Here are five Fastmarkets stories you might have missed on Wednesday March 10 that are worth another look.High bulk freight costs are causing severe challenges in shipping ferrous materials this week, sources told Fastmarkets.The majority of members of the Workers' Union at Minera Los Pelambres in...Read More

The majority of members of the Workers' Union at Minera Los Pelambres in Chile voted to go on strike after rejecting the latest labor offer from the unit's owner, Antofagasta, the union said on Wednesday March 10.According to the union, 389 members voted to walk out from the mine operations, while there were six votes to approve the offer and three abstentions. The previous labor deal will expire...Read More

Tin supply is extremely tight worldwide, resulting in a tin cash price near 10-year highs and peak premiums in all global regions in the fortnight to Tuesday March 9.After being relatively flat for a long time, European premiums made sudden jumpsTin from the government stockpile has offered no relief yet in the United StatesTaiwan's tin premium holds Premiums hit record high in 'extremely dif...Read More

Chinese nickel full-plate premiums rose to an 18-month high in the week to Tuesday March 9 after an opening of the arbitrage window between London and Shanghai led to a pick-up in spot activity.Premiums surge in China; nickel sulfate price down slightly European, US spot premiums flat China nickel premiums reach 18-month high; nickel sulfate narrows downwardChinese nickel full-plate premiums reach...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 10 that are worth another look.High bulk freight costs are causing severe challenges in shipping ferrous materials this week, sources told Fastmarkets.The majority of members of the Workers' Union at Minera Los Pelambres in...Read More

Those who have the benefit and conviction of understanding the silver market will reap the biggest rewards...by Peter Krauth via Streetwise ReportsSilver is an odd metal.The crowd loves to hate on it for decades. That's simply because they don't really understand it. But when sentiment flips, it becomes a rock star.I think silver has entered its rock star period. And it's about to generate a strin...Read More

Backtesting silver's price performance of the past 60 years, the bullish setup for silver...Patrick Karim interviewed by Patrick V. via SBTVWe are joined on Metal Money by Patrick Karim, veteran chart trader and founder of Badcharts.com. Patrick backtested silver's price performance in the past 60 years and shows how the bullish setup for silver now is forecasting 90 to 500% gains hereon.FULL SHOW...Read More

Silver investors have been getting increasingly frustrated in recent months as silver has basically done little, while...by Clive Maund of Streetwise ReportsSilver investors have been getting increasingly frustrated in recent months as silver has basically done little, while Bitcoin, blockchain and selected biotech and tech stocks have soared. We ourselves haven't paid silver much attention becaus...Read More

Silver needs to return to its unassuming ways and rebuild the technical position, which it...by Michael Ballanger via Streetwise Reports"Today we're still a long way from our goals of maximum employment and inflation averaging 2% over time. . ." -Jerome Powell; March 4, 2021The week that just passed presented us with more than a few seminal moments, those points in time where a well-constructed co...Read More

Silver can be many things to many different people...By Matt from Silver Fortune via Silver FortuneSilver can be many things to many different people. What is it to you? Read More

JP Morgan and its Authorized Participants played a very SAVVY "Accounting Gimmick" to squelch the Silver ShortSqueeze... by Steve St Angelo of SRSrocco ReportIn March, sales of Silver Eagles continue to be quite strong as investors pay hefty premiums for the highly sought-after U.S. official silver coin. Also, the U.S. Mint has sold 70 times more Silver Eagles than Gold Eagles in the first eig...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 10.Please click...Read More

The London Metal Exchange three-month tin price closed at $25,125 per tonne on Wednesday March 10, while the lead price sunk to levels last seen in November 2020 alongside a broad-based consolidation for most base metals. Tin's near-3% price rise on Wednesday comes on the back of period of weakness which targeted the entire complex since the start of March following an earlier surge at the end of...Read More

There is no wait time for aluminium at Istim's London Metal Exchange warehouses in Port Klang, Malaysia, for the first time since December 2018, according to the LME's latest queue report that covers February. The zero-day wait for aluminium at Istim warehouses at the end of February, is down from 23 days at the end of January 2021. Queues to remove metal from LME-approved warehouses hit a high of...Read More

The conclusion of various holiday seasons, the end of winter, the progress of Covid-19 vaccination programs, and the will to return to more normal ways of life were all strong positives for the global long steel products market, the International Rebar Producers & Exporters Association (Irepas) said last week.The current situation and sentiment were generally very good in the world's long steel ma...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.United StatesDomestic prices for hot-rolled coil (HRC) in the United States averaged $1,316 per tonne in February 2021, and Fastmarkets' research team expects prices to maintain that momentum through March and April.Flat steel product prices in the country continue to be supported by exceedingly tight supply, reflecting prod...Read More

RAPAPORT... Platinum Guild International (PGI) will award up to half a million dollars to manufacturers, designers or retailers who commit to focusing on platinum jewelry.The money will go to one or more members of the industry as part of a three-year program to develop demand for, and speed growth of, platinum jewelry in the US, PGI said Tuesday. The organization will give out a maximum of $150,0...Read More

RAPAPORT... Signet Jewelers has launched a custom-jewelry design hub at a number of its Jared stores across the US, allowing its customers to create one-of-a-kind pieces easily.The Jared Foundry will be located inside 19 of the jeweler's locations, including in New York, California, Texas, and its hometown of Ohio, the company said Tuesday. Customers will work with one of Jared's 1,400 artisans an...Read More

RAPAPORT... Tiffany & Co. has named Ruba Abu-Nimah as executive creative director, it said Tuesday. She will succeed Reed Krakoff in the role, Abu-Nimah is the first major creative hire for the company since Krakoff exited following its takeover by LVMH. Before joining Tiffany, she was senior vice president and creative director at beauty and makeup giant Revlon. Abu-Nimah was also the fi...Read More

RAPAPORT... Sales momentum continued for the two largest diamond miners in February amid higher rough prices and strong retail demand in the US and China.De Beers raked in $550 million at its second sales cycle of the year, an increase of 52% versus the equivalent trading session in 2020, it reported Wednesday. Alrosa saw more moderate growth of 7% for a total of $372 million at its February...Read More