The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:?EUR? Flat steel product prices in the United States moved largely in line with our expectations in October, although the increases slightly outpaced our projections. US hot-rolled coil prices averaged $655 per ton in October, exceeding our forecast price of $640 per...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Flat product prices in the US moved largely in line with our expectations in October, posting impressive gains across the product range, and slightly exceeding our forecasts for coil products.Domestic hot-rolled coil prices averaged $722 per tonne in October, exceeding our forecast of $705 per tonne forecast price.Although w...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
The latest forecasts from Fastmarkets' team of analysts is ready to view.Approaching the end of the calendar year, steelmakers and consumers enter a busy period of contract negotiations for supply for 2021 or at least the first quarter or half year.With the sharp increases in spot market steel prices during recent months, steelmakers are understandably looking to take advantage and secure higher c...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 latest forecasts from Fastmarkets' team of analysts are ready to view.US ERW OCTG edges higher, seamless could followRising substrate costs helped support US ERW OCTG prices this month, especially at the upper end of the range of offers. Seamless OCTG and linepipe prices, meanwhile, held firm compared with September prices. The fundamentals remain weak, with rig counts going up...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 latest forecasts from Fastmarkets' team of analysts are ready to view.Prices for most ferro-alloys maintained their upward momentum into October, solidifying previous gains and reflecting the improved demand from steelmakers, the rebuilding of depleted inventories, and the supply-side concerns following both planned and unplanned outages. Gains were noted for ferro-silicon, silicon metal, mang...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloys forecast highlights:Prices across most ore and alloy markets trended higher in September, buoyed by improving demand from steelmakers with the end of the summer holiday season in Europe and the United States, as well as maintained demand from Chinese steel mills. Tightening of alloy inventories...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
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Prices across most ferro-alloy markets trended stable to lower in August as demand remained subdued in major markets, apart from China where steel output continues to rise at a rapid pace, supporting demand for ferro-alloys. As alloy makers seek to remedy supply/demand imbalan...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 latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Numerous ore and alloy markets enjoyed upward pricing momentum in the first half 2020, with supply-side constraints supporting prices despite collapsing demand from steelmakers and other key end users. While supply side issues related to Covid-19 lockdowns have been resolved,...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...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
Whether you’re buying a brand new BMW or a second hand Range Rover, it’s necessary to secure clear title so you can sell or trade the vehicle in the future. If you purchase a home in The Hamptons or in the Vancouver suburbs, the title or warranty deed should ensure the property is unencumbered by a mortgage or tax lien. When acquiring gold, silver or platinum, you need documentation to...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese blast furnace (BF) utilization rates have stagnated and iron ore port stock volumes are rising, reaching their highest levels since March, which suggests that iron ore supply is becoming excessive while demand is not growing. Unsurprisingly, prices dropped last week and we expect the trend to continue. The market has...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.We do not consider the average iron ore fines price for September so far above $125 per tonne cfr Qingdao to be sustainable. The bullishness is not likely to last in the long term as we expect Chinese demand growth to slow down. A key factor boosting Chinese steel demand so far has been the stimulus policies from the authori...Read More