The world's largest trade deal, the Regional Comprehensive Economic Partnership (RCEP), could result in India losing its share of the Asian steel market, sources told Fastmarkets this week."It is likely that steel mills in Southeast Asia will benefit from the RCEP trade deal, and India will lose market share in Asia," a Chinese trader told Fastmarkets.The RCEP was signed by China, the 10 member co...Read More

Strategic & Precious Metals Processing (SPMP) has named Joel Montgomery as its new chief executive with effect from November 1, Fastmarkets learned.Montgomery was chief operating officer and executive committee member at SPMP since September 2018 and has been acting CEO since February 2020.Montgomery spent 12 years with Vale copper nickel operations in Canada where he held various senior oper...Read More

Share this article Integra Resources Corp. [ITR-TSXV; IRRZF-OTCQB] on Thursday November 19 released a series of high-grade gold-silver assays from the 2020 drill program in the War Eagle Mountain area near the company's DeLamar Gold and Silver Project in southwestern Idaho.Highlights include 24.20 g/t gold and 655.06 g/t silver over 7.62 metres north of 2019 drilling at War Eagle."The drill res...Read More

The base metals were consolidating recent gains but generally holding up near high ground this morning, Thursday November 19 - this despite some nervousness emerging in wider markets about the rapid spread of Covid-19.Asian Pacific equities were mixed this morning, but major European equity indices were down while they tracked Wednesday's weakness in US marketsGold prices also weakerBase metals Th...Read More

Nickel Creek Platinum Corp. (TSX: NCP; OTCQB: NCPCF) envisions becoming a leading North American producer of nickel, copper, cobalt and PGMs, through their wholly owned, large, undeveloped Nickel Sh??w Project, located in the favorable mining jurisdiction of the Yukon Territory, with exceptional access to infrastructure, including the paved Alaska Highway, which provides year-round access to deep-...Read More

For 18 years, Chad Kuske was an active duty Navy SEAL.If you know anything about the SEALs, you know these guys are about as tough as they come.Every year, only about 1,000 recruits actually even make it to SEAL training. And of those recruits, maybe 250 successfully complete that training.The mental and physical endurance necessary to even become a SEAL is something most folks simply don't have a...Read More

Lithium needs a transparent market where demand and supply meet to foster the growth of the sector, attendees heard during the annual Lithium in the South America conference organised by Panorama Minero on Wednesday November 18.The event that normally takes place in Buenos Aires was hosted virtually this year due to Covid-19 related restrictions. Interest around bringing price transparency to the...Read More

Concerns over an oversupply of imported cobalt in China have continued to weigh on prices for the metal in the country's domestic market.Fastmarkets' assessment for cobalt 99.8% Co min, ex-works China dropped to 255,000-268,000 yuan ($38,906-40,890) per tonne on Wednesday November 18, down by 2,000-3,000 yuan per tonne (0.9%) from 258,000-270,000 yuan per tonne on November 13. The latest assessmen...Read More

Companhia Sider??rgica Nacional (CSN) has resumed operations on the No2 blast furnace at its Usina Presidente Vargas (UPV) unit in Brazil's southeastern Volta Redonda city, the steelmaker said on Thursday November 19.The Brazilian steelmaker decided to idle the equipment - which has capacity to produce 1.50 million tonnes per year of crude steel - in May, when demand for steel hit...Read More

Hot-rolled coil prices in the United States have shot above $37 per hundredweight ($740 per short ton) for the first time in nearly two years on a supply-chain squeeze potentially made worse by rising Covid-19 infections, market participants said.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $37.25 per cwt ($745 per ton) on Thursday November 19, up by 1.7% from...Read More

Domestic European prices for hot-dipped galvanized coil increased over the week to Wednesday November 18, due to a combination of low availability, solid demand and a lack of imports, sources told Fastmarkets this week.Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was ?,?630-645 ($748-765) per tonne ex-works on Wednesday, up by ?,?15-20 per tonne from ?,?610-63...Read More

Here are five Fastmarkets stories you might have missed on Thursday November 19 that are worth another look.Commodity traders have long forecast that there would be consolidation in their own industry, and in some of the world's biggest centers for metals business that has already...Read More

Reinforcing bar steel prices in the United States continue to hold firm on Wednesday November 18, but some market participants anticipate a scrap-driven price increase could be announced Fastmarkets' assessed steel rebar, fob mill US at $29.75 per hundredweight ($595 per short ton) on November 18, unchanged since September 16. US overviewThe domestic market is stable to trending up, sources said,...Read More

Brazilian flat and long steel import volumes dropped in October 2020, compared with the corresponding month a year earlier, according to figures released by the country's economy ministry earlier this month.Imports of flat steel products fell by 45.71% year-on-year to 69,930 tonnes, from 128,816 tonnes.Brazil did not import any volumes of hot-rolled coil (HRC) from Russia or China in October. Impo...Read More

Here are five Fastmarkets stories you might have missed on Thursday November 19 that are worth another look.Commodity traders have long forecast that there would be consolidation in their own industry, and in some of the world's biggest centers for metals business that has already...Read More

How can we make sense of the election, and can President Trump still win it with the legal challenges? Jim Willie joined Silver Doctors on Thursday, November 19, 2020, for a robust discussion on that and a whole lot more. Only a month ago, Trump was a shoo-in for reelection, and then on election night, everything just kind of stopped, and eventually, the AP called the Presidential race for Joe Bid...Read More

Forecaster Martin Armstrong says we are witnessing a deliberate attempt to take over the world through the World Economic Forum's "Great Reset" which seeks to install global Communism 3.0. It merges three ideologies: Bill Gates being a symbol of the eugenics and depopulation program, George Soros' "Open Society" a key driver of the one-world government, and Klaus Schwab a Marxist at heart who has...Read More

We can't report on the vaccine results yet because - no data! Just cheery press releases. But we can say that The Lancet was caught running a letter from "prominent scientists" that was actually the brainchild of Peter Daszak's organization. So, terrible, awful optics on that.Links:WaPo on Virus Origin: https://www.washingtonpost.com/opinio...Christopher Martenson is a former American biochemical...Read More

Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More

What is the 'Great Reset' currently being touted by technocrats across the globe? Is this something new, or have the plans been in place for a long time? What does it all mean? "You're going to play this game whether you want to or not...you are either going to be a victim or a beneficiary. There are only two sides to this, it's a binary outcome." - Mike Maloney. Jeff Clark is editor and lead writ...Read More