Almonte, an engineer with a MSc in nuclear physics from the Universidad de Surrey in the UK, said developing the institutionality of the ministry was a key task and he intended to implement theRead More

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, announced that it will be presenting at the LD 500 Virtual Conference on Thursday, September 3rd, 2020 at 12:00pm PST / 3:00pm EST. Andriyko Herchak, CEO, will be presenting to a live audience and taking 1-1 virtual meetings over the 4 day d...Read More

Here are five Fastmarkets stories you might have missed on Tuesday September 1 that are worth another look.ArcelorMittal is preparing to restart two blast furnaces at its Asturias plant in Spain and Fos-sur-Mer plant in France this month, the company said on September 1.Zinc concentrate treatment charges...Read More

Ferrous scrap prices in Mexico were mostly unchanged in the week ended Friday August 28 amid steady demand, particularly in the country's central region.No major price changes were announced, with some market participants still adjusting to price increases in earlier weeks.Fastmarkets' assessment of steel scrap No1 busheling, consumer buying price, delivered mill Bajio was at 5,950 pesos per...Read More

Turkish steel mills extended their silence in the deep-sea scrap import market after booking a number of cargoes in the last week, sources said on Tuesday September 1.Six deep-sea cargoes totaling around 220,000 tonnes were booked by Turkish steelmakers from various sources at strengthening prices during the week to Friday August 28.The most recent deep-sea deal - booked on August 26 - put the pri...Read More

Markets were for the most part upbeat this morning, Tuesday September 1, with all the metals on the London Metal Exchange firmer, as were pre-market major western equity index prices. China's Caixin manufacturing purchasing managers' index (PMI) beat expectations with a reading of 53.1 for August, compared with 52.8 in July. This was enough to send three-month LME copper prices to levels not seen...Read More

Oil remains the lifeblood of the global economy. The world consumes over 100 million barrels a day. On a yearly basis it consumes 1.134 trillion gallons, or about half the amount of water in Lake Michigan.Oil companies are crucial because they provide fuel for transportation, power, and plastics.Investing in oil can be highly profitable - I've made some of my fastest and largest percentage gains...Read More

Here are five Fastmarkets stories you might have missed on Tuesday September 1 that are worth another look.ArcelorMittal is preparing to restart two blast furnaces at its Asturias plant in Spain and Fos-sur-Mer plant in France this month, the company said on September 1.Zinc concentrate treatment charges...Read More

In June, Jay Pelosky, chief investment officer and co-founder of TPW Investment Management, appeared on INK Ultra Money in a Real Vision Daily Briefing and predicted a market rally through the summer. Today, he is back. While he is still bullish, the New York based advisor sees some big shifts happening, including the underperformance of US assets as the bond bull market comes to an end and tech...Read More

Domestic prices for steel hot-rolled coil across Europe increased further over the week to Friday August 28, supported by high import prices, reduced production from domestic mills and seasonal demand recovery.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?450.45 ($537.09) per tonne on Friday August 28, up by ?,?16.70 per tonne week on week and...Read More

Domestic prices for hot-rolled coil in Northern Europe moved up day on day on Tuesday September 1, driven by a combination of reduced output from domestic mills, a lack of import alternatives and some demand pick-up, sources told FastmarketsFastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe was calculated at ?,?453.48 ($541.18) per tonne on September 1, up by ?,?3.03 per...Read More

The price for steel rebar imported into the United Arab Emirates increased this week because of high production costs, market sources said on Tuesday September 1.Domestic rebarSince August 17, rebar producers in the UAE have been offering the material at 1,800-1,830 dirhams ($490-498) per tonne ex-works for orders to be produced in September, and deals were heard during the week at 1,730-1,800 dir...Read More

Prices for steel rebar in Russia's Central Federal District around Moscow narrowed upward over the latest assessment week because producers were insisting on higher levels for September, sources told Fastmarkets on Monday August 31.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 37,000-37,500 roubles ($499-506) per tonne on September 1, inc...Read More

China's domestic rebar prices were flat on Tuesday September 1 amid a tempered outlook for the market after a major mill kept its ex-works prices stable for early September.Domestic Eastern China (Shanghai): 3,670-3,700 yuan ($536-540) per tonne, unchangedShagang, a major rebar producer in eastern China, rolled over its list price of 3,900 yuan per tonne for rebar booked in the September 1-10 peri...Read More

Brazilian iron ore exports totaled 31.33 million tonnes in August, down by 7.4% from 33.82 million tonnes a year earlier, the country's ministry of economy said on Tuesday September 1.Part of the decrease was explained by August having 21 working days in 2020 versus 22 working days in the same month last year. Daily average exports were 1.49 million tonnes, down by 2.96% from 1.54 million tonnes i...Read More

Ferrous scrap prices in Mexico were mostly unchanged in the week ended Friday August 28 amid steady demand, particularly in the country's central region.No major price changes were announced, with some market participants still adjusting to price increases in earlier weeks.Fastmarkets' assessment of steel scrap No1 busheling, consumer buying price, delivered mill Bajio was at 5,950 pesos per...Read More

Turkish steel mills extended their silence in the deep-sea scrap import market after booking a number of cargoes in the last week, sources said on Tuesday September 1.Six deep-sea cargoes totaling around 220,000 tonnes were booked by Turkish steelmakers from various sources at strengthening prices during the week to Friday August 28.The most recent deep-sea deal - booked on August 26 - put the pri...Read More

The price for steel rebar imported into the United Arab Emirates increased this week because of high production costs, market sources said on Tuesday September 1.Domestic rebarSince August 17, rebar producers in the UAE have been offering the material at 1,800-1,830 dirhams ($490-498) per tonne ex-works for orders to be produced in September, and deals were heard during the week at 1,730-1,800 dir...Read More

First, let's talk about bad tests.The test kits currently being used to test for covid-19 infection are too different from one another, and many have sensitivities set so high that they are giving too many false positives. We need to standardize on tests that will actual give us accurate information.Second, let's talk bad testes.The data is in, and it doesn't look good for men who get sick with co...Read More

Extensive discuss with Craig Hemke a/k/a Turd Ferguson. It's all about negative real interest rates. The Fed can under no means allow interest rates to rise. This means that as inflation kicks up, real interest rates will turn decidedly negative, maybe by as much as 300 to 400 basis points. When was the last time we saw anything like that? In the late 1970's-1980's, when gold hit it's then all tim...Read More