Why the Delta scare? As a virus mutates, it becomes more contagious and less lethal. And then eventually it mostly disappears. Many Continue...Read More
Campus Reform reporter Ophelie Jacobson went to Georgetown University to see if students feel proud to be American. The majority of students told Jacobson they were not proud to be American...some even said they were "embarrassed."Continue...Read More
Researchers in Russia have announced they produced the country's first viable cloned cow - and are now editing her genes in the hope of producing hypoallergenic milk. Continue...Read More
There is NO PLAN to keep power grids from failing. They are purposefully engineering a radical decline in our standard of living in an effort to save the planet.Continue...Read More
The steepest fall in gold bullion prices in 5 years has been seized on by private individuals Continue...Read More
Gold and gold stocks remain in the larger correction that began almost 12 months ago. However, both became quite oversold, and a short-term low is now in place.Continue...Read More
Chinese buyers have followed the rise in the country's ferrous futures markets this week with fresh bookings for imports of steel billet, sources told Fastmarkets on Tuesday July 6.Tuesday's most-traded October rebar futures contract closed at 5,304 yuan ($820) per tonne on Tuesday, up by 82 yuan per tonne from a day earlier. That followed Monday's most-traded rebar futures contract closing at 5,2...Read More
I have been getting a lot of inquiries about offering premium content and as a result I am looking to start up some type of service in the near future whether it be a site with a paywall, interactive and educational courses, or personal coaching. As such, I would really like to hear more feedback in regards to what types of subscription service(s) that people are interested in so I can better dete...Read More
China imported 879,965 tonnes of steel billet in May, up by 77% from 497,588 tonnes in May 2020, according to customs data.Indonesia remained the biggest supplier of billet to China in that month at 260,642 tonnes. Slab import volume of 72,480 tonnes was down by 67% year on year. Vietnam accounted for 57% - 41,510 tonnes - of...Read More
Peter Krauth of Silver Stock Investor delves into the silver market and discusses why it "looks primed to rally strongly on the back of multiple drivers." Transitory. That's something we've been hearing a lot lately.At its latest FOMC meeting the Fed naturally decided to keep the fed funds rate target at 0.25%. It also decided not to mess with the $120 billion monthly bond buying program to help...Read More
Gold and silver bulls attempted to start a rally last week, but prices were capped by astrengthening U.S. Dollar Index. The buck has been advancing strongly against foreigncurrencies over the past month. Currency traders are encouraged by the FederalReserve’s apparent plans to taper asset purchases and begin raising interestrates way out in 2023. Dollar buyers also seem convinced that the re...Read More
Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it. Long feared as the summer dold...Read More
China's domestic rebar prices continued their upward trend on Tuesday July 6 on restocking demand, but end user demand soured, sources told Fastmarkets.DomesticEastern China (Shanghai): 4,950-4,980 yuan ($767-771) per tonne, up by 80 yuan per tonneTrading houses raised their procurement rates on Monday to build up inventories in anticipation of lower production in the second half of 2021.The...Read More
China imported 879,965 tonnes of steel billet in May, up by 77% from 497,588 tonnes in May 2020, according to customs data.Indonesia remained the biggest supplier of billet to China in that month at 260,642 tonnes. Slab import volume of 72,480 tonnes was down by 67% year on year. Vietnam accounted for 57% - 41,510 tonnes - of...Read More
Gerald Group's subsidiary SL Mining resumed loading iron ore for export in the Port of Freetown, Sierra Leone, West Africa, on Sunday July 4 2021, the London-based metals trader said this week.The company's first exports since June 2019, the "Marampa Blue" brand iron ore concentrate being shipped is more than 65% iron content and the unspecified volumes being transported will be taken from SL Mini...Read More
Turkish prices for various flat steel products moved both upward and downward during June, with the future for the prices seeming to be unsure because of the broader global market uncertainty, sources told Fastmarkets on Thursday July 1.The main reasons for this were that the traditionally slow summer season has started in most countries, China has not yet announced the rate for its planned export...Read More
Here are five Fastmarkets stories you might have missed on Tuesday July 6 that are worth another look.Indian suppliers exhausted their third-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European...Read More
Hot-rolled coil import prices into the United Arab Emirates and Saudi Arabia decreased during the week ended Tuesday July 6 because of globally weakening prices, as well as the upcoming Eid al-Adha religious holiday, sources have told Fastmarkets.The Eid al-Adha holiday was expected to start in about two weeks' time, and some buyers were postponing their bookings until after that, sources said.HRC...Read More
Copper prices fell by 2.1% on the London Metal Exchange during trading on Tuesday July 6, on a strengthening of the US dollar and market caution at the start of the new trading month.The three-month copper price fell by almost $200 per tonne on Tuesday to $9,312 per tonne, despite reaching an intra-day high of $9,632.50 per tonne. This was a 2.1% decrease from Monday's 5pm close of $9,511 per tonn...Read More
Steel rebar and billet prices in the United Arab Emirates decreased during the week to Tuesday July 6 due to a global slowdown, sources told Fastmarkets.Global demand for long steel is moderate to weak, and prices are no longer increasing in Turkey, a key exporter of rebar.Emirates Steel, the biggest producer in the UAE, decreased its official rebar price by 55 dirhams ($14.97) per tonne to 3,012...Read More