"If we think there's large groups of people gathering where they shouldn't be, then police will have to intervene. If, again, there's flagrant breaking"Continue...Read More
Flu deaths are down two-thirds from the five-year average thanks to COVID-19. The corruption is self-evident. When you pay hospitals for all expenses if the patient has COVID-19, suddenly Continue...Read More
During the Trump administration political ties between the U.S. and Germany have critically deteriorated. Continue...Read More
India will miss its forecast steel targets in 2030, but the sector should continue to grow on increased government spending, Tata Steel chief executive T.V. Narendran said during Fastmarkets Steel Success Strategies 2020 virtual conference on October 26-28During a Q&A session Narendran was asked to comment on the future of the Indian steel market and production as well as the sustainable growth ra...Read More
Facebook is now blocking videos people have posted from Italy showing the massive uprising against the lockdowns. The government is redefining "terrorism" to justify deploying Continue...Read More
Seaborne iron ore prices were up on Wednesday October 28 amid an uptrend in the futures market, which was prompted by low steel reinforcing bar (rebar) inventories, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $116.87 per tonne, up $1.74 per tonne62% Fe low-alumina fines, cfr Qingdao: $117.10 per tonne, up $1.09 per tonne58% Fe fines high-grade premium, cfr Qing...Read More
Activity in the Iranian export market for steel billet remained subdued in the week ended Wednesday October 28 because mills booked significant tonnages with traders in earlier weeks.There have been few offers from mills, with the rare price indications coming at $410 per tonne fob, but no fresh bookings were reported this week.Traders, meanwhile, sold a cargo of Iranian billet to Indonesia at aro...Read More
China's domestic rebar prices moved up on Wednesday October 28, following futures gains prompted by the expectation of lower inventories next month.DomesticEastern China (Shanghai): 3,730-3,760 yuan ($556-561) per tonne, up by 30 yuan per tonneMarket participants said their inventories had dropped gradually over the past two or three weeks on good end user demand.Rebar stock in one of big reb...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday October 28.Key driversThe ferro-titanium market in Europe climbed further over the week, adding to a steady run of gains since August 19 when the market was assessed at $3.30-3.85 per kg ddp. Steady demand and competition from overseas buyers in India and China have supported the rally in recent weeks, while persistent scrap tightne...Read More
The prices for hollow steel sections in Europe have remained unchanged this week but further rises were expected soon, market sources told Fastmarkets on Wednesday October 28.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?630-650 ($744-768) per tonne on Wednesday, unchanged week on week.The price of hot-rolled coil, the feedstock for sections...Read More
Technical analyst Clive Maund charts silver and explains why he believes it is one of the best investments for these times.With hyperinflation looming, silver has to be one of the best investments of these times, especially as it leverages gold's gains. This summer saw a spectacular high volume breakout from the giant base pattern that had been forming for years, as we can see on its latest 13-yea...Read More
Technical analyst Clive Maund takes a look at gold charts and explains why he believes the dollar price of gold will eventually skyrocket.With a collapse in the dollar and hyperinflation now inevitable, it is clear that the dollar price of gold will eventually skyrocket, and when I say "eventually" I am not talking about in 5 or 10 years time. It is already starting to accelerate away to the upsid...Read More
By the end ofnext year, Australia is expected to become the #1 country in goldproduction, knocking China from the pedestal during today’s gold bull market.It’s been home to some of the biggest gold bonanzas in the world,like the Mount Morgan mine which has produced over 8 million ounces of gold to date.But while all eyes have been on Western Australia over the pastseveral years, a team...Read More
The gold miners’ stocksare still correcting, continuing to rebalance both technicals and sentiment. This sector’s huge surge into early August spawnedextreme overboughtness and universal euphoria, which are gradually being bledaway. This same necessary and healthy correctiveprocess is underway in gold itself, which overwhelmingly drives gold-stockprice levels. This is...Read More
The steel industry must innovate further and look to other sectors for solutions, Tata Steel chief executive TV Narendran said during Fastmarkets' Steel Success Strategies 2020 virtual conference on Wednesday October 28.Traditionally, the industry has been more focused on continuous improvement than on innovation, Narendran said, having pushed for efficiency improvements and incremental performanc...Read More
It is the the massive debt. It cannot beserviced. It will collapse the whole system.The gold, silver and cryptocurrencies chartsare showing signs of going parabolic. The US dollar is close to confirming a massive breakdown.Gold, silver and cryptocurrencies allprovide “crisis value” by simply being an acceptable debt-based fiatalternative. It is only later in this crisis that we will se...Read More
Demand for steel in the European Union dropped by 25% year on year in the second quarter of 2020 and while European steel association Eurofer expects the pace of decline to slow in the fourth quarter, it believes demand will not recover until late 2020-early 2021. Unprecedented steel demand deterioration in the region started in late 2019 and has continued into the first quarter of 2020, with Covi...Read More
David Smith - Even in the competitivehunting/shooting community, few enthusiasts know about an arcane rifle known asa "double trigger shotgun." Essentially, it's a double-barrel shotgunhaving a trigger for each barrel.This was an early day'sdesign with the triggers located inside the trigger guard, back to front. Itwas possible to press both triggers at once, causing a double discharge,...Read More
The biggest banks in the world areeyeing gold prices of around $3,000 in just over a year. Former Citigroup billionaireThomas Kaplan predicts $5,000gold . And even without those predictions, the gold rush is on … Miners are stampeding this single gold rush territory …That’s already produced over 40 million ounces of gold … And still has an estimated 68 million+ oun...Read More
India will miss its forecast steel targets in 2030, but the sector should continue to grow on increased government spending, Tata Steel chief executive T.V. Narendran said during Fastmarkets Steel Success Strategies 2020 virtual conference on October 26-28During a Q&A session Narendran was asked to comment on the future of the Indian steel market and production as well as the sustainable growth ra...Read More