Just when you thought it was safe to own Bitcoin amid its recent calm, the cryptocurrency proceeds to plunge over 20% in what seemed like an instant. JP Morgan, who thought the popular crypto could make a move to US$120,000 over calming volatility, recently alerted crypto investors over the potential for negative momentum to pick up.Undoubtedly, Bitcoin has lived up to its reputation as a wildly v...Read More

We know that large upfront investment is not a requirement to start investing in stocks. You can begin to build a solid portfolio, even with a few hundred dollars. However, I would suggest that investors save and invest regularly and have the patience to stay invested for the long term for stellar returns. So, if you plan to start investing in stocks, consider buying these under-$20 TSX stocks rig...Read More

It's one thing to have the technology. It's another to have the infrastructure.We've covered the explosive growth of hydrogen fuel cell technologies and the rapid deployment of test programs across a wide range of vehicles.From cars and trucks to railroads on land. From ships of all sizes - civilian and military - to the world's first hydrogen-fueled flight.An entire prototype city center is even...Read More

Apr 28, 2021 Guest(s): David Garofalo President and CEO, Goldcorp Bitcoin is digital and that's its fundamental weakness, said Royalty Gold CEO David Garofalo in a conversation with Kitco on Tuesday.Garofalo said gold is physical, which makes it more secure, which cryptocurrencies will inevitably be undermined by market forces. "It's inevitable that we'll see new entrants on the cryptocurrency s...Read More

Equity analyst Don Vialoux says "The thing that's going to drive inflation is greater consumer buying, whether that be homes, or cars, or other big-ticket items."Equity analyst Don Vialoux picks two agriculture-related ETFs as his favourite current 'buys'. Grain prices, he says, "have just been going through the roof".After a brief retreat, the latest wave of US stimulus funding is lifting all eco...Read More

Here are five Fastmarkets stories you might have missed on Wednesday April 28 that are worth another look.Latin American steelmaker Ternium plans to focus mainly on supplying its own slab needs in Mexico and selling any excess to the domestic market via its slab mill in Brazil, chief executive officer M??ximo Vedoya said on...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday April 28. Please click...Read More

London Metal Exchange tin's three-month price rose to its highest since August 2011 during trading and was up by 5% at Wednesday's close on April 28 following news from one of the market's main suppliers while nickel made substantial gains on its fourth consecutive day on the rise. LME tin's price reached $28,595 per tonne on Wednesday on news that the world's third largest tin producer, Malaysian...Read More

The MySteel 62% Australian iron ore fines price has risen to US$193.50 per tonne.Australia-based iron ore producer Fortescue Metals Group today said its 42.3 million tonnes of shipments in the March quarter had contributed to a record shipping performance for the first nine months of the financial year.However its shares were down 1.7% in morning trade, while BHP was up 0.6%.Brazil-based Vale hit...Read More

The markets for high- and low-carbon ferro-chrome in Europe softened in the week ended Tuesday April 27 following weakening in the markets in Asia, particularly China.Fastmarkets' price assessment for ferro-chrome, 0.10% C, average 65-70% Cr, delivered Europe, was $1.87-2.36 per lb Cr on April 27, a fall of 4-26 cents per lb Cr (6.6%) from $2.13-2.40 per lb Cr on March 30.There was a big fall at t...Read More

While prices for most material used in construction, including steel, copper and timber, are close to all-time highs, it has been a much slower recovery for the commodities more commonly known asRead More

Thawing permafrost linked to global warming is continuing to affect Teck Resources' Red Dog zinc mine in Alaska, with the company expecting its second-quarter sales of zinc in concentrate to be lower as a result, the company said.The Vancouver, Canada-based company said the thawing is affecting the mine's ability to discharge treated water, which is leading water levels at its tailings facility to...Read More

One of China's major tungsten product producers, Jiangxi Tungsten Group, has suspended operations at its only ferro-tungsten plant ahead of the Labor Day holiday on May 1-5, a source at the company told Fastmarkets on Wednesday April 28.The facility produces around 3,000-3,500 tonnes of ferro-tungsten per year and accounts for about 80% of China's ferro-tungsten produced from tungsten concentrate....Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila Ouerghi...Read More

After 30 days of negotiations, union members voted for a strike, which could commence in early May.Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday April 28.Key drivers The ferro-titanium market is stabilizing after losses in the week prior amid renewed consumer demand while a steelmaker in Asia looks to settle a tender for several hundred tonnes of alloy, trade sources said. A persistent acute shortage of titanium scrap turnings underpins both scrap and...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday April 28.Key drivers The ferro-titanium market is stabilizing after losses in the week prior amid renewed consumer demand while a steelmaker in Asia looks to settle a tender for several hundred tonnes of alloy, trade sources said. A persistent acute shortage of titanium scrap turnings underpins both scrap and...Read More

Turkish steel producers continued their deep-sea scrap purchases for June shipments on Wednesday April 28, with prices edging ever higher, market participants told Fastmarkets.A steel mill in northern Turkey booked 22,000 tonnes of HMS 1&2 (80:20) from the Baltic Sea at $432 per tonne cfr.A steel producer in the Iskenderun region booked a second Baltic sea cargo of 17,000 tonne of HMS 1&2 (80:20)...Read More

Shanghai copper premiums dropped further in the week to Tuesday April 27 to their lowest since September 2020, while premiums widened upward in both Southeast Asia and the United States. Chinese smelters are starting to export copper cathodes because the LME price is outperforming that of the SHFE. Copper price rally sees best grade scrap "sold above its intrinsic value" to China, while spot...Read More

With the exception of the June nickel contract, base metals prices on the Shanghai Futures Exchange were weaker this morning, Wednesday April 28. This after strong gains in recent weeks and likely reflects some caution ahead of the United States Federal Open Market Committee (FOMC) meeting and US President Joe Biden's address to Congress. US 10-year treasury yields climb......US Dollar Index's fal...Read More