A Polish subsidiary of US steelmaker Commercial Metals Company (CMC) is likely to commission a new wire rod mill in the second quarter 2021, several sources told Fastmarkets on April 23.Sources that spoke to Fastmarkets expect CMC's long products facility in Zawiercie, Poland to commission a new 200,000-tonne-per-year capacity wire rod facility during the second quarter of 2021."CMC Zawierice will...Read More
The domestic steel rebar market in Poland was broadly stable over the week to Friday April 23, despite local steelmakers' attempts to increase prices, Fastmarkets heard.All local rebar producers were reported to have sold out of their April-rolling rebar, market participants told Fastmarkets. Celsa Huta Ostrowiec was said to have almost finished May-rolling bookings and tested the market with fres...Read More
Global steel scrap markets began to revive with growing downstream demand for finished steel in the week to Friday April 23. But regional prices diverged over the period, with Turkish buyers securing scrap at lower levels while Asian importers had to contend with price increases.Mills in Turkey secured cheaper European scrap to feed increased rebar exportsUnited States sales were on hold, with exp...Read More
Pig iron export prices from Brazil increased further during the week to Friday April 23 with demand both in the United States and in the local market.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $540-545 per tonne on Friday, widening upward from $540 per tonne the previous week.Read More
No deals were heard to have taken place in the Turkish scrap import market on Friday April 23, with activity quiet because of the Children's Day public holiday in Turkey.A third booking from Wednesday came to light on Friday, however, which resulted in Fastmarkets' indices edging down slightly.A steel mill in the Iskenderun region booked a Baltic Sea cargo consisting of 22,000 tonnes of HMS 1&2 (8...Read More
Bitcoin's been wobbly... Does it point to a drop in stocks? According to Harry, the answer is yes! Harry explores this topic in light of out-of-control government stimulus... and imminent new taxes. A massive crash is coming, and likely soon. Harry also highlights forensic accountant, author, and professional investor John Del Vecchio.This is a crucial time. Stay informed and subscribe to Harry's...Read More
"There's no connection between inflation and bitcoin," Nassim Taleb, author of "Black Swan," told CNBC's "Squawk Box" team. "The best strategy for investors is to own things that produce yields in the future. In other words, you can fall back on real dollars coming out of the company."Nassim Taleb spent 20 years as a derivatives trader and, after closing 650,000 option transactions and examining 2...Read More
Part 1 (part 2 below)Part 2Adam Taggart is the President and Co-Founder of Peak Prosperity. He wears many hats, but his basic job is to handle the business side of things so that his fellow co-founder, Chris Martenson, is free to think and write. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris (Adam was General Manager of our earlier site,...Read More
Join Ted Oakley's interview with Jesse Felder as they discuss stocks, inflation, interest rates, gold, and more.Jesse Felder is a former hedge fund manager and founder of The Felder Report.Read More
...asks the used car salesman trying to sell you a ten-year old clunker for $16,000.We begin with a brief review of the fraudulent posturing coming from the Federal Reserve, which is trying to convince us there is nothing wrong with the continued voluminous flows of funny money to prop up collapsing valuations of worthless financial instruments. LaRouche's famous Triple Curve Collapse Function ins...Read More
In conversation with Paul Brodsky, managing partner at PostModern Partners.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose S...Read More
*If you are offended by profanity, do not click the play buttonMark Spiegel of Stanphyl Capital talks Tesla, bitcoin and the macro environment.Read More
Coinbase already in a bear market within a week of its IPO.GBTC selling at a record discount.Bitcoin dump is underway.Biden readies massive federal tax increase on capital gains.Rich gringos are benefiting Puerto Rico.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 Strategi...Read More
A popular social media influencer shared a private message she was sent offering a cash payment if she promoted the COVID-19 vaccine to her followers.Continue...Read More
Early last month, Texas governor Greg Abbott announced he would end the state's mask mandate and allow most businesses to function at 100 percent capacity.Continue...Read More
On today's Wall Street Journal home page, two articles appear side-by-side. One is about how a heretofore obscure, nearly-valueless cryptocurrency called dogecoin, originally createdContinue...Read More
Fauci, who is a disgrace to the United States, refuses to yield and refuses to be specific about when people will get their liberty back. Continue...Read More
"the goals of the sudden inspection have been fully achieved. The troops demonstrated their ability to ensure reliable defense of the country."Continue...Read More
"We have patience, self-confidence and righteousness on our side," Putin added. "I hope no one will think of crossing red lines in their relations with Russia. Where that line sits is ours to determine."Continue...Read More
"It is impacting you, whether you know it or not," said Becki Baker, an asthma patient. "People don't realize that over time, this is cumulative."Continue...Read More