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CMC Zawiercie likely to commission third rolling-line in Q2 - sources

April 24, 2021 / www.metalbulletin.com

A Polish subsidiary of US steelmaker Commercial Metals Company (CMC) is likely to commission a new wire rod mill in the second quarter 2021, several sources told Fastmarkets on April 23.Sources that spoke to Fastmarkets expect CMC's long products facility in Zawiercie, Poland to commission a new 200,000-tonne-per-year capacity wire rod facility during the second quarter of 2021."CMC Zawierice will...Read More

POLAND REBAR: Producers eye higher prices for May bookings; buyers resist

April 24, 2021 / www.metalbulletin.com

The domestic steel rebar market in Poland was broadly stable over the week to Friday April 23, despite local steelmakers' attempts to increase prices, Fastmarkets heard.All local rebar producers were reported to have sold out of their April-rolling rebar, market participants told Fastmarkets. Celsa Huta Ostrowiec was said to have almost finished May-rolling bookings and tested the market with fres...Read More

STEEL SCRAP WRAP: Global steel scrap markets enliven amid growing downstream demand

April 24, 2021 / www.metalbulletin.com

Global steel scrap markets began to revive with growing downstream demand for finished steel in the week to Friday April 23. But regional prices diverged over the period, with Turkish buyers securing scrap at lower levels while Asian importers had to contend with price increases.Mills in Turkey secured cheaper European scrap to feed increased rebar exportsUnited States sales were on hold, with exp...Read More

Brazilian pig iron export price up on strong demand

April 24, 2021 / www.metalbulletin.com

Pig iron export prices from Brazil increased further during the week to Friday April 23 with demand both in the United States and in the local market.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $540-545 per tonne on Friday, widening upward from $540 per tonne the previous week.Read More

DAILY STEEL SCRAP: Deep-sea prices edge down on news of midweek Baltic Sea booking

April 24, 2021 / www.metalbulletin.com

No deals were heard to have taken place in the Turkish scrap import market on Friday April 23, with activity quiet because of the Children's Day public holiday in Turkey.A third booking from Wednesday came to light on Friday, however, which resulted in Fastmarkets' indices edging down slightly.A steel mill in the Iskenderun region booked a Baltic Sea cargo consisting of 22,000 tonnes of HMS 1&2 (8...Read More

Harry Dent: A massive crash is coming, and likely soon

April 23, 2021 / marketsanity.com

Bitcoin's been wobbly... Does it point to a drop in stocks? According to Harry, the answer is yes! Harry explores this topic in light of out-of-control government stimulus... and imminent new taxes. A massive crash is coming, and likely soon. Harry also highlights forensic accountant, author, and professional investor John Del Vecchio.This is a crucial time. Stay informed and subscribe to Harry's...Read More

Nassim Taleb calls bitcoin an 'open Ponzi scheme'

April 23, 2021 / marketsanity.com

"There's no connection between inflation and bitcoin," Nassim Taleb, author of "Black Swan," told CNBC's "Squawk Box" team. "The best strategy for investors is to own things that produce yields in the future. In other words, you can fall back on real dollars coming out of the company."Nassim Taleb spent 20 years as a derivatives trader and, after closing 650,000 option transactions and examining 2...Read More

When The Market Unravels There Will Be "No Place To Hide" | David Stockman

January 01, 1970 / marketsanity.com

Part 1 (part 2 below)Part 2Adam Taggart is the President and Co-Founder of Peak Prosperity. He wears many hats, but his basic job is to handle the business side of things so that his fellow co-founder, Chris Martenson, is free to think and write. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris (Adam was General Manager of our earlier site,...Read More

Jesse Felder discusses what he sees coming for the economy and markets

April 23, 2021 / marketsanity.com

Join Ted Oakley's interview with Jesse Felder as they discuss stocks, inflation, interest rates, gold, and more.Jesse Felder is a former hedge fund manager and founder of The Felder Report.Read More

Harley Schlanger: "Inflation? What inflation"

April 23, 2021 / marketsanity.com

...asks the used car salesman trying to sell you a ten-year old clunker for $16,000.We begin with a brief review of the fraudulent posturing coming from the Federal Reserve, which is trying to convince us there is nothing wrong with the continued voluminous flows of funny money to prop up collapsing valuations of worthless financial instruments. LaRouche's famous Triple Curve Collapse Function ins...Read More

Jim Grant Podcast - Asymmetric Returns In Crypto

April 23, 2021 / marketsanity.com

In conversation with Paul Brodsky, managing partner at PostModern Partners.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose S...Read More

Mark Spiegel talks Tesla, bitcoin and the macro environment

April 23, 2021 / marketsanity.com

*If you are offended by profanity, do not click the play buttonMark Spiegel of Stanphyl Capital talks Tesla, bitcoin and the macro environment.Read More

Schiff: The Beginning or the End of the Bitcoin Bear Market?

April 22, 2021 / marketsanity.com

Coinbase already in a bear market within a week of its IPO.GBTC selling at a record discount.Bitcoin dump is underway.Biden readies massive federal tax increase on capital gains.Rich gringos are benefiting Puerto Rico.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategi...Read More

Social Media Influencer Exposes COVID Vaccine Pay-To-Propagandize Scheme

April 21, 2021 / marketsanity.com

A popular social media influencer shared a private message she was sent offering a cash payment if she promoted the COVID-19 vaccine to her followers.Continue...Read More

Texas Ended Lockdowns and Mask Mandates. Now Locked-Down States Are Where Covid Is Growing Most

April 21, 2021 / marketsanity.com

Early last month, Texas governor Greg Abbott announced he would end the state's mask mandate and allow most businesses to function at 100 percent capacity.Continue...Read More

John Rubino: What Happens When Everything Is A Story Stock?

April 23, 2021 / marketsanity.com

On today's Wall Street Journal home page, two articles appear side-by-side. One is about how a heretofore obscure, nearly-valueless cryptocurrency called dogecoin, originally createdContinue...Read More

Martin Armstrong: We Are In Real Trouble

April 23, 2021 / marketsanity.com

Fauci, who is a disgrace to the United States, refuses to yield and refuses to be specific about when people will get their liberty back. Continue...Read More

Russian troops depart Crimea for home bases after exercises, potentially signaling end to border standoff with Ukraine

April 23, 2021 / marketsanity.com

"the goals of the sudden inspection have been fully achieved. The troops demonstrated their ability to ensure reliable defense of the country."Continue...Read More

Putin says Russia developing high-tech nuclear & laser weapons

April 21, 2021 / marketsanity.com

"We have patience, self-confidence and righteousness on our side," Putin added. "I hope no one will think of crossing red lines in their relations with Russia. Where that line sits is ours to determine."Continue...Read More

135 million Americans are breathing unhealthy air, American Lung Association says

April 22, 2021 / marketsanity.com

"It is impacting you, whether you know it or not," said Becki Baker, an asthma patient. "People don't realize that over time, this is cumulative."Continue...Read More

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