Domestic prices for heavy steel plate went down in Europe in the week to Wednesday October 28 due to poor demand, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?450-465 ($532-549) per tonne on October 28, down by ?,?5-10 per tonne from ?,?460-470 per tonne.The assessment reflected offers and achievable prices heard i...Read More
Here are five Fastmarkets stories you might have missed on Wednesday October 28 that are worth another look.Both the North American and Brazilian markets have strong growth potential stemming from infrastructure-related activity, Gerdau's global chief financial officer Harley Scardoelli told attendees at Fastmarkets' 2020 Steel Success Strategies Online conference on October...Read More
Brazilian flat and long steel producer Gerdau is optimistic about the country's steel demand in 2021, chief executive officer Gustavo Werneck said on Wednesday October 28."We are foreseeing a growth of steel demand somewhere between 6-8% [in 2021] compared with 2020," Werneck said. Brazilian apparent steel consumption is expected to fall by 4.7% this year, to 20 million tonnes from 20.98 million t...Read More
The price of mesh-quality steel wire rod has been broadly stable in Southern Europe over the past week, despite reduced buying activity caused by growing uncertainty over further Covid-19 lockdowns in the region. Short supplies and good producer order books were supporting prices, sources told Fastmarkets on Wednesday October 28.Fastmarkets' weekly price assessment for steel wire rod (mesh-qu...Read More
In his interview with our Daniela Cambone, financial expert Peter Boockvar indicates a key metric proving that inflation is coming faster than you think. "Investors need to be watching the 30-year Treasury Bond," says the Chief Investment Officer for Bleakley Advisory and CNBC contributor. "It's the best message from the market because of its distance from Fed manipulation," he explains, noting th...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Financial writer John Rubino says expect mass layoffs of city and state workers as deficits explode and tax income plunges. Rubino explains, "If they can't pay their bills, they can't pay their bills. If it can't happen, it won't happen. So, you get effective bankruptcy via defaults for a lot of these places. That means massive layoffs of city and state workers and turmoil in the bond market."John...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal...Read More
After a week's break, we're back! This time with a truly puzzling bit of information. Vitamin D has now been shown in study after study to cut Covid mortality in the elderly by a massive amount - up to an 89% reduction in deaths. This data has been steadily accumulating for months. Vitamin D has been known to be a powerful immunomodulator for decades. It's also known to be extremely safe...almost...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
The US government is harming the American people to an infinitely greater degree than Russia, China and Iran are. Continue...Read More
Former attorney turned award-winning journalist Glenn Greenwald is a co-founder of online news site The Intercept, and the author of several books, the most recent of which is No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State.Read More
"Economic inequality, strained by fiscal and monetary policy, would come to the point of some sort of revolution, which would put the 2024 presidential election directly in the path of massive social, economic and political change.Continue...Read More
Despite media blackouts and social media censorship, most Americans have by now heard about the Biden family scandals involving China, Russia, Ukraine and Kazakhstan (scandals involvingContinue...Read More
Here is a video of people staving in a food panic in Jos, Nigeria. This is what Big Tech and mainstream media will hide. They cannot be this stupid to impose lockdowns that Continue...Read More
A Turkish steel mill booked a mixed Baltic Sea scrap cargo at higher prices late on Tuesday October 27, confirming this week's upward price trend, sources told Fastmarkets on Wednesday.The Baltic Sea cargo, booked late on Tuesday evening, comprised 9,000 tonnes of HMS 1&2 (80:20) at $292.50 per tonne, 8,000 tonnes of shredded at $297.50 per tonne and 4,000 tonnes of bonus at $302.50 per tonne...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
"I can't hear the sounds of Spotify employees crying over Alex Jones dropping truth bombs on Joe Rogan."Continue...Read More
"Much has been made of the fact that these writings were published anonymously. The decision wasn't easy, I wrestled with it, and I understand why some people consider it questionableContinue...Read More