Tantalum prices have found support due to tightness of supply and concerns about obtaining material during the continued lockdowns in central African countries imposed to control the spread of the Covid-19 pandemic.Prices have been moving up over the past month, with buyers struggling to find cheap prompt units due to the increased worries about the future availability of material, market sources...Read More

Mexican steel scrap prices decreased in the week ended April 17, with some buyers applying the first round of a series of price cuts planned for the month, and a second group of buyers keeping their prices stable.In Mexico's central Baj?-o region, steelmakers applied price cuts of 200-400 pesos ($8-17) per tonne last week, and have announced a second round of price cuts of 200 pesos per tonne to s...Read More

The Turkish steel producers went through the second working day of the week with no deep-sea bookings and they were expected to remain quiet for the rest of the week, sources said on Tuesday April 21.The mills in the country booked at least seven deep-sea cargoes last week, totaling almost 220,000 tonnes.Market participants believed that those cargoes will be enough to cover mills' urgent needs."I...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Tuesday April 21, and Asian-Pacific and pre-market major western equity indices were weaker too. On Monday we had thought poor corporate earnings data had the potential to rattle markets, but it seems that negative oil futures prices were the catalyst that caused traders concern. The soon-to-exp...Read More

The lockdowns imposed due to the Covid-19 pandemic were offering automotive manufacturers a rare opportunity to take a step back and to re-evaluate their long-term strategies, the chief executive officer of Eurasian Resources Group has said.Benedikt Sobotka said that although the world is currently facing distressing times, it was also a chance to restructure supply chains and to take more decisiv...Read More

Chinese lithium producer Tianqi is exploring asset or equity sales, or the possibility of bringing in new domestic or foreign investors, due to continuing problems with liquidity, it has announced.The Shenzhen-listed firm said on Saturday April 18, however, that a final decision had yet to be taken.Earlier in April, the company announced that it expected to report a net loss of 450-510 million yua...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 21 that are worth another look.The lockdowns imposed due to the Covid-19 pandemic were offering automotive manufacturers a rare opportunity to take a step back and to re-evaluate their long-term strategies, the chief executive officer of Eurasian Resources Group has said.Italian long steel producer Alfa Acciai Group has resum...Read More

Domestic prices for hot-rolled coil in Northern Europe were stable day on day on Tuesday April 21, although sentiment in the market remained downbeat, sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?445.63 ($484.15) per tonne on Tuesday, up by only ?,?0.63 day on day from ?,?445 per tonne on...Read More

Flat steel import prices in the United Arab Emirates and Saudi Arabia were stable this week, with market activity close to none because of the precautions taken due to the Covid-19 pandemic, sources told Fastmarkets on Tuesday April 21.No deals or new prices were heard during the week and steel consumption was very slow because of the curfew orders in the UAE and Saudi Arabia, sources said.The UAE...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 21 that are worth another look.The lockdowns imposed due to the Covid-19 pandemic were offering automotive manufacturers a rare opportunity to take a step back and to re-evaluate their long-term strategies, the chief executive officer of Eurasian Resources Group has said.Italian long steel producer Alfa Acciai Group has resum...Read More

Italian long steel producer Alfa Acciai Group has resumed production this week following a month of downtime, sources told Fastmarkets on April 17.Last week Alfa Acciai had resumed steel product deliveries from stock, while this week the company has restarted production, several sources confirmed to Fastmarkets.The company is currently running at "more or less 20%" capacity utilization rate, the s...Read More

Steel billet and rebar prices in the United Arab Emirates remained unchanged over the past week, largely because of the lockdown introduced to fight the Covid-19 pandemic, market sources said on Tuesday April 21.The UAE introduced a two-week, 24-hour lockdown on April 4 and extended it for another week starting from April 17.Saudi Arabia, meanwhile, has been subject to a&n...Read More

Mexican steel scrap prices decreased in the week ended April 17, with some buyers applying the first round of a series of price cuts planned for the month, and a second group of buyers keeping their prices stable.In Mexico's central Baj?-o region, steelmakers applied price cuts of 200-400 pesos ($8-17) per tonne last week, and have announced a second round of price cuts of 200 pesos per tonne to s...Read More

The Turkish steel producers went through the second working day of the week with no deep-sea bookings and they were expected to remain quiet for the rest of the week, sources said on Tuesday April 21.The mills in the country booked at least seven deep-sea cargoes last week, totaling almost 220,000 tonnes.Market participants believed that those cargoes will be enough to cover mills' urgent needs."I...Read More

"Remember, gold and silver cannot be quantitatively eased."Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in...Read More

Gold is the best money for this unfolding global hyperinflationary depression, but soon, physical gold will only be available at much higher prices. Egon von Greyerz sits down with Silver Doctors today to explain that and a whole lot more. Egon says the current situation in the world is the catalyst, but not the cause, which kicks off the global hyperinflationary depression, and the current situat...Read More

New research shows that even those who recover from a relatively mild cases of covid-19 appear to have permanent lung damage. As we've been saying: you DON'T want to get this virus if you can at all avoid it. Also, covid-19 has hit group nursing homes particularly hard. They're sort of land-based cruise ships, except worse - because everyone inside is in the highest at-risk category. The news is f...Read More

TOPICS IN THIS INTERVIEW:The unbelievable is happening, Covid 19 false narrative and tyrannical ruleHistorical day in the oil marketsFederal Reserve dollarizing the world to no endGold, silver and bitcoin the place to beGregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Stre...Read More

Some of today's questions:Alan C: Can the Fed reflate this everything bubble one more time?Yves B: Why is physical Gold beholden to the spot price if the cost of mining them is higher? Why can't miners ask whatever they want or need for their metal?Ericka E: Recently, she said she foresees a "transaction-based economy" in our future. Can she explain this?Andrew G: Why isn't silver moving higher li...Read More

What can the average person do to protect themselves from the unfolding economic crisis? Join Mike Maloney as he reveals what he is doing personally to protect himself from the hidden forces at work in the oil, gold, silver, currency, and stock markets.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and si...Read More