The Chinese nickel sulfate price recovered slightly in the week to Friday April 16, supported by high raw material costs while spot liquidity remained thin, market sources told Fastmarkets.Fastmarkets assessed the price for nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China, at 31,000-32,000 yuan ($4,758-4,911) per tonne on April 16, widening upward by 500 yuan per tonne from 31,000-31...Read More

Share this article The Mining Association of Canada (MAC) welcomes several expanded and refined measures proposed in Budget 2021 to help position Canada for success on the "Mines to Mobility" pathway.Designed to support the establishment and growth of a domestic battery electric vehicle (BEV) supply chain, Budget 2021's proposed expansion of the Strategic Innovation Fund - Net Zero Accelerator to...Read More

Sales volumes from flat-steel distributors rose 22.65% in March, compared to figures from the same month in 2020, amid resilient demand and a stronger performance, national distributor association Inda said on Tuesday April 20.Additionally, domestic prices were extremely competitive in comparison with imports despite recent increases applied by mills in April, according to the association.Flat-rol...Read More

Brazil's apparent steel usage grew by 50.15% in March compared with the same month in 2020, with imports outgrowing domestic sales from mills, according to data from national steelmaker association Instituto A??o Brasil published on Tuesday April 20.Steel consumption reached 2.45 million tonnes in March, up from 1.63 million tonnes a year earlier, A??o Brasil data showed. In March of last yea...Read More

Initial public offerings come and go but when they first go public, they are surrounded by hype that would make P.T. Barnum proud. There is an ass for every seat and a share for every speculator.The most recent stock to pass through Wall Street's spin machine was Coinbase Global (NASDAQ: COIN), which went public last week.It debuted at $380, popped to $430, where some unlucky schlub bought it, and...Read More

The price of hot-rolled coil continues to rise across Europe, with the upward trend being driven by a persistent material shortage, sources told Fastmarkets on Tuesday April 20.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?953.75 ($1,145.38) per tonne on Tuesday, up by ?,?12.08 per tonne from ?,?941.67 per tonne on April 19.The index was also up...Read More

GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) is focused on becoming a significant uranium producer through the continued exploration and development of its flagship, mine-permitted Madaouela Project, in Niger, its mine-permitted Mutanga Project, in Zambia, and its multielement Falea Project, in Mali. We learned from Daniel Major, CEO and Director of GoviEx Uranium that the uranium outlook is ext...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries,...Read More

Egypt's ministry of industry and trade has imposed an anti-dumping duty on pre-stressed concrete steel strands from China, Turkey and Tunisia, imported under HS code 73089010, Egyptian sources have told Fastmarkets.The product is mostly used by the cable industry.The anti-dumping duty, which took effect...Read More

Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries, the company said on Monday April 19.The bulk of that investment is aimed at its unit in Pindamonhangaba, in southeastern S??o Paulo state. Gerdau a...Read More

Turkish steel producers continued to push for lower deep-sea scrap prices, while suppliers in the Baltic Sea and United States continued to maintain higher offers, market participants told Fastmarkets on Tuesday April 20.At least three deep-sea cargoes were booked on Friday April 16.The most recent was heard after the indices closed on Monday April 19.A steel mill in the Izmir region booked a Euro...Read More

Fastmarkets proposes to increase the frequency of its India ferrous shredded scrap index to twice each week because of continued price volatility in the market.The steel scrap shredded, index, import, cfr Nhava Sheva, India, is subject to continuous fluctuations in the market as a result of factors such as the Covid-19 pandemic and the global shipping crisis. This means that the index, currently c...Read More

Spot prices for imported ferrous scrap to China remained largely stable on Tuesday April 20, while cargoes of scrap booked in recent weeks have been gradually clearing customs, sources have told Fastmarkets.A steelmaker in north China had its first shipment of imported scrap successfully clear customs at Tianjin port on April 14, while a Chinese metals and minerals trading company had a cargo clea...Read More

The export market for steel billet in the Commonwealth of Independent States became quiet early in the week to Tuesday April 20, with limited numbers of inquiries coming from the majority of outlets."There is no demand and there are no offers for the moment," one trading source said, adding that demand from Latin America and Asia was covered by last week's deals. Several cargoes of Ukraine-origin...Read More

Prices for long steel products in the United Arab Emirates have gone up during the week ending Tuesday April 20 despite demand being low, sources have told Fastmarkets.The Islamic holy month of Ramadan started on April 12, and the traditional reduction in working hours meant that demand was weak in the country. Rebar producers in the UAE rolled over their prices again with effect from April 16....Read More

In today's video you'll receive Mike Maloney's latest thoughts on gold and silver prices, inflation, Bitcoin and more.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 our clips to our free weekly email rea...Read More

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More

George Floyd's autopsy results show he died of hypertension, heart disease, and drug overdose.Video of Derek Chauvin shows he was following procedure and not trying to murder George Floyd.Maxine Waters urges BLM to be more confrontational with their protests.Benjamin Crump lies about Daunte Wright and Kim Potter on ABC's This Week.Peter Schiff is an internationally recognized economist specializin...Read More

0:00:00?EUR< - Introduction0:01:48?EUR< - How do you see the economy playing out in the next 1-3 years?0:06:55?EUR< - How to invest going forward?0:08:21?EUR< - Is the economy really BOOMING?!0:13:03?EUR< - Will inflation be transitory?0:20:24?EUR< - Is the CPI one big Lie?0:25:10?EUR< - Inflation will explode!0:29:00?EUR< - Rising prices are already here0:33:46?EUR< - Disagreement over transitory...Read More

*This interview was filmed on April 12, 2021.Tesla's Elon Musk has a reputation for innovation, but the company's plan to accept bitcoin as a form of payment still made headlines when it was announced last month. Could precious metals be next? In an open letter to Musk, David Morgan, publisher of the Morgan Report, suggests Tesla should consider accepting payment in silver and/or gold through the...Read More