The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it...Read More
Here are five Fastmarkets stories you might have missed on Monday July 20 that are worth another look.Steel products output in Ukraine reduced by 4.6% year on year in January-June 2020 to 9.03 million tonnes, according to a report published by national steel union Ukrmetallurgprom on Thursday July 16.Brazilian copper and brass products manufacturer Termomecanica is set to take its internationaliza...Read More
Domestic prices for steel hot-rolled coil moved up in Northern Europe in the week ended Friday July 17, supported by the continuing lack of competitive import offers.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, rose to ?,?407.53 ($465.65) per tonne on Friday, up by ?,?3.53 per tonne week on week, and up by ?,?17.53 per tonne month on month.Friday's index was based...Read More
Fastmarkets MB invited feedback from the industry in an open consultation process between June 19 and July 20 on the pricing methodology for its Northern Europe hot-rolled coil index as part of our annual methodology review process. Fastmarkets is gracious for all who took the time to respond to the consultation. Based on...Read More
Here are five Fastmarkets stories you might have missed on Monday July 20 that are worth another look.Steel products output in Ukraine reduced by 4.6% year on year in January-June 2020 to 9.03 million tonnes, according to a report published by national steel union Ukrmetallurgprom on Thursday July 16.Brazilian copper and brass products manufacturer Termomecanica is set to take its internationaliza...Read More
Declining raw material costs and continued weak demand have worked in tandem to cause cold-heading quality (CHQ) and high carbon wire rod prices to drop, sources told Fastmarkets. Fastmarkets' assessment for steel wire rod cold-heading quality, ddp settled at $36.50 per hundredweight ($730 per short ton) on Friday July 17, down 5.2% from $38.50 per cwt last month.The cost of steel scrap No1 bushel...Read More
After a measured advance in recent months gold looks on for a breakout to new highs soon. On its latest 11-year chart we can see that, with the Bowl boundary steepening to become near vertical, it could rise very rapidly and very soon, which fits with the most seasonally bullish time of year for gold that we are now entering.Larry's stunning gold chart shows the price ascending the extreme right...Read More
The shoeshine boy is not just giving customers stock tips these days; rather, he is jumping on hot stocks himself, scalp-trading three or four shares of Tesla, at $1500 a copy, in his Robinhood.com account. That's all the stock these penny-ante schemer-dreamers can afford, and it is why it is not the metaphorical bootblack operating out of his parents' basement who has been driving a handful o...Read More
Special bar quality (SBQ) steel prices in the United States have dropped due to reports of discounting prompted by continuing weak demand and declining ferrous scrap costs, Fastmarkets has learned. On the hot-rolled side of the market, Fastmarkets' monthly price assessment for steel bar hot-rolled special bar quality (SBQ) 1-inch round 1000 series (carbon), fob mill US fell to $31.50 per cwt ($630...Read More
Seaborne iron ore prices fell on Monday July 20, with slow trading activity and no clear trend emerging, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $109.54 per tonne, down $0.77 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $111.44 per tonne, down $0.89 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $97.86 per tonne, down $1.13 pe...Read More
Bill and Grant welcome the legendary Jim Grant, founder and editor of Grant's Interest Rate Observer, and author of a number of stupendous chronicles of both financial history and those who helped shape it. The three discuss the importance of historical parallels to today's somewhat bemusing coin shortage before digging deeper into the past to examine previous inflationary episodes and discuss wha...Read More
Join Mike Maloney as he explains what the latest moves for silver and gold could possibly mean for the global economy.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling prec...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
Gerald Celente, the founder of The Trends Journal returns to SGT Report to discuss the Covid war, and the turncoats Marxist plan to destroy NYC and America.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internat...Read More
Mark Spiegel of Stanphyl Capital talks about the pandemic, the market, the Fed and Tesla.Read More
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.c...Read More
Motorcycle accidents ruled Covid deaths? In the rush to paint Florida as the epicenter of the "second wave" of the coronavirus outbreak, government officials and their allies in the mainstream media have stooped to ridiculous depths to maximize the death count. A television station this weekend looked into two highly unusual Covid deaths among victims in their 20s, and when they asked about co-mor...Read More
A Kentucky couple is wearing ankle monitors after a run-in with the health department over COVID-19 concerns.Continue...Read More
Peter explains how government loans have driven up the cost of college tuition and and created the student loan racket.Watch the entire interview here: https://marketsanity.com/peter-schiff-joe-roganPeter 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...Read More
I want to discuss some of the permanent changes that the national economy is going through. It has to do with what you might call the Great American Exodus. There's a massive migration out of Continue...Read More