Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Key ferro-alloy forecast highlights for the coming months:?EUR? A strong recovery in both bulk and noble alloys is expected in 2021 but the markets are unlikely to return to the levels seen before the outbreak of the Covid-19 pandemic. We have seen a quicker-than-expected recovery across various regions amid the economic fal...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Prices for most ferro-alloys maintained their upward momentum into October, solidifying previous gains and reflecting the improved demand from steelmakers, the rebuilding of depleted inventories, and the supply-side concerns following both planned and unplanned outages. Gains were noted for ferro-silicon, silicon metal, mang...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloys forecast highlights:Prices across most ore and alloy markets trended higher in September, buoyed by improving demand from steelmakers with the end of the summer holiday season in Europe and the United States, as well as maintained demand from Chinese steel mills. Tightening of alloy inventories...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Fastmarkets analysts were invited to present our outlook for the coking coal market at Coaltrans Asia, held online on November 23-25. One of the key topics at the event was the trade tensions between China and Australia, which overtook Mongolia to become the largest coking coal exporter to China this year...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese blast furnace (BF) utilization rates have stagnated and iron ore port stock volumes are rising, reaching their highest levels since March, which suggests that iron ore supply is becoming excessive while demand is not growing. Unsurprisingly, prices dropped last week and we expect the trend to continue. The market has...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.While much commentary has been written about Asian economies performing far better than those elsewhere this year during the global Covid-19 pandemic, it is stainless steel markets in Europe and the United States that are ending the year in better shape than their Asian counterparts.We do not talk of demand levels or demand g...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.While a world leader in many areas, the United States is a relatively small player when it comes to stainless steel. It produces a small amount of material, both in absolute and relative terms (i.e. compared to the size of its population), while a large share of its industry is in the hands of bigger European companies. Never...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.Having found it easier to increase prices than their counterparts in Europe and the United States during the past few months, Asian stainless steelmakers now face a number of concerns.In the short term, Asian prices have moved down in recent weeks while those in Europe and the US are on the up. This is mostly a reflection of...Read More
Uber Eats has hundreds of restaurants to choose from. Just open the app and scroll through for inspiration or search for a particular restaurant or cuisine.Read full newsRead More
Cactus Club Cafe is offering Holiday Specials for take out, where you can enjoy a combination of signature Cactus dishes from the comfort of home.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
Collective gold production not only rebounded sharply from Q2's lockdowns, but even grew from the comparable prior-year quarter.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
There is arguably no one being watched closer than Warren Buffett and Berkshire Hathaway shares. Whenever there is any movement at all in share price, buying or selling, analysts are ready to pounce on what that means. So of course, when that happened last month, analysts were again there to dissect.It’s no wonder. Buffett was quiet for months when the market crash happened and then we...Read More
The Tax-Free Savings Account (TFSA) is a wonderful tool that allows you to protect investment income and profits from the Canada Revenue Agency. There’s no excuse not to use it.You’d be surprised how fast your TFSA can grow!The new TFSA limit for 2021 is $6,000. This means that if you have been eligible for the TFSA since 2009, and you’ve never contributed to a TFSA, you would ha...Read More
Here are five Fastmarkets stories you might have missed on Friday December 11 that are worth another look.ArcelorMittal restarted blast furnace No2 at its Dunkirk operations in northern France this week, in a bid to increase hot-rolled coil output to meet growing demand, the company said.Waiting...Read More
Here are five Fastmarkets stories you might have missed on Friday December 11 that are worth another look.ArcelorMittal restarted blast furnace No2 at its Dunkirk operations in northern France this week, in a bid to increase hot-rolled coil output to meet growing demand, the company said.Waiting...Read More
The MySteel Australian 62% fines were up another 2.66% on Friday to US$154.50/t.Canada-based Black Iron (TSX: BKI) - which is advancing its Shymanivske project in Ukraine - closed up 37.1% in Toronto, despite no news since October.Meanwhile a deadline has been shifted in Brexit trade talks, and US president Donald Trump continues to protest the election result.Market futures were mixed.The gold pr...Read More