Blister copper refining charges (RCs) in China rose in March to their highest level since January 2019, with spot buying interest in the country decreasing.Fastmarkets' assessment of the copper blister 98-99% RC, spot, cif China, was $170-185 per tonne on Tuesday March 31, compared with $160-170 per tonne at the start of the month.A deal was reported by a...Read More

Base metals prices on the Shanghai Futures Exchange were weaker on Wednesday March 31, while they track the movement of three-month prices on the London Metal Exchange on Tuesday, but LME prices have found support this morning.Enthusiasm over economic recovery sent United States treasury 10-year yields higher on TuesdayChina's manufacturing purchasing managers' index (PMI) climbs more than expecte...Read More

The launch of the first responsible sourcing standard for artisanal cobalt mining in the Democratic Republic of Congo (DRC) has reopened the door for financing banks previously unwilling to invest in the sector, the head of corporate responsibility at Trafigura said. According to James Nicholson, the creation of Entreprise G?(C)n?(C)rale du Cobalt (EGC) and its newly launched standard allows artis...Read More

Oh, the havoc a tiny ship can wreak upon the market.Well, perhaps it's not such a small ship. The Ever Given is actually one of the longest ships in service today, with an overall length just shy of 400 meters.And unless you've been living off the grid over the last week, I have no doubt you've watched the story of this behemoth wedging itself in the Suez Canal unfold.If you're like me, you weren'...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 31 that are worth another look.Market sources believe hot-rolled coil prices in the Northern European domestic market will remain on an upward trend into the second quarter despite reaching a new peak this week, with steelmakers widely seen as having...Read More

Indian steel mills were likely to offer hot-rolled coil for export to Europe in the week beginning April 5 at prices exceeding $1,000 per tonne cfr, Fastmarkets heard on Wednesday March 31."Indian mills are waiting until next week to offer HRC to European customers, targeting prices of more than $1,000 per tonne cfr European ports," one market participant said.An official from a major HRC exportin...Read More

Domestic prices for hot-rolled coil in Northern Europe were stable day on day on Wednesday March 31, but they were expected to rise in the first half of April, sources have told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?836.00 ($981.27) per tonne on Wednesday, unchanged day on day.The index was, however, up by ?,?16.00 per tonne...Read More

Prices for steel hollow sections in Europe increased further in the week to Wednesday March 31 following additional increases to feedstock costs, sources told Fastmarkets. Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?920-950 ($1,079-1,115) per tonne on Wednesday, up from ?,?890-920 per tonne one week previous. "Prices went through the r...Read More

European steel H-beam prices remained unchanged on Wednesday March 31 in the run-up to the Easter public holidays, sources told Fastmarkets.Despite the recent announcements of ?,?30 per tonne price increases by mills, only a  ?,?10 per tonne increase was achieved on March 10, with prices remaining steady since then.Fastmarkets' weekly price assessment for steel beams, domestic, delivered Nort...Read More

Domestic steel rebar prices in the north of Europe moved up slightly int the week to Wednesday March 31, despite buyer resistance, with any increases expected be absorbed by the seasonal pick-up in demand in April, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe was ?,?640-660 ($751-775) per tonne on Wednesday, na...Read More

Turkish deep-sea scrap import prices edged up further on Wednesday March 31 on news of a fresh US cargo, market participants told Fastmarkets.A steel mill in the Izmir region booked the cargo, comprising HMS 1&2 (80:20) at $430 per tonne, shredded at $435 per tonne and plate & structural (P&S) scrap at $440 per tonne cfr. However, the cargo breakdown was not immediately clear at the time of public...Read More

Iron ore prices continued their downtrend on Wednesday March 31, with trading sentiment still depressed amid low liquidity at ports, sources said.Market chatter about potential plans to cut steel industry emissions and downgrade more mills in Tangshan also drew market attention, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $165.15 per tonne, down $1.43 per tonn...Read More

A sharp increase in inflation expectations for the US Dollar this year have led to heightened volatility across global assets and affected copper and iron ore prices, market sources told Fastmarkets.The rollout of several stimulus measures by the US government to help the economy recover following the fallout of the Covid-19 pandemic, including various monetary and fiscal policies, had caused infl...Read More

Iranian steel billet producers achieved higher prices in their recent round of tenders, supported by increased demand and therefore prices in Asia, Fastmarkets heard on Tuesday March 30.On Tuesday, one of the country's major billet exporters, Khouzestan Steel, finalized a tender for 30,000 tonnes of billet at $560 per tonne fob southern Iranian ports.Esfahan Steel was reported to have closed its t...Read More

Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.Read More

Gold and silver have seen significant selling pressure over the last two days. Join Mike Maloney and Jeff Clark as they discuss this and more latest news.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release ou...Read More

**This webcast originally aired live on Hedgeye.com on March 16, 2021**This is an exclusive "Hedgeye Investing Summit" interview between Grant Williams, Founder of Things That Make You Go Hmmm... and Hedgeye CEO Keith McCullough.Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experie...Read More

Gregory Mannarino of http://traderschoice.net joins The Alex Jones Show to break down the ways to navigate the globalists' environment of lies and the impending cataclysmic economic collapse.Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, h...Read More

The best way to protect against economic turbulence is with hard assets like precious metals and real estate, but even these are under threat from the government, former Congressman and host of The Liberty Report, Ron Paul, tells Michelle Makori."The government is a threat," Paul said. "They will crackdown because they have the ability to do it. We had a taste of [a free society]. If you don't kno...Read More

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More