Flat steel import prices in the United Arab Emirates and Saudi Arabia increased this week on higher offers although there were no bookings because buyers sought discounts before placing new orders, sources told Fastmarkets on Tuesday December 24. Suppliers raised their offers in response to increasing raw material costs. But buyers resisted the higher offers, saying the recent price rises have bee...Read More
Domestic and import prices for steel rebar in the United Arab Emirates increased slightly over the past week amid moderate demand, market sources said on Tuesday December 24.Market participants in the UAE believe the increases may continue if raw materials prices keep rising.Local rebar producers announced new prices on December 19.Billet importsBillet was offered at $450-470 per tonne cfr, but no...Read More
China's hot-rolled coil exporters achieved higher prices on Tuesday December 24, bolstered by overseas buyers' willingness to pay more for material, even as weakness prevailed in the domestic market, sources said.DomesticEastern China (Shanghai): 3,900-3,910 yuan ($556-558) per tonne, unchangedNorthern China (Tangshan): 3,630-3,640 yuan per tonne, down 10 yuan per tonneSpot prices in Shanghai were...Read More
China's domestic rebar prices and futures dropped on Tuesday December 24 amid heightened expectations of some form of financial stimulus to be implemented by the Chinese government soon. Eastern China (Shanghai): 3,750-3,780 yuan ($535-539) per tonne, down 50 yuan per tonneNorthern China (Beijing): 3,500-3,530 yuan per tonne, down 20-30 yuan per tonneChinese Premier Li Keqiang said on Monday that...Read More
A Brazilian federal court has removed a major hurdle keeping mining major Vale from acquiring fellow miner Ferrous Resources.An injunction from a Brazilian court issued on November 8 blocked the acquisition and required Vale to provide proof that it would implement international environmental compliance standards. But the federal court nullified the injunction on December 5 fol...Read More
The Turkish deep-sea scrap import market was quiet on Tuesday December 24 due to the Christmas holiday period in Europe and the United States, market sources said.The most recent deep-sea cargo was booked on Friday December 20 at $303 per tonne cfr for HMS 1&2 (80:20) from the Baltic Sea region.Read More
Seaborne iron ore prices largely softened on Tuesday December 24 amid low buying interest, given cheaper alternatives in the port market.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $91.03 per tonne, down $0.30 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $90.12 per tonne, down $0.30 per tonne.62% Fe low-alumina fines, cfr Qingdao: $91.39 per tonne, up $0.06 per tonne.58%...Read More
Trading activity continued in the seaborne coking coal market on Christmas eve, with prices staying above $130 per tonne fob Australia basis for premium quality materials.Fastmarkets indicesPremium hard coking coal, fob DBCT: $133.13 per tonne, down $1.84 per tonnePremium hard coking coal, cfr Jingtang: $147.47 per tonne, unchangedHard coking coal, fob DBCT: $122.33 per tonne, uncha...Read More
This holiday episode features a special Innovation Presentation by Peak Power chief operating officer Matt Sachs at the 2019 Progressive Mine Forum in Toronto. Matt discusses how advanced software can help industry, including mining companies, save on costs relating to energy usage. Topics include: making energy production a two-way street by adding electric vehicle batteries to the power grid; ho...Read More
Hey guys and gals,-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis video is sponsored by Golf Clash and Playdemic.This is the playthrough for Rookie division in the Christmas Tournament.Let me know if you do have any questions.www.patreon.com/golfclashtommy for training sessions and textguides.Dont forget to subscribe!Business email,tommylofberg@gmail.comFacebook group: https://www.fa...Read More
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Please check out myt-shirts and support by purchasing https://shop.spreadshirt.com/kevinsco...Follow me on Twitter https://twitter.com/kevinellerbe32Minorities for Trump on Facebook:https://www.facebook.com/groups/13615...FaceBook https://www.facebook.com/senseoutofno...Read More
One of the world's top-10 gold-mining companies and two juniors on the TSX Venture exchange all get 'buy' ratings in a recent MoneyLetter round-up.Here are three gold mining stocks recommended by their securities industry advocates.Toronto-based Beacon Securities mining analyst Michael Curran suggests Kinross Gold Corporation (TSX-K; NYSE-KGC) deserves a higher target price for being his "preferre...Read More
Bob Moriarty and Brent Cook talks about how they fared in their investments for the year and how they see the markets for 2020 and give top picks.Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current...Read More
Economies run in bubbles, they expand and then burst. Is our current economy about to burst?Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHF...Read More
Luke's prediction from November 11th: What if the Repo Spike was the "risk off event everyone was waiting for"?Why Luke believes the event already happened and we've entered a new era of "Whatever it Takes" for the U.S. Federal ReserveLuke's outlook for stocks, bonds, precious metals and cryptoLuke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve...Read More
France has banned the display of any Nativity scenes from public property which has many French quite upset that because of the large Muslim populationContinue...Read More
Asia will be the dominant leader for the next spring boom from 2023 into 2036-37 and broader into a plateau between 2055-64 before the next winter season and global depression sets in.Continue...Read More
"Compared to these countries, Taiwan is more directly confronted with various threats and infiltration from China."Continue...Read More