The South American flat-steel import market continued on an uptrend in the week to Friday August 14, with customers accepting more expensive offers from several different regions.Clients decided to settle deals for October-shipment cargoes at higher prices, because demand was gradually improving and their supply needs had grown. It had become evident that it was now a seller's market, participants...Read More
Today, we hear from one of my favourite regular guests on Real Vision, Michael Gayed, author of the Lead Lag Report and manager of the ATAC Rotation Fund. Michael has a very straight forward process of looking at the market. He watches the relative performance of a few key indicators such as utilities, Treasurys, lumber, emerging markets and inflation expectations. It has served him well, particu...Read More
Indian steel mills achieved a $10-20 per tonne increase in their hot-rolled coil export prices in the week ended Friday August 14, even though inquiries have dried up for future export sales."The export market has cooled off and there are very few bids or inquiries for HRC exports," an official with an Indian steel mill said.According to one market participant, buying interest from mills has reduc...Read More
Prices for both hot-rolled coil and cold-rolled coil in Turkey's domestic market have increased over the week to Friday August 14, but demand was only moderate because of the holiday season, sources told Fastmarkets.Domestic pricesFastmarkets' weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $510-515 per tonne on August 14, rising from $500-505 per tonne on August 7.HRC...Read More
Liberty Steel Group, part of the GFG Alliance, is to buy French steel rail business Hayange and the Ascoval steelworks. Liberty Steel Group has committed to providing an initial ?,?65 million ($76.83 million) in new financing for Hayange and Ascoval to enact its industrial plan. Further details of development plans for the sites will be announced in due course, Liberty Steel said on Friday August...Read More
Domestic prices for steel rebar in Poland were broadly stable over the past week, supported by costlier scrap, a lack of competitive import offers and limited availability, market sources told Fastmarkets on Friday August 14.At the same time, buying activity in the Polish rebar market receded amid the traditional summer slowdown, sources added."Demand is weaker; cut-and-bend shops lack orders," a...Read More
Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of a protest at the mill the day before.BMZ general director Dmitry Korchik said that the company had been exceeding planned production at all process stages since the beginning of this month.The company shipped 57,492 tonnes of pro...Read More
The inter-merchant spot market for light iron scrap in the United Kingdom was up over the week to Friday August 14 due to firmer demand from major shredders that supply consumers in the steel sector combined with persistently tight availability, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was assessed at...Read More
Pig iron exporters from the south of Brazil were bullish over the week ended Friday August 14, but no higher-priced sales were made over the period, Fastmarkets heard.Fastmarkets' latest price assessment of pig iron, export, fob port of Vitoria/Rio, Brazil, was $340 per tonne on Friday, unchanged week on week.Offers went up to $350 per tonne fob, but...Read More
"My heart is crying because I see the future, and if we don't turn this around and stop this madness we're going to be living in hell on Earth."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 internationally circ...Read More
Sprott Money News ? Sprott Money News Weekly Wrap-up - 8.14.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More
Harry 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, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Nephew of President John F. Kennedy, son of Robert F. Kennedy, and tireless crusader against the tyranny of the mainstream medical establishment, Robert F. Kennedy, Jr. joins today's Liberty Report to discuss his startling discoveries about who really killed his father and uncle...and why. Plus, Mr. Kennedy, an environmental lawyer, has been among the most vocal and most successful opponents of th...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 aut...Read More
The import pig iron market in the United States remained quiet over the week ended Friday August 14, with the steel market depressed and buyers not ready to pay as much for pig iron as buyers in China.Fastmarkets' weekly price assessment for pig iron, import, cfr Gulf of Mexico, US, was $340-345 per tonne on Friday, unchanged week on week.One buyer in the US estimated that the spot market price in...Read More
"The Fed has a handle on what is going on in the economy and they desperately want for stimulus measures be passed."Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulti...Read More
Digital dollar article referenced: https://www.marketwatch.com/story/fed-says-it-is-developing-an-experimental-digital-currency-11597352302Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced med...Read More
Bernie Sanders wants to chug Elon Musk's beer - but why? Join Mike Maloney as he delves into a recent bill proposed by Sanders, the knock on effects may surprise you.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 com...Read More
For Part 1 of this interview, CLICK HEREGeorge 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...Read More
?>>?Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the...Read More