Hollow steel sections prices in Europe moved up this week, with mills pushing hard to achieve higher prices, market sources told Fastmarkets on Wednesday September 30.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?580-590 ($679-690) per tonne on Wednesday, up from ?,?570-585 per tonne one week previous.The price of HRC, the feedstock...Read More

A correction has been issued for this article.The...Read More

Steel H-beam prices in Europe remained flat this week despite more producers announcing fresh increases, sources told Fastmarkets on Wednesday September 30.Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe was ?,?530-570 ($620-667) per tonne on Wednesday, unchanged week on week."The market is a bit tricky - prices increase, but demand is low," a trader...Read More

Turkish steel producers extended their absence from the deep-sea scrap market amid weak finished steel demand, sources said on Wednesday September 30.Two Baltic Sea cargoes of HMS 1&2 (80:20) were sold to Turkey at $296 per tonne cfr late last week, were the first deals heard since September 9, when the price was $301 per tonne cfr. ...Read More

Fastmarkets proposes to amend the publication time of its weekly steel billet and slab export prices for Iran-origin material in order to better capture the full extent of market activity, and to bring the specifications into line with the majority of Fastmarkets' other regional steel price assessments.The current publication time for both price assessments is Wednesday, 1-2pm London time.The prop...Read More

Prices in the Iranian export market for steel billet strengthened in the week to Wednesday September 30, supported by activity on the traders' side.Offers from Iranian mills have not been numerous because some of them have already sold out their October export allocations. Some mills have not placed any tenders for three consecutive weeks.Several cargoes of Iran-origin billet scheduled for product...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 30 that are worth another look.Bangladeshi conglomerate Bashundhara Group has decided to build a large steelmaking furnace that will boost the country's demand for imports of scrap steel over the coming years, sources...Read More

The European Commission (EC) has initiated anti-dumping proceedings concerning imports of stainless steel cold-rolled flat products originating in India and Indonesia. The investigation follows a complaint lodged on Monday August 17 by the European steel association Eurofer. The complaint alleges that imports of stainless steel cold-rolled flat products from India and Indonesia are being...Read More

Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More

"As you know, the stock market is still very much overvalued. One of the reasons is the 'Buffett Indicator,' and that is the value of the stock market compared to the value of the entire GDP, and it's extreme. I think it's more extreme than the 2000 bubble. If you want to buy low and sell high, you have to have indicators of what is low and what is high, and, for me, this is high. This is based on...Read More

GoldMoney's Alasdair Macleod joined us today for an extensive discussion of the collapsing dollar. Alasdair believes that the current state of the Fed guarantees a hyper-inflationary collapse. And that means that investments, savings and pensions will become near worthless. Of course precious metals will go exponential. Real estate and other property will initially lose its value but will recover...Read More

Time Stamp References:1:15 - Changes due to the pandemic.5:10 - Buying opportunities and retirement.12:05 - The gold playbook.16:25 - Evaluating speculative companies.20:20 - Price expectations for companies.24:30 - Silver and retail investors.25:15 - Millennial purchasing power.31:30 - Risks for the US Dollar.35:00 - Investments versus careers. Lior Gantz has been called a thrill-seeking entrepre...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

New York City is ramping up the New World Order police state. The city now has "mask patrol" that will fine those who disobey the NWO order commands to mask up.Continue...Read More

CBP failed to protect 184,000 facial images of cross-border travelers before massive data breach last year, according to report.Continue...Read More

According to economist Thorstein Polleit who works for Degussa and writes occasionally for www.mises.org, "price inflation caused by the increase in the quantity of money does not only Continue...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday September 30.Key drivers  Persistent tightness in titanium scrap supplies in Europe causes prices to climb for the third week in a row.  Scrap generation has fallen in line with a downturn in heavy industry, particularly the aerospace sector, with a fall in volumes from machine shops, forge shops and fabricators. National...Read More

I think it was a disaster and reflects what our computer has warned about - the nation is seriously divided. I think Trump thinks he showed he was a fighter, but it was more like a food fight in high school with a lot of yelling.Continue...Read More

Will the debate's outcome influence voters?Probably not much. Most people already have a clear idea of who they support.For example, most people either love Trump or hate him, and they're not going to change their minds based on some debating point.Continue...Read More

Evidence indicates that it came from NIH funding of EcoHealth Alliance, an entity doing "gain-of-function" research in collaboration with the Wuhan Institute of Virology. Many experts believe Continue...Read More