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
Now that the Deep State has successfully carried out their Continue...Read More
What the elites want is never-ending lockdowns. There is no program to save lives or flatten the curve. The entire health argument is utter nonsense.Continue...Read More
A new poll shows that more than one in three Americans think the "deep state" is working to undermine the president and remove himContinue...Read More
The Trump administration is declassifying a US intelligence report that China offered to pay non-state actors in Afghanistan to attack American forces, according to Axios, citing two senior administration officials.Continue...Read More
The global pig iron market remained strong, but activity was limited during the week to Thursday December 31 due to the end-of-year holiday period.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $530 per tonne on Thursday, up by 5% from $500-510 per tonne a week earlier.Pig iron exporters from the Commonwealth...Read More
The report by Safety.com finds 66.7 percent of U.S. residents over 18 wouldn't have a problem finding out a home gadget is listening Continue...Read More
The premium for direct-reduced (DR) iron ore pellet for the fourth quarter of 2020 was unchanged at $24 per tonne, but it will double in the first quarter of 2021 with a possible downward correction in the second quarter of 2021, sources told Fastmarkets.Fastmarkets' iron ore DR-grade pellet premium to 65% Fe fines index, Middle East reference was $24 per tonne on Thursday December 31, u...Read More
The export steel billet market in the Commonwealth of Independent States fell quiet on Thursday December 31 amid a pre-holiday lull in the region and in consumer markets, sources told Fastmarkets.Although some major CIS millswere reported to still have February-shipment tonnages, the mills were not in a hurry to sell them, anticipating further price increases in January, several sources told Fastm...Read More
These latest assays from Liberty Gold's Black Pine project are reviewed in a PI Financial report. In a Dec. 22 research note, PI Financial analyst Chris Thompson reported that new drill results from Liberty Gold Corp.'s (LGD:TSX; LGDTF:OTCQB) Black Pine project "reflect the potential to significantly expand the resource with additional near-surface oxide tons."The newly reported findings are from...Read More
This latest transaction of Ely Gold Royalties is discussed in a Noble Capital Markets report. In a Dec. 23 research note, Noble Capital Markets analyst Mark Reichman reported that Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE), through its subsidiary Nevada Select Royalty subsidiary, agreed to acquire from a private third party a 2% net smelter returns (NSR) royalty on three unpatented...Read More
Steel billet and reinforcing bar prices have increased again in Egypt for the week ended Thursday December 31, but demand remains weak due to the year-end lull in business, market sources told Fastmarkets.Market participants want to see the global direction of prices at the beginning of January before placing orders.Demand for rebar and billet has been slow in the country since the imposition of a...Read More
The rapid and significant falls in manganese ore prices in 2019 and 2020 have created 'frozen stocks', which are believed to have acted as a buffer for the ore market while also demonstrating some different characteristics over both years, sources told Fastmarkets.Fastmarkets' manganese ore index 37% Mn, cif Tianjin ended 2019 at $3.92 per dry metric tonne unit (dmtu), a decline of $2.19 per dmtu...Read More
As of Wednesday (Dec. 30) morning,gold is range trading and remains more or less flat as it seeks momentum. As wewait for the precious metals to act on a catalyst, let’s also take a look atthe Euro’s relation to the U.S. Dollar and how both impact gold.Over the last 24 hours, the preciousmetals market did more or less nothing, despite the new daily decline in theUSD Index. The latter i...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 31 that are worth another look.The global pig iron market remained strong, but activity was limited during the week to December 31 due to the end-of-year holiday period.Argentinian aluminium producer Aluar finished 2020 at 70% capacity utilization, ramping up...Read More
Hot-rolled coil prices in the United States reached the highest level seen all year - and in more than 12 years - on the final day of 2020. Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $51.50 per hundredweight ($1,030 per short ton) on December 31, 2020, up 0.5% from $51.25 per cwt the previous day and 3% higher than $50 per cwt a week prior. This is the highest le...Read More
Argentinian aluminium producer Aluar finished 2020 at 70% capacity utilization, ramping up production from stoppages related to the Covid-19 pandemic and weather conditions earlier in the year, the company said."[We will] continue to gradually seek production planning that allows for the partial resumption of the remaining capacity usage," Aluar said in a filing to the country's securities and exc...Read More
The advent of Covid-19 pushed prices to their lowest levels during the first quarter of the year, yet by the end of 2020, most underlying prices on the London Metal Exchange had bounced back to multi-year highs. Fastmarkets looks at why some metals outperformed others.Figure 1: LME Indexed performance up until December 24.Copper - cash price gain of 25% ($6,179.50 per tonne open 3 Jan to $7,749 pe...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 31 that are worth another look.The global pig iron market remained strong, but activity was limited during the week to December 31 due to the end-of-year holiday period.Argentinian aluminium producer Aluar finished 2020 at 70% capacity utilization, ramping up...Read More
The advent of Covid-19 pushed prices to their lowest levels during the first quarter of the year, yet by the end of 2020, most underlying prices on the London Metal Exchange had bounced back to multi-year highs. Fastmarkets looks at why some metals outperformed others.Figure 1: LME Indexed performance up until December 24.Copper - cash price gain of 25% ($6,179.50 per tonne open 3 Jan to $7,749 pe...Read More
The rapid and significant falls in manganese ore prices in 2019 and 2020 have created 'frozen stocks', which are believed to have acted as a buffer for the ore market while also demonstrating some different characteristics over both years, sources told Fastmarkets.Fastmarkets' manganese ore index 37% Mn, cif Tianjin ended 2019 at $3.92 per dry metric tonne unit (dmtu), a decline of $2.19 per dmtu...Read More