lots traded, with 6,586 lots of that being copper. The pre...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Braveheart Resources Inc. (TSXV: BHT) Announces Financing Toronto, Ontario - January 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces that further to the press release of...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop International Battery Metals Ltd. (CSE: IBAT) Provides Update on North American Lithium, Inc. Binding Letter of Intent Vancouver, British Columbia - January 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) International Battery Metals Inc. (CSE: IBAT)...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cruz (TSXV: CUZ) Commences Operations on BC Cobalt Prospect Vancouver, British Columbia - January 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2DMG8) ("Cruz" or the "Company") has commenced op...Read More
The darkest time in American history.I saw someone refer to the Trump Presidency as “possibly the darkest time in American history.” I’ve heard some iteration of that many times from people still in a frenzy over the Trump Administration.I’m not a big Trump fan. I wasn’t a big Obama fan either. But their presence in office did not and does not hang over my life like a...Read More
Bob Moriarty ArchivesJan 15, 2018Columbus Gold has received the final approval for the spinout of Allegiant. Any Columbus Gold share holders as of an effective date of January 19th will get a bonus of 20% of the number of Columbus Gold shares they own as of that date.I wrote about the dealon December 6th but had been given an incorrect date. You want to own the shares as of the 19th.Allegiant is a...Read More
Russian producers have significantly increased their prices for hot- and cold-rolled steel sheet from January production for domestic buyers, amid favorable export market sentiment.Buyers also expect that this week mills will increase their prices again, when they start offering February-rolled material."I suppose we will see another 4-5% price increase soon, because mills say that they are export...Read More
Exporters of CIS-origin hot-rolled coil (HRC) and cold-rolled coil (CRC) increased their prices after the new year holiday period amid short-term price growth for material of Chinese origin."Producers increased their prices a lot at the wrong time, when consumers are not ready to accept them because Chinese prices are going down again," a trader told Metal Bulletin on Monday January 15.Metal Bulle...Read More
Featured GuestsBill Murphy & Arch CrawfordShow HighlightsBill Murphy of GATA.org, returns with extremely bullish comments on the PMs. Millions of new Bitcoin millionaires may convert a fraction of their digital wealth for something tangible resembling Bitcoin that they can hold in their hands - gold bullion. Stacey Herbert and Max Keiser of the Keiser Report on RT recommend gold and continue to...Read More
Europe could face a deluge of steel imports previously destined for the United States if Donald Trump's 232 investigation leads to strict import duties on steel products, German steel association WV Stahl has warned. EU tariffs on imports of cold rolled coil (CRC) from Russia and China led to prices for the material jumping in European domestic markets in 2017, while Russian producers lost ma...Read More
In Part II we examine why in 2018 we will see "Accelerating Social Change". Though there are many reasons the video focuses on four drivers which are accelerating Social Change with the aid of 12 supporting slides. http://gordontlong.com/ Read More
Somewhere out there is an event or major trend change that will take gold from 1300 to 10000. Then the COT (commitment of traders report) won't matter. You don't want to go all in on a minor technical move that causes you to miss the big move. If you miss it you'll feel stupid for the rest of your life. That's why it's so important to retain your physical holdings as an insurance policy for the in...Read More
By Jordan Roy-Byrne CMT, MFTA The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes to Gold we are always analyzing the reason behind the moves s...Read More
Jiyashi Steel, located in 6th October city just outside Cairo in Egypt, started producing rebar on Saturday, October 13, the Arab Iron & Steel Union (AISU) said. The company will produce 240,000 tonnes per year in the first stage of operation, after an initial investment of E ?500 million ($28.21 million) in the facility. Another 360,000 tonnes...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12January 15, 2018This Time is DifferentEight Centuries of Financial Folly -Carmen M. Reinhart & Kenneth S. Rogoff This time is different. It has a nice ring to it. It is also a mantra we have heard many times. Financial crises are something that happens to other people, in othe...Read More
Egypt's El-Garhy Steel is working with an investment bank on an initial public offering (IPO) that will advance its plans to put up 25% of its shares for trading on the country's stock exchange in the second half of 2018, it said on Sunday January 14.It announced its plans to be listed on the exchange in August 2017.El-Garhy plans to increase its production capacity to 2.4 million tonnes...Read More