Indian mills have increased domestic prices for steel hot-rolled coil by 4,500-7,000 rupees ($61-95) per tonne for sales this month, Fastmarkets heard on Friday May 7.Mills have also curtailed the supply of HRC to the domestic sector in order to ensure that the price increase will be absorbed by the market."Mills are supplying very little [HRC] material to the...Read More
Domestic prices for hot-rolled coil increased across Europe on Friday May 7, and ArcelorMittal raised its offers even further, sources told Fastmarkets.Fastmarkets calculated its steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,042.00 ($1,254.34) per tonne on May 7, up by ?,?21.17 per tonne from ?,?1,020.83 per tonne on May 6.The index was up by ?,?34.86 per tonne week on we...Read More
ArcelorMittal has again increased its official offer prices for hot-rolled coil in Europe by ?,?30 ($36) per tonne, sources told Fastmarkets on Friday May 7. The steelmaker had already increased its offers four times in April. After the rise, new offers for HRC have reached ?,?1,050 per tonne ex-works. ArcelorMittal, however, kept its offers for downstream products unchanged at ?,?1,200 per tonne...Read More
The Gulf Cooperation Council (GCC) plans to set definitive safeguard duties for a number of steel products for a period of three years, it is said in a document issued by the Bureau of Technical Secretariat for Anti Injurious Practices in International Trade (GCC-TSAIP) seen by Fastmarkets on Friday May 7. In February this year, GCC-TSAIP said that it found recent and sudden increases in imports o...Read More
Domestic wire rod prices in Poland continued to increase over the past week, boosted by good demand and a shortage of material, Fastmarkets heard on Friday May 7.Fastmarkets' weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 3,180-3,200 zloty ($836-841) per tonne on Friday, up by 20-30 zloty from 3,150-3,180 zloty per tonne delivered last week.The assess...Read More
Steel rebar prices in Poland moved up over the past week, supported by solid end-user demand and limited supply, Fastmarkets heard on Friday May 7.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 2,970-3,020 zloty ($781-794) per tonne on Friday, up by 50-70 zloty per tonne from 2,900-2,970 zloty per tonne last week.The assessment reflected deals, of...Read More
Pig iron import prices in the United States increased during the week to Friday May 7, following the uptrend in the global market.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $620-635 per tonne on Friday, up from $585-595 per tonne the previous week.A cargo of Brazil-origin pig iron with 0.12% phosphorus content was bought at about $630-635 per tonne cfr for Augu...Read More
Prices for inter-merchant light iron scrap in the UK increased over the week ended Friday May 7, extending a general rally since late March, sources have told Fastmarkets.The market was likely to move higher, they added, given strong business conditions for European scrap exports into Turkey and the Indian subcontinent.UK monthly deliveries into domestic consumers in May were likely to be settled...Read More
?>>?http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an...Read More
The DeFi Revolution is upon us, at least according to Jim Bianco. For many years, I've looked up to Jim and the work he's been doing at Bianco Research and, in fact, he's the one who first inspired me to rip through hundreds of charts during my live presentations in order to get my points across. It took me about a decade to realize it, but it was him who I got that from. Fast forward to 2021, and...Read More
Cause and Effect ... Supply & Demand ... These can never be abolished by central planners. Economic Laws and The Market always prevail over bureaucrats. To believe that politicians can endlessly hand out money that they do not have, and that The Fed can counterfeit trillions of dollars without serious economic repercussions, is to believe in the impossible. Reality always puts an end to fantasy.Dr...Read More
In the coming crash that Harry forecasts, how can investors diversify their portfolios and reduce risk? Harry introduces a new strategy. Stay informed at www.harrydent.comHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technologica...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
The Gold Forecast founder Gary Wagner joins us live to discuss today's huge rally in the precious metals. Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of "The Gold Forecast," a daily video newsletter. He has been a speaker for financial...Read More
Despite concerns of inflation in the wake of COVID-19 stimulus spending, the Federal Reserve is issuing assurance as criticisms continue to mount. Octavio Marenzi and Michel Pento of Pento Portfolio Strategies offer their insight into the comments and give their forecast for what to expect.Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior...Read More
Silver is spiking and billionaires are buying gold for the first time. Have we already seen Mike Maloney's scenario of 'short term deflation' play out? Join the team in today's must-watch video for the answer. Link to the Bloomberg video is here:https://www.bloomberg.com/news/videos...?EUR>?Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sh...Read More
Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement. His website is The Market Ticker. Read More
A fair amount of recent guests on this program have expressed a pessimistic outlook on where the economy & markets are headed. But what do the optimists think?A number of you have asked us to bring on an expert willing to predict that better times lie ahead.Well, you asked, and we're delivering. Strap in for this wide-ranging interview with self-described "optimistic economist" Dr Pippa Malmgren (...Read More
Chris Vermeulen and Craig Hemke discuss PSLV, SLV, Crypto, mining shares and precious metals as they go through key charts and answer your questions in our fourth instalment of Precious Metals Projections.Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the bo...Read More
00:00?EUR< Introduction01:35?EUR< The coming Great Rotation05:03?EUR< That steep plunge when the Tech Bubble burst10:29?EUR< Inflation is not transitory15:01?EUR< Is there a bubble in stocks?23:12?EUR< Why the next recession will be triggered differently28:18?EUR< Debt monetization to infinity33:01?EUR< Silver the cheapest metal on Earth38:49?EUR< Gold supply cliffSBTV speaks with Tavi Costa, Part...Read More