An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More

An overview of the aerospace materials markets and the latest price moves.Cristina Belda in London; Jessica...Read More

Global scrap prices in the key markets diverged in the week to Friday June 18, with those in Asia moving upward, while Turkish scrap prices fell amid slow buying driven by uncertainty over finished steel sales.Turkish buyers had to pay a premium for US-origin shredded scrapUS export market reported new sales to TurkeySolid demand in Vietnam resulted in higher pricesChina reported stability in impo...Read More

Prices for shredded steel scrap imported into India and Pakistan have risen on active purchasing that tailed off toward the end of the week, sources told Fastmarkets on Friday June 18.Fastmarkets' steel scrap shredded, index, import, cfr Nhava Sheva, India, was $533.93 per tonne on June 18, up from $516.47 per tonne on June 11.Offers heard this week were in the range of $520-540 per tonne cfr, whi...Read More

A shortage of shredded scrap is squeezing major supplier markets and pushing up the prices of key grades in the world's export markets, sources told Fastmarkets this week.Lower inflows to scrapyards and stronger demand for key grades in the major supplier nations have made it much harder for overseas consumers to secure shredded scrap over the past month.The lack of available shredded scrap, combi...Read More

Rebounds were under way in the base metals complex in London this morning, Friday June 18, while in Shanghai the base metals mostly reflected the weakness seen on the London Metal Exchange on Thursday.The more hawkish stance from the United States Federal Reserve on Wednesday lifted the dollar but has weighed on sentiment......as has China's decision to release state reserves of copper, aluminium...Read More

I bet you didn't know that 0.53% of all the power plants in the United States supply over 20% of all the electricity in the U.S.Can you guess which source of energy is pulling over 100 times its weight compared to the others?Most people assume their electricity comes from a clean and efficient natural gas-burning plant or one of the new renewable energy sources, such as solar panels and wind turbi...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More

The latest analysis from recent activity on the CME Group's cobalt metal futures contract, cash-settled against Fastmarkets' price assessment for cobalt, standard grade, in-whs Rotterdam.Key tradesJune 2, 2021: 120 tonnes (10 tonnes each month from January to December 2022, all at $21.45 per lb)June 17, 2021: 240 tonnes (10 tonnes each month from January to December 2022, all at $22.95 per lb; 10...Read More

The global lithium hydroxide complex extended its firm tone over the week ended Thursday June 17 against a backdrop of persistent supply constraints and optimism for growing demand.Battery-grade lithium hydroxide prices in both the domestic Chinese and seaborne Asian markets rallied because consumers are still finding it difficult to secure adequate feedstock. Battery-grade lithium carbonate suppl...Read More

Prices for flat-rolled steel products imported into South America increased in the week ended Friday June 18 amid reports of higher freight rates and more expensive deals.Demand for August-shipment material was steady, and close to levels seen in previous months, according to market participants. But clients were still uneasy due to the possibility of tax changes in China.Most sources were expecti...Read More

Hot-rolled coil prices in China's domestic market edged higher on Friday June 18, while export prices fell as overseas buyers became more cautious due to the potential imposition of export taxes.DomesticEastern China (Shanghai): 5,500-5,530 yuan ($853-858) per tonne, up by 20-30 yuan per tonne.Northern China (Tangshan): weekly assessment: 5,450-5,480 yuan per tonne, down by 90-100 yuan per tonne.S...Read More

Market activity remained slow in Europe's hot-rolled coil market on Friday June 18, with buyers holding back from deals and awaiting a final decision in the European safeguard case, sources told Fastmarkets.On June 11, the European Commission released a draft proposal to member states, suggesting a three-year extension to the existing safeguard measures on 26 steel products imported into the Europ...Read More

The EU member states have voted in favor of the proposed extension of the safeguard measures on imports of steel products, market sources told Fastmarkets on Friday June 18.The vote was supported by 17 member states, the sources said.The European Commission had not released an official statement at the time of publication.On June 11, the Commission sent a draft proposal to the World Trade Organiza...Read More

The October rebar futures contract at the Shanghai Futures Exchange rose in the morning and dropped in the afternoon of Friday June 18 due to conflicting trends in the rebar market.Domestic Eastern China (Shanghai): 4,970-5,000 yuan ($771-776) per tonne, up by 50-60 yuan per tonne.  Northern China (Beijing): 4,930-4,970 yuan per tonne, down by 140-150 yuan per tonne The National Developmen...Read More

Eric 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 recipient of numerous awards and honors, including one of Investor Dig...Read More

Domestic prices for steel wire rod in Poland have been broadly stable at high levels over the past week, but the market was braced for new price rises soon because of the continuing supply shortage and increased feedstock costs, Fastmarkets heard on Friday June 18.Wire rod prices in Poland stabilized this week after last week's significant increase, leaving Fastmarkets' weekly price assessment for...Read More

History shows that most bull markets end in a blow-off top, where prices shoot the moon before correcting hard. Macro analyst David Hunter thinks we're witnessing the end of the longest-lived bull market in history, which is why he predicts a coming melt-up that will also be one for the record books. BUT, he then predicts the blow-off will be followed by a massive market crash, with asset prices d...Read More

Sound money and precious metals advocate James Turk joins us to answer questions about inflation, Basel III and gold prices.0:00 - Introduction1:43 - International jurisdiction for PM storage4:27 - PM portfolio allocation guide6:10 - Basel III driving current gold selloff9:02 - Inflationary and deflationary period11:57 - What would benefit the central banks14:05 - Basel III changes impact on silve...Read More

Legendary Investor Jim Rogers talks to Pro Trader Gareth Soloway as they discuss crypto, gold, the Federal Reserve, meme stocks and more. This is a ground shaking interview that every investor MUST watch. Where should investors be for the impending catastrophe.... watch and learn!Gareth Soloway is a professional trader and the President, CEO, & Chief Market Strategist for InTheMoneyStocks.Jim Roge...Read More