Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 17, 2020 Please click here now. Over the past few decades, the decline of the fiat-oriented American empire has been accelerating. The nation now looks a bit like an aging boxer who has become more of a punching bag than a fighter. Debt, pestilence, money printing, failed trade and r...Read More

Aluminium's three-month price on the London Metal Exchange was among the best performers at the end of trading on Tuesday November 17, with prices stabilizing after a bullish trading session on Monday. The three-month price for the light metal rose by 1.36% from Monday's closing price, to reach $1,977.50 per tonne on Tuesday. A price above $1,970 per tonne for aluminium has not been...Read More

US retail sales figures for October were up 0.3% from September but lower than forecasts of 0.5%.The country's industrial production rose 1.1% in October but was still 5.6% lower than its pre-pandemic February level.The S&P 500 closed 0.48% lower, the FTSE 100 lost 0.87% but Japan's Nikkei 225 was up 0.42%.Market futures were mixed.The gold price was about US$1,881 an ounce on the spot market....Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional chemical assay results from the completed summer drilling program at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlight...Read More

A summary of base metals premiums from across the globe for the week to Tuesday November 17. Please click...Read More

An overview of the chrome ore and alloy markets and their latest price moves. China  UG2 buyers attempted to push down prices amid additional volumes of off-spec material being available on the market.  Some buyers made lower bids, citing rising port inventory and their bearish outlook for the alloy sector, while some decided to buy...Read More

Fastmarkets proposes to amend the specifications of its manganese ore 44% Mn index.For its manganese ore 44% Mn, cif Tianjin, $/dmtu index, Fastmarkets proposes to change the silica content to a base of 10% and a max 15%, from a base of 11% and max of 12%, in its specifications in response to product changes in the market.The current specifications are:MB-MNO-0001 Manganese ore 44% Mn, cif Tianjin...Read More

Turkish steel mills did not book any additional cargoes on the second day of the week following a recent rise in prices, sources told Fastmarkets on Tuesday November 17.The mills steered clear of deep sea scrap cargo purchases again on Tuesday, with some backing away from the market on concerns that prices had become too high after the recent jump."Some people are cautious because prices have...Read More

Alvance, the aluminium division of GFG Alliance, is proposing to invest in a new recycling and casting facility that will almost double output at its Fort William, Scotland, plant and continue its growth as a low-carbon production hub. The proposed ?94 million ($124.1 million) investment replaces a previously-approved alloy wheels factory due to a significant decline in the UK automotive sector....Read More

Markets were generally buoyant this morning, Tuesday November 17, following news that a second coronavirus vaccine is showing good results, which is underpinning many equity indices at or near record highs, although the base metals on the London Metal Exchange were consolidating. Asian Pacific equities were mainly higher, following gains on major western equity indices on Monday......but major wes...Read More

South Korean imports of lithium carbonate compounds more than doubled in September 2020, with increased demand from restocking by cathode and battery manufacturers ahead of an expected surge in prices, sources have told Fastmarkets.According to data released by the South Korean customs office, imports of lithium carbonate salts into the country totaled just over 4,039 tonnes in September, up by mo...Read More

Sunrun (NASDAQ: RUN), America's largest rooftop solar company, jumped from $8 in March to a high of $78 in October before pulling back a bit. The Invesco Solar ETF (NYSE: TAN) went from $22 to $75. JinkoSolar Holding (NYSE: JKS) went from $20 to $87 in a month!But perhaps the biggest sea change is that ExxonMobil - the largest company in the world in 2012 - has been replaced by Tesla in the S&P 50...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index which is used by the Horizons Cdn Insider Index (HII). Last week, the INK CIN rocketed another 47.29 points, or 4.2%, to close at 1169.65. In the past two weeks, the Index has melted up over 118 points and 11%.Our short-term momentum indicator, RSI doubled its prior week's move and soare...Read More

Here are five Fastmarkets stories you might have missed on Tuesday November 17 that are worth another look.Flat steel import prices in the United Arab Emirates (UAE) have increased over the past week because of a shortage of hot-rolled coil and globally strong demand, sources said on November 17.Alvance, the...Read More

Hot-rolled coil prices in the United States held steady while more service centers tried and failed to enter the spot market for January 2021 shipments, with some buyers now unable to supply customers with enough tonnage to fulfill downstream needs. Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $36.31 per hundredweight ($726.20 per short ton) on Tuesday November 17,...Read More

Flat steel import prices in the United Arab Emirates (UAE) have increased over the past week because of a shortage of hot-rolled coil and globally strong demand, sources said on Tuesday November 17.Local demand for flat steel was strong in India and China, the main exporters of flat steel to the UAE and Saudi Arabia, so offers were limited.UAEOffer prices for HRC from Indian suppliers were heard a...Read More

Here are five Fastmarkets stories you might have missed on Tuesday November 17 that are worth another look.Flat steel import prices in the United Arab Emirates (UAE) have increased over the past week because of a shortage of hot-rolled coil and globally strong demand, sources said on November 17.Alvance, the...Read More

Italian plantmaker Danieli will supply a new wire rod line and slab caster automation and control system to Turkish long steel and flat steel producer Habas, Danieli said on Monday November 16.The new wire rod mill will be installed in the Aliaga steelmaking plant with capacity to produce steel grades including low- and medium-carbon steel, welding wire, high-carbon and PC wire, and reinforcement...Read More

Steel billet and rebar prices in the United Arab Emirates increased this week, despite only moderate demand, sources said on Tuesday November 17.Domestic rebarThe country's biggest steel producer Emirates Steel was offering rebar at 1,984 dirhams ($540) per tonne ex-works for orders to be produced in December, up from the previous price of 1,936 dirhams ($527) per tonne ex-works for orders to be p...Read More

Turkish steel mills did not book any additional cargoes on the second day of the week following a recent rise in prices, sources told Fastmarkets on Tuesday November 17.The mills steered clear of deep sea scrap cargo purchases again on Tuesday, with some backing away from the market on concerns that prices had become too high after the recent jump."Some people are cautious because prices have...Read More