The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:?EUR? There is no end in sight to the shortfall in flat steel supply that has characterized US markets in early 2021, and we expect record-high US pricing for hot-rolled coil to persist through the second quarter of 2021 and into the second half of the year. We are fo...Read More
Steel rebar prices from Russia increased in the week to Monday April 12 supported by a strong domestic market, Fastmarkets has learned."Russian domestic prices are strengthening," a source on the producers' side said.Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 54,000 roubles ($697) per tonne on April 12, including 20% value-added tax. This was...Read More
Raoul Pal has started to look at asset prices a bit differently. In this week's Insights, we decided to take his framework and apply it to Canadian home prices. Are we headed to the moon?Will Tiff Macklem take Canadian home prices to the moon?Some voices, however, believe asset prices still will come back down to earth. Those opposing views and more in this week's edition. Read More
The domestic steel rebar market in Russia's Central Federal District around Moscow was broadly flat over the week due to producers holding back from making new offers, while buyers expect prices for May volumes to rise, Fastmarkets heard on Monday.Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia was 54,000 roubles ($697) per tonne, including 20% value-a...Read More
Turkish domestic auto bundle scrap prices have increased slightly over the past week, but ship scrap prices were fairly stable, market sources said on Monday April 12.In response to the upturn in imported scrap values over the past week, a number of steel mills have raised their buy prices for domestic auto bundle scrap.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix),...Read More
Australia's Port of Port Hedland shipped 24.5% more iron ore in March than a month earlier, according to data from the Pilbara Ports Authority (PPA) released on Monday April 12.The port exported 46.7 million tonnes of iron ore last month, compared with 37.5 million tonnes in February.Volumes shipped in March were largely flat with that shipped in the...Read More
Luo Tiejun, the vice president of the China Iron & Steel Association (Cisa) said the country will take measures to push down steel production in 2021 and raise imports.Luo, who spoke at the Regional Comprehensive Economic Partnership's (RCEP's) Steel Development Forum on Friday April 9, emphasized five major points, according to a report on Cisa's website.Lower crude steel outputCisa is of the opi...Read More
Prices for steel slab from the Commonwealth of Independent States continued to climb in the week to Monday April 12, supported by persistent growth in finished flat steel prices both domestically and in customers' markets.Offer prices for hot-rolled coil (HRC) from producers in Russia and Ukraine have jumped to $895-960 per tonne fob, depending on the coil weight and supplier, up from $885-905 per...Read More
Luo Tiejun, the vice president of the China Iron & Steel Association (Cisa) said the country will take measures to push down steel production in 2021 and raise imports.Luo, who spoke at the Regional Comprehensive Economic Partnership's (RCEP's) Steel Development Forum on Friday April 9, emphasized five major points, according to a report on Cisa's website.Lower crude steel outputCisa is of the opi...Read More
Six-time best-selling author Jim Rickards speaks with our Daniela Cambone about the road to economic recovery. They cover various topics, including Rickards' stance that deflation remains the greatest risk to the economy, despite reports of inflation. Rickards also talks about M2 skyrocketing- and how it coincides with the discontinuation of the Federal Reserve's money supply series, data that has...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Question 1: 11:01?EUR
Want more help from David Moadel? Contact me at [email protected]David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More
In this video, we talk to Vince Lanci. Vince is one of the most in-depth conversations that we've had into the subject of the currency reset. He explains how it's actually already started, and the next phases of how it will manifest itself. We talk about Gold & Silver, precious metals, the stock market, and how the global currency reset will take place. Vince suggests that inflation is really goin...Read More
Treasury Secretary Janet Yellen has proposed that governments around the world require payment of at least a uniform "global minimum corporate tax." A motivation for Yellen's push for a global minimum corporate tax is fear that the Biden administration's proposed increase in the US corporate tax will cause some American corporations to flee the US for countries with lower corporate taxes.President...Read More
No crash immediately ahead. The economy is like a giant aircraft carrier, it takes a lot of time turn around. Too much growth and too much money coming in. Twelve percent chance of a rate hike in December, despite their repeated denials to the contrary. Gold is heading upward with a resistance point of $1825. Miners are now leading the metals, which is what you want to see, especially at turning p...Read More
Gerald is holding a freedom rally in Kingston on Memorial Day. Join him there. It's time for people to stand up for what they believe in. Beware of vaxx passports. What about declining sperm counts? Gerald says, "Big Pharma is nothing more than a bunch of drug pushers." He is a man born of freedom and was not put on this planet to take orders from garbage peddlers to serve their whims. He believes...Read More
"There remains an urgent need for a global plan that can create new or regenerate existing institutions, particularly those of global governance, and help to build a new network of international relations for advancing the integral human development of all peoples."Continue...Read More
"Am I FLoCed is one of an effort to bring to light the invasive practices of the adtech industry - Google included," the group says on its website."If you are a subject, we will tell you how your browser is describing you to every website you visit."Continue...Read More
The way to approach this is actually simple. It is true that Congress has granted total immunity to the drug companies so they Continue...Read More