In recent decades, active generals and retired generals have grown into a group of politically influential technocrats who can be regularly seen on evening news programs and areContinue...Read More
Individual recipients don't even have to work on a farm; people getting these payments can be "city slickers."Continue...Read More
Over the past decade, the one common theme despite the political upheaval and growing social and geopolitical instability, was that the market would keep marching higher and the Fed would Continue...Read More
Two days before Powell unveiled Flexible Average Inflation Targeting (FAIT) as the Fed's new monetary doctrine on August 27, some analysts were already pricing it in and analyzing how long Continue...Read More
Hollow steel sections prices in Europe were unchanged this week, despite producers still pushing for higher prices, market sources told Fastmarkets on Wednesday September 23.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?570-585 ($669-686) per tonne on Wednesday, unchanged week on week."New prices from some mills are up by ?,?30 per tonne, an...Read More
As part of this Climate Week in New York intended to influence the US elections against Trump, they have created a clock to countdown the time remaining before we all dieContinue...Read More
Corinth Pipeworks has declared itself the first steel pipe manufacturer for the energy sector to achieve net zero carbon emissions from its operations. Earlier this year, the company set out to become the first steel pipe manufacturer for the energy sector whose operations are carbon-neutral, via the use of green electricity at its pipe manufacturing facility in Thisvi, Greece. The company provide...Read More
With this program, Omineca Mining and Metals is targeting the area around the single underground crosscut that yielded 173.4 ounces of placer gold. Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) announced in a news release it commenced an initial diamond drill program at the Wingdam gold project in British Columbia's Cariboo Mining District.The Canadian resource company will focus the...Read More
HighGold Mining plans to drill 3,500 meters at Munro-Croesus. HighGold Mining Inc. (HIGH:TSX.V; HGGOF:OTCQX) restarted drilling that had been suspended in mid-March due to COVID-19 at its Munro-Croesus property in Ontario's Timmins Camp, it announced in a news release. The Vancouver-headquartered company noted that it will continue its original program but also expand it, ultimately drilling 3,50...Read More
Corinth Pipeworks has declared itself the first steel pipe manufacturer for the energy sector to achieve net zero carbon emissions from its operations. Earlier this year, the company set out to become the first steel pipe manufacturer for the energy sector whose operations are carbon-neutral, via the use of green electricity at its pipe manufacturing facility in Thisvi, Greece. The company provide...Read More
Corinth Pipeworks has declared itself the first steel pipe manufacturer for the energy sector to achieve net zero carbon emissions from its operations. Earlier this year, the company set out to become the first steel pipe manufacturer for the energy sector whose operations are carbon-neutral, via the use of green electricity at its pipe manufacturing facility in Thisvi, Greece. The company provide...Read More
China will aim to be carbon neutral by 2060, President Xi Jin Ping said at the General Debate of the 75th Session of the General Assembly of the United Nations on Wednesday September 23."We aim to have carbon dioxide (CO2) emissions peak before 2030 and achieve carbon neutrality before 2060," he said.China also aims to scale up its Intended Nationally Determined Contributions - intended reductions...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 22 that are worth another look.Swiss stainless steelmaker Schmolz + Bickenbach has had its proposal to change the company name approved by shareholders, it said in a press release on Monday September 21.Read More
RESEARCH HIGHLIGHTS:Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher.Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.Our next upside price target for platinum is $1,410, representing a +52.4% upside price target.Palladium bottom in March 2020 was near $1,357....Read More
Here are five Fastmarkets stories you might have missed on Wednesday September 23 that are worth another look.A blast furnace at Usiminas' Ipatinga unit in Brazil's southeastern Minas Gerais state caught on fire during maintenance work on Tuesday, only a month after being restarted, but there were no expectations of any effect on deliveries,...Read More
Views of gold in relation to other markets and brief summaries thereof, with a focus on how it relates to the gold mining sector and the inflationary macro to come.Gold/Silver RatioGold/Silver is in a potential bounce pattern with RSI and MACD positive divergences. A bounce (if applicable) – which would likely come in unison with a counter-trend bounce in USD could accompany more broad ...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 23.Please click...Read More
The London Metal Exchange base metals prices remained under pressure on Wednesday September 23, with the benchmark prices for all metals retreating during the day's trading.Fastmarkets analyst Boris Mikanikrezai noted that the US dollar pushed higher for a fourth consecutive day, "producing deflationary pressure on commodity prices."The general dollar index was last seen at 94.22, up by 0.24."Copp...Read More
Long lead times and a reduced domestic output have combined with a lack of competitive import offers to drive up the local price for hot-rolled coil in Europe, sources have told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?487.61 ($572.17) per tonne on Wednesday September 23, up by ?,?2.26 per tonne from ?,?485.35 per tonne on Tuesd...Read More
Here are five Fastmarkets stories you might have missed on Wednesday September 23 that are worth another look.A blast furnace at Usiminas' Ipatinga unit in Brazil's southeastern Minas Gerais state caught on fire during maintenance work on Tuesday, only a month after being restarted, but there were no expectations of any effect on deliveries,...Read More