The mood in the European hot-rolled coil market has become bullish due to a combination of a material shortage and strong demand, sources told Fastmarkets on Thursday March 18.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?792.50 ($944.71) per tonne on Thursday, up by ?,?1.25 per tonne from ?,?791.25 per tonne on March 17.The index was also up by...Read More

Here are five Fastmarkets stories you might have missed on Thursday March 18 that are worth another look.Brazilian apparent steel consumption increased 24.5% year on year in February, while crude steel output grew 3.8% in the same comparison, according to figures from national steel association, A??o Brasil. ...Read More

Brazilian apparent steel consumption increased 24.5% year on year in February, while crude steel output grew 3.8% in the same comparison, according to figures from national steel association, A??o Brasil.Apparent steel use reached 2.13 million tonnes last month, up from 1.71 million tonnes a year earlier.Meanwhile, crude steel production totaled 2.85 million tonnes in February, from 2.74 million t...Read More

The UK steel industry is a key focus of the British government's ?1 billion ($1.4 billion) Industrial Decarbonization Strategy, which is intended to create the world's first low-carbon industrial sector.The strategy includes a commitment to work with the recently reconstituted Steel Council to consider the implications of a recommendation from the Climate Change Committee and to set targets for o...Read More

Turkish steel mills continued to stay out of the deep-sea scrap market on continuing weak demand for steel, despite the increasing availability of supplies, especially from the Baltic Sea, sources told Fastmarkets on Thursday March 18.The most recent deep-sea bookings were done at the end of last week, when two Baltic Sea cargoes were sold at $435-437 per tonne cfr on a heavy melting scrap 1&2 (80...Read More

Rogesa, a joint subsidiary of German steelmakers Dillinger and Saarstahl, has installed new equipment which will result in reduced carbon emissions and additional energy generation, the company announced on Wednesday March 17.The new dedusting system for the circular cooler - a rotating belt on which the sinter cools - has been installed at sinter plant 3 of Rogesa Roheisengesellschaft Saar in Dil...Read More

Iron ore prices increased slightly on Thursday March 18, after China announced that the emissions restrictions being imposed in Tangshan will be less strict than previously anticipated, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $166.62 per tonne, up $0.43 per tonne62% Fe low-alumina fines, cfr Qingdao: $166.98 per tonne, up $0.71 per tonne58% Fe fines high-grade premium,...Read More

The Turkish steel billet markets have remained weak over the past seven days with limited sales and falling prices due to softer scrap costs, sources said on Thursday March 18.Turkish deep-sea scrap import prices have been falling since late last week due to increased supplies.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $438.17 per tonne on March 17, d...Read More

The 10-year yield rose to 14-month highs on Thursday at 1.75%, erasing the gains in gold price yesterday following the Federal Reserve's statements. Lobo Tiggre of The Independent Speculator, said that without yield curve control, the 10-year Treasury note could rise to as high as 2%, which would cause the markets to "break". Short-term, gold has more downside, he said.0:00?EUR< - Gold and yields9...Read More

Macro and precious metals analyst Tavi Costa joins us to answer your questions regarding inflation, commodities, gold and silver.0:00?EUR< - Introduction1:56?EUR< - Whether inflation or deflation is pending5:01?EUR< - How will the latest round of stimulus checks impact the US economy and market7:59?EUR< - Brazilian economy and the Brazilian mining sector11:17?EUR< - Bull market in commodities, and...Read More

Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a...Read More

In this episode of Keiser Report, Max and Stacy look at the claim by a Bank of America analyst that the 40 year bull market in bonds is over as the inflation trade gets set to soar. In the second half, Max interviews Karl Denninger of Market-Ticker.org about the end of the bond market bull and the coming surge in inflation. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Repo...Read More

Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticizing neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the univers...Read More

Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More

How many ways is INFLATION (denied by the Fed, who vow we need MORE OF IT) stealing your hard-earned and saved money?And is the concentrated short-selling of silver and gold on the COMEX a legitimate "hedge" for miners, mints, dealers, and large holders, - or something else entirely?Silver guru David Morgan, founder of TheMorganReport.com, returns to Liberty and Finance to expose the insidious eff...Read More

Following recent revelations of glaring falsehoods reported by The Washington Post, the Bezos-owned paper has told The National Pulse it will notContinue...Read More

With every new smart piece of smart technology we acquire, every new app we download, every new photo or post we share Continue...Read More

Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More

Kevin Duffy interviewed James Grant for his newsletter Coffee Can Portfolio. It is reprinted with permission.Continue...Read More

Why would DJIA leadership be a negative for the markets? You see, when money flows into Continue...Read More