The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transactions: hot-rolled coilHot-rolled coilEast China, domestic,...Read More

Seaborne iron ore prices continued to strengthen on Tuesday May 21 after exceeding $100 per tonne cfr last Friday, thanks to gains in the futures and spot steel markets.MB 62% Fe Iron Ore Index: $102.03 per tonne cfr Qingdao, up by $0.32 per tonne.MB 62% Fe Pilbara Blend Fines Index: $100.22 per tonne cfr Qingdao, up by $0.32 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $105.76 per tonne cfr Qi...Read More

Seaborne coking coal spot prices were mostly lower on Tuesday May 21 despite a third round of increases in metallurgical coke prices in China.Eastern China-based Rizhao Iron & Steel - a major coke buyer in the country - increased its purchase price for coke on Tuesday for a third time since April 26, sources said.It is now paying a delivered price of 2,140 yuan ($309.40) per tonne for materia...Read More

Physical iron ore markets continued to strengthen on Friday May 17, with the seaborne price breaching $100 per tonne cfr China for the first time in five years amid bullish futures.MB 62% Fe Iron Ore Index: $101.71 per tonne cfr Qingdao, up by $2.50 per tonne.MB 62% Fe Pilbara Blend Fines Index: $99.90 per tonne cfr Qingdao, up by $2.50 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $104.48 per t...Read More

Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesAccording to Piggott, who owns about 7% of Core Gold's shares, "the Titan-Core arrangement is a paper deal that is not in the best interest of Core Gold shareholders".Read More

The recent downtrend in Chinese domestic ferro-silicon prices continued in the week ended Friday May 17 amid an abundance of the material, while sentiment remained bearish due to weak demand from the country's steel and magnesium markets. Chinese market extends losses amid ample supply. Sluggish demand compounds weakness in China. European market steady, further cements price floor. US market flat...Read More

Fastmarkets MB is proposing to discontinue the stainless steel 304 Europe raw materials index. Fastmarkets is seeking feedback on its proposal to discontinue the EU domestic stainless steel 304 Europe raw materials index.This index, which aims to represent the costs of the raw materials needed to produce grade-304 stainless steel, is updated weekly on a $ per tonne basis. The consultation per...Read More

Stainless steel mills and ferro-chrome smelters in China are likely to curtail their production in June, should domestic stainless steel and ferro-chrome prices continue to weaken amid lingering poor demand and prevailing bearish sentiment, sources told Fastmarkets. Some Chinese stainless steel mills, which are already suffering losses, may have to curtail part of their production next month if do...Read More

Currency fluctuations knocked chrome ore buying interest in China in the week ended Friday May 17 due to higher import costs, causing UG2 and Turkish lumpy chrome ore prices to tumble week on week. Ore prices drop after yuan depreciation raises import costs.Domestic and imported alloy prices drop in China. South Korea and Japan markets flatline in thin trading. European alloy prices dip on weak d...Read More

https://ToneVays.com by @ToneVays https://twitter.com/ToneVaysGuests@PeterSchiff https://twitter.com/PeterSchiff CEO of Euro Pacific Capital http://europac.com, Chairman: SchiffGold http://schiffgold.com, Host: Peter Schiff Show http://schiffradio.com, Author: The Real Crash https://www.amazon.com/Real-Crash-Ful...@Saifedean https://twitter.com/saifedean Author: The Bitcoin Standard https://www.am...Read More

A number of TSX Index giants have pulled back in recent weeks, and investors who missed out on the big rally to start 2019 are wondering if this might be a good opportunity to make a few contrarian bets for their portfolios.Let’s take a look at Nutrien (TSX:NTR)(NYSE:NTR) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) to see if they deserve to be on your buy list today.Nutrien Nutrien was forme...Read More

Paying attention can pay big bucks. If you’re invested in gold stocks, you’ll want to know what industry leaders are doing and why.Earlier this month, the executives of $28 billion miner Barrick Gold (TSX:ABX)(NYSE:GOLD) held a public conference call to discuss the company’s first-quarter results.While the conversation mostly covered Barrick-specific news, there were plenty of c...Read More

Most North American and European market indices were set for upbeat starts today and Australia's S&P/ASX200 was up at the time of writing.Copper miners gained yesterday, with Freeport-McMoRan (NYSE: FCX) up about 1.5% in New York and Antofagasta (LSE: ANTO) rising more than 2% in London.Base metal futures were mixed in Asian trade and the gold price remains about US$1,274 an ounce.Alumunium pr...Read More

We'll find few issues out there that transcend the chaos and fighting that takes place daily on Capitol Hill.Take a second and close your eyes, then try to think of a single topic that both the far left and far right can agree on.Don't worry, I'll wait.Still need help?Here's a hint: Every four years, the American Society of Civil Engineers releases a report that shows us - Republican, Democrat, an...Read More

Element 25 Limited (ASX: E25) owns 100% of the Butcherbird Project that hosts Australia's largest onshore manganese resource. The project is located in a low-risk mining jurisdiction in Western Australia, near excellent infrastructure. It contains over 260 Mt of manganese ore, with exceedingly simple geology. We learned from Justin Brown, Executive Director of Element 25, that the Company's core s...Read More

Frontier Lithium Inc. (TSX.V: FL) is focused on becoming a low-cost, fully integrated lithium producer, through development of the world-class PAK lithium deposit in Ontario, Canada. At PDAC 2019, we learned from Trevor Walker, President and CEO of Frontier Lithium, that they have invested nearly $10 million into the project since 2013, and turned it into the highest-grade lithium deposit in North...Read More

By: David HaggithThe graph here shows the point at which I said early last summer housing sales had turned over (for the worst) and would remain on a downtrend indefinitely, and it shows how that prediction has panned out.Existing home sales were down again nationally (4.4%) in April (fourteenth month in a row of declining sales year on year). That is the longest stretch without a single positiv...Read More

By: Craig HemkeThat this is even a question reveals the intellectual laziness of those who ask. However, since this is coming up with regularity again, here's another post on the subject.First, a summary of recent admissions and convictions against The Banks: o LIBOR manipulation: https://en.wikipedia.org/wiki/Libor_scandal (Note the section where it's noted that LIBOR fixing operates as a "...Read More

By: Ira EpsteinGold at Bollinger - lower band support. Market is oversold:Read More

By: Gary ChristensonHow many times have you heard "You can't eat gold" as a reason NOT to own gold? It is nonsense.You can't eat gold either during good times or after an economic collapse, but neither can you eat dollar bills, euros, bolivars or hundreds of other devaluing paper currencies.In good times and in bad times, gold is necessary for wealth protection. A gold market will always exist,...Read More