The US trade deficit is going the wrong way. The BEA reports the Goods and Services Trade Deficit widened by 18.9% to $63.6 billion. Continue...Read More
Happy New Year - here's your eviction notice. That's how tens of millions of struggling Americans have been set up to fail as the one percent on Wall Street, propped up by unlimited money from the FedContinue...Read More
"We think that the economy's going to need low interest rates, which support economic activity, for an extended period of time."Continue...Read More
"It could be a good hedge with interest rates where they are, with the dollar where it Continue...Read More
In the last two decades, 8 billion oz of silver supply is likely lost forever.Continue...Read More
In conversation with Maurice Jackson of Proven and Probable, Tim Johnson, the CEO of Granite Creek Copper, explains what's behind the company's increased valuation, and looks ahead to additional growth opportunities. Maurice Jackson: Joining us for a conversation is Tim Johnson of Granite Creek Copper Ltd. (GCX:TSX.V). Always a pleasure to speak with you, sir. Before we get in today's conversatio...Read More
Indian authorities have decided to slash export rebates, in a move which market participants expect will raise prices for steel shipped out of the South Asian nation, Fastmarkets understands.An Indian steel trader told Fastmarkets that a final decision on the matter was still under discussion, but he expected that the rebate he received on steel exports would be cut from a current 2.5-3% per trans...Read More
Member mills of the China Iron & Steel Association (Cisa) largely kept their crude steel production rates unchanged in late August from the preceding 10 days, but their finished steel inventories continued to drop, according to data released on Thursday September 3.August 21-31 outputCrude steel: 2.16 million tonnes per day, down by 0.04%Finished steel: 2.19 million tpd, up...Read More
Most Turkish flat steel prices increased in August 2020 and market sources expect further price increases to come amid global price rises, Fastmarkets heard on Thursday September 3.Turkish flat steel producers are fully booked until late-October, with trading sources reporting that the market was moderate for most of August because of the seasonal summer slowdown in Turkey and its neighboring coun...Read More
The latest forecasts from Fastmarkets' team of base metals analysts are ready to view, including an upgrade to our aluminium price forecasts.Aluminium: Price forecasts raisedWe correctly expected the macro reflationary theme to raise the prices for all base metals but, with it being the base metal with by far the weakest fundamentals, we had expected the price of aluminium to underperform relative...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Prices across most ferro-alloy markets trended stable to lower in August as demand remained subdued in major markets, apart from China where steel output continues to rise at a rapid pace, supporting demand for ferro-alloys. As alloy makers seek to remedy supply/demand imbalan...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view. A look at stainless steel price movements through August reveals the ongoing battle being faced by stainless steelmakers in Europe and the United States while they try to pass on rising costs to consumers. In these regions, prices on most grades of stainless steel are little changed from July, rising by around 2% at most -...Read More
VANCOUVER, BC, Sept. 3, 2020 /CNW/ - First Energy Metals Ltd.Read full newsRead More
It’s bargain hunting time, as the stock market wobbles. While it’s not exactly a market crash, the fear of the next big correction is always there beneath the surface. With the TSX Composite Index down 1.5% Thursday, it seems as good a time as any to scour the bargain bins.With losses on the stock market, there come great opportunities. Today, we will review four great stocks that are...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
US markets had closed lower on Friday as tech stocks continued to slide.In the UK, the British government is reportedly planning legislation to override key parts of the Brexit withdrawal agreement, ahead of an October 15 deadline to strike a free-trade agreement with the European Union.The gold price was up slightly on the spot market to about US$1,938 an ounce at the time of writing.Copper had g...Read More
The company today announced that it had awarded the world's first LNG-fuelled Newcastlemax bulk carrier tender to Eastern Pacific Shipping, with the aim of GHG emissions by more than 30% per voyage.Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More