If the United States places import tariffs on cars produced in Germany it could trigger an economic slowdown in Germany, corporate audit director of Czech steel distributor Ferona, Jan Moravec, said at Eurometal's Regional Meeting in Central Europe held in Prague on April 25.One of the major risks to the German steel industry is the import tariffs in the United States, Moravec said.Tariffs on impo...Read More

Tata Steel aims to produce 32 million tonnes per year of crude steel at its Indian operations by 2025, the company said.The 2025 capacity target in India would constitute the entirety of the steelmakers' global crude capacity following the planned divestment of operations in Asia and a planned joint venture of European flat steel operations with Germany's ThyssenKrupp.Of the Indian steelmaker's cu...Read More

Low-grade manganese ore prices have held relatively steady since rebounding from this year's lows in January, when market participants toned down fears of oversupply in the alloy market. Normally volatile low-grade manganese ore prices have held relatively steady since rebounding from this year's lows in January, after which market participants toned down fears of oversupply in the alloy market. F...Read More

When the London Metal Exchange amended its policies related to its physical delivery network a few years ago, it overlooked one key thing. The issue centers on LME's linked load-in/load-out (LILO) rule, which operates by linking the amount of metal a warehouse loads in to the amount it is obligated to load out for warehouses that have queues of over 50 days.The rule changes were part of package of...Read More

Ahead of Fastmarkets' Battery Materials 2019 conference in Shanghai, Fastmarkets looks at use of lithium in next-generation vehicles and other battery uses, as well as soaring prices, which have spurred interest in lithium and boosted its importance in recent years as a battery material. In June 2016, the spot price in China peaked at $27 per kg, more than three times the global contract price, ac...Read More

China's month-on-month new electric vehicles (NEV) sales rebounded in August after month-on-month declines in June and July. The drop in sales between May and June was the first drop since September 2016, but Fastmarkets MB had expected Chinese NEV sales to dip temporarily after the June subsidy changes came into effect because consumers and NEV manufacturers would have to adjust to the new subsid...Read More

Iron ore prices fell sharply in the second half of November after climbing through October, with prices for higher-grade material pioneering the decline.Fastmarkets MB daily benchmark for 65% Fe fines dropped by 22% by Monday November 26 after peaking on October 29. The 62% Fe iron ore index declined by 16% over the period, as some Chinese steelmakers started to seek larger volumes of cheaper ores...Read More

The steel scrap sector in the United States still depends on exports to Turkey, a member of the Fastmarkets research team said during the ferrous session at the Bureau of International Recycling (BIR) conference in London.This dependence persists despite the changes in the international markets created by the US' imposition of its Section 232 tariffs on imports of steel products, metals analyst Le...Read More

Seaborne pig iron has become relatively competitive versus ferrous scrap over the past year in most regions, and China is no exception. As the first chart below illustrates, the gap between the MBR's proxy for imported pig iron price in China and the Metal Bulletin's Chinese domestic heavy melt scrap price assessment had shrunk by late 2017. The premium averaged $17 per tonne this year to date, co...Read More

get your tickets now at http://tjskoc.com/click here to join the new IG Jumpoff Channel https://www.youtube.com/channel/UC3Th...click here to subscribe to the new TNN Raw Channel https://www.youtube.com/watch?v=09iZi...CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.tjskoc.com/preordertickets/donate at http://www.paypal.me/tommys...Read More

There are few opportunities out there that could truly make you rich, and most of them are quite risky. Cameco Corporation (TSX:CCO)(NYSE:CCJ) is no exception, but there has been a lot of talk recently about this company being due for a huge jump in share price over the next few years — myself included.But could Cameco really make you rich? A number of things would have to happen to reac...Read More

It’s the word we all love to hear: easy. Especially when it comes to making money.But nothing in this world is free, and practically nothing comes instantly.Yet if you give it time, metal stocks Lundin Mining Corp. (TSX:LUN), Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) and Newmont Goldcorp Corp. (TSX:NGT)(NYSE:NEM) could make you some crazy cash over the next five yearsLundinThis metals...Read More

The rest of the year may see turbulence in the stock markets, with an increasingly uncertain global economy fuelling investor fear. A greedy start to the year — the result of a jubilant resurgence that followed the "Christmas massacre" on the markets — is likely to give way to widespread and persistent volatility. It’s time to know what you hold and adjust in case of a downturn,...Read More

When the hedge fund algos inevitably turn the other way and unload stocks, a meaningful amount of the capital that leaves the stock market will likely rush into gold and silver. The record hedge fund net short position on the Comex will add fuel to the move in gold/silver.James Anderson of Silver Doctors/SD Bullion invited me to discuss the largest stock bubble in U.S. history and why gold is ex...Read More

At PDAC2019, we learned from Pete Dougherty, CEO of Argonaut Gold Inc. (TSX: AR), that they are a producer in Mexico, with three operating mines: the El Castillo mine and San Agustin mine in Durango, and the La Colorada mine in Sonora. The company is advancing and growing its production profile. Last quarter they hit 50,000 ounces of production and are on track for producing 200,000 ounces a year....Read More

Bart Chilton, arguably the most famous CFTC commissioner who on various occasions vowed to crack down (unsuccessfully) on precious metals and VIX manipulation, who called for Continue...Read More

After an interesting week and to allow more focus on charting the miners this weekend, we again offload much of the NFTRH Precious Metals segment’s content to the public site. The following is (hopefully) going to be long on charts and relatively short on words (sighs of relief palpable…).HUI/Gold Ratio is intact to its higher lows from September. This was a logical bounce point for g...Read More

Two months ago Gold Miners ETF GDX created its first bearish reversal pattern (bearish wick) while testing falling resistance. A couple of weeks later it created another bearish reversal pattern (Bearish wick) and then selling pressure took over and GDX fell 10% quickly.The decline of late now has GDX testing rising support, where GDX created a bullish reversal pattern (Bullish wick) to close out...Read More

RAPAPORT... Belgium saw a decline in its imports and exports of rough diamondsin the first quarter, as mining companies' sales dropped.Shipments into thecountry slid 33% to $2.09 billion for the period, reflecting a 38% slump inrough sales at Alrosa, for which Belgium is the biggest market. De Beers'revenues also fell 19% at its first two sales cycles of 2019, which tookplace during the quart...Read More

RAPAPORT... The Diamond Development Initiative (DDI) has unveiled theMaendeleo Diamond Standards (MDS), a program that helps artisanal miners receive certification showing their diamonds are conflict-free. The system, named after the Swahili word for development,was created together with various stakeholders. Those include government entities,local civil-society organizations, and artisanal and sm...Read More