Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has entered into an agreement with a reporting insider of the Company in connection with a non-brokered private placement financing (the "Offering") pursuant to which the insider has agreed to subscribe for up to 1,400 senior unsecured convertible debentures (the "Convertible...Read More
Key data from the pricing session in London on Wednesday June 3.Key drivers: Standard-grade cobalt prices drifted further on the low-end of the quote, on continuing good availability, despite the suspension of production at Ambatovy. Offers were being revised to the low side, and sellers opened to bids, in light of thin demand refently, and uncertain...Read More
With the nation in deep crisis, stocks continued on their heedless path higher. The seemingly demented rally is demonstrating yet again that bull markets at some point decouple so completely from reality as to mock those who thrive by promoting them. By now, the spun story that investors are looking past the pandemic and focusing on renewed growth is sounding increasingly farfetched. Some econom...Read More
By: Gary SavageThe US Dollar Index has broken through support and is heading lower. Where to next?https://blog.smartmoneytrackerpremium.com/Read More
Steve St. Angelo, SRSrocco Report What goes up, must come down. And, this is most certainly true for the mighty North Dakota Bakken... the second-largest shale oil-producing region in the United States. Even after the global contagion fades away, the North Dakota Bakken has likely reached peak production. According to a new chart by Jean Laherrere, from his recent work titled, Negative WT...Read More
By: Ira Epstein18-day moving average near 1740, strong support in the lower $1700's:Read More
An overview of the minor metals markets and the reasons for their latest price moves.Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 3 that are worth another look.Mills in India and Pakistan have returned to the market for bulk scrap and have booked cargoes from the United States over the past few days, sources told Fastmarkets on June 3.Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 4% mont...Read More
Fortescue Metals Group, another iron ore miner with its best assets in Australia, was also dealt a solid blow to its environment, social and governance standing through the loss in court of aRead More
Turkish steel producers have continued to book more deep-sea scrap cargoes at steady prices, sources told Fastmarkets on Wednesday June 3.A steel mill in the Izmir region booked a US cargo, comprising shredded scrap at $259.50 per tonne and plate & structural scrap (P&S) at $264.50 per tonne cfr late on Tuesday June 2. The cargo's composition and volumes were not clear at the time of publicat...Read More
Fastmarkets is launching a two-month consultation on the launch of new copper material price and the potential discontinuation of its monthly assessment of the No2 copper scrap discount on a cif China basis.Under a new categorization policy being introduced in China, most No2 scrap could be traded as renewable copper materials starting from July 2020. Background to the consultationA...Read More
Key data from the June 3 pricing session in London and Shanghai.Key drivers: - Cobalt hydroxide payables were steady in the first half of the week - fresh inquiries were relatively fewer than in late May, but buyers are still finalizing their latest round of spot top-ups. So far, suppliers have refused to compromise and accept lower bids. - Suppliers indicate they are holding their offers firm for...Read More
Key data from the pricing session in London on Wednesday June 3.Key drivers: Standard-grade cobalt prices drifted further on the low-end of the quote, on continuing good availability, despite the suspension of production at Ambatovy. Offers were being revised to the low side, and sellers opened to bids, in light of thin demand refently, and uncertain...Read More
The cobalt alloy grade, in-whs Rotterdam, $/lb 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 applies. Fastmarkets assessed...Read More
Demand for flat steel products in Turkey was moderate in May because of low stocks in the country and the spread of the Covid-19 pandemic, market participants told Fastmarkets on Wednesday June 3.Turkish flat steel producers were fully booked until late July and have started to accept orders for August production.Steel trading was limited in May because of various curfew orders and national holida...Read More
"This is the end, beautiful friend," I thought to myself.I remember that morning very clearly. The sun was slowly creeping across my desk as I just stared blankly at my screen.Yet, it wasn't much of a shock that Jim's voice was floating through my mind.It was in the early days of 2009 and oil prices had been crashing for the last six months. That morning, I watched as the price for a barrel of WTI...Read More
I've been trading stocks and writing about the market for over 25 years. And I have never seen an extreme disconnect between market values and reality.There are 36 million unemployed. GDP will fall 30% and earnings will drop by 20%. There is a renewed trade war with China and a simmering Cold War. The Fed has digitally printed $7 trillion. The difference between work from home people and those...Read More
Domestic prices for hot-rolled coil in Europe have inched down over the past week due to a lack of buying activity, sources told Fastmarkets on Wednesday June 3.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?402.00 ($448.48) per tonne on Wednesday, down by ?,?1.00 per tonne from ?,?403.00 per tonne on Tuesday.Wednesday's index was calculated bas...Read More
Domestic prices for cold-rolled coil have moved down over the past week in Northern Europe due to poor trading activity in the region, sources told Fastmarkets on Wednesday June 3.Fastmarkets' weekly price assessment for steel cold-rolled coil, domestic, exw Northern Europe, was ?,?490-500 ($547-558) per tonne on June 3, down by ?,?10 per tonne week on week from ?,?500-510 per tonne ex-works.The a...Read More