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Florida man gets 8 months in prison in 1st felony sentence from Capitol riot

July 19, 2021 / marketsanity.com

"Although you were only one member of a larger mob, you actively participated in a larger event that threatened the Capitol and democracy itself," said U.S. District Court Judge Randolph Moss of Washington.Continue...Read More

Covid Cases are Surging in the Most-Vaxxed Countries, Not in the Least-Vaxxed

July 19, 2021 / marketsanity.com

Dr. Robert Malone, who pioneered the mRNA vaccine technology is concerned that the countries with the smallest percentage of their population Continue...Read More

Gates and Soros team up to buy Covid testing company for $41 Million

July 19, 2021 / marketsanity.com

George Soros and Bill Gates will spend $41 million as part of a consortium to buy Mologic, a British maker of Covid tests. Continue...Read More

Bwaahaha... CNN host Brian Stelter gets called out by his own guest...

July 18, 2021 / marketsanity.com

One of the best videos to come out this year."You're sanctimonious. You are one of the reasons people can't stand the media."Continue...Read More

RUSSIA REBAR: Prices stabilize despite softer trading

July 20, 2021 / www.metalbulletin.com

Domestic steel rebar prices in Russia's Central Federal District around Moscow remained flat in the week to July 19 due to slower trading activity, sources told Fastmarkets.August rebar offer from key local suppliers to the region were broadly unchanged from July levels, despite an anticipated downward correction due toa temporary export duty on steel products in Russia starting  August...Read More

IN CASE YOU MISSED IT: 5 key stories from July 19

July 20, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday July 19 that are worth another look.European steel association Eurofer is demanding stronger carbon emissions measures to guarantee a balanced approach that will enable a decarbonization of the region's steel industry, it said on Thursday July 15.Read More

US PIG IRON: Market slow, buyers expect lower prices

July 20, 2021 / www.metalbulletin.com

The pig iron import market in the United States was slow during the week to Friday July 16 because buyers held sufficient stocks and were waiting for prices to be reduced.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $625-645 per tonne on Friday, down from $650-655 per tonne a week before."Both Russia and Ukraine have unsold cargoes for August shipment and later....Read More

Hebei province to construct inland dry port for green transport

July 20, 2021 / www.metalbulletin.com

Inland dry ports will be constructed to facilitate bulk material transport and to improve air quality, according to a notice released by Handan Ecology and Environment Bureau (HEEB) on Monday July 19.HEEB released a notice on forwarding the Work Plan of Hebei province Atmospheric Pollution Control 2021, where the Leading Group of Hebei province Atmospheric Pollution Control proposed to construct i...Read More

IN CASE YOU MISSED IT: 5 key stories from July 19

July 20, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday July 19 that are worth another look.European steel association Eurofer is demanding stronger carbon emissions measures to guarantee a balanced approach that will enable a decarbonization of the region's steel industry, it said on Thursday July 15.Read More

CIS STEEL SLAB: Prices keep sliding amid weakening flat steel values in end-user markets

July 20, 2021 / www.metalbulletin.com

Slab export prices from the Commonwealth of Independent States (CIS) continued to decline in the week to Monday July 19, amid falling finished flat steel values in the region's main destination markets.In Turkey, hot-rolled coil prices dropped in the week to Friday July 16 on low activity in the key export outlets for that product. Fastmarkets' weekly price assessment for steel HRC, export, f...Read More

Offers for steel billet in Asia balloon following aggressive Chinese buying

July 20, 2021 / www.metalbulletin.com

Steel billet buyers across Asia are facing a raft of expensive offers following frenetic buying activity among Chinese customers last week, sources told Fastmarkets on Monday July 19.Buying prices for steel billet in China climbed throughout last week on expectations that many mills would need to reduce output in the second half of the year, because China's authorities were targeting 2021 steel pr...Read More

FOCUS: Chinese steel mills exit seaborne markets amid output cuts

July 20, 2021 / www.metalbulletin.com

Several steelmakers in China stopped issuing export offers this week, while others sharply increased their offer prices to overseas buyers, suggesting that the Chinese government's desire to see production cuts is starting to have an impact.Steel mills, including Shandong Iron & Steel and Yingkou Medium Plate Co, have issued no export offers this week, with limited availability forcing them to pri...Read More

Australia's Queensland coal exports down 2% in June

July 20, 2021 / www.metalbulletin.com

Coal exports from Australia's Queensland state fell 2% year on year in June, according to data from the North Queensland Bulk Ports Corp and Gladstone Ports Corp.Queensland, the country's metallurgical coal hub, exported 18.02 million tonnes of coal - including some thermal coal - in June, down from 18.43 million tonnes shipped in June 2020, according to the latest data from the two port operators...Read More

Brazilian steelmakers accept cut in import duties, minister says

July 20, 2021 / www.metalbulletin.com

Brazilian steel producers have accepted a reduction of 10% in import duties, and agreed to avoid raising domestic prices further, according to the country's economy minister, Paulo Guedes.The government has been in talks with representatives of steel producers, the country's construction industry and other end users. They are discussing options to normalize supply of rebar and other steel products...Read More

IN CASE YOU MISSED IT: 5 key stories from July 19

July 20, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday July 19 that are worth another look.European steel association Eurofer is demanding stronger carbon emissions measures to guarantee a balanced approach that will enable a decarbonization of the region's steel industry, it said on Thursday July 15.Read More

MANGANESE ORE ANALYTICS: July 19, 2021

July 20, 2021 / www.metalbulletin.com

The latest data for the global manganese ore market for the week ended July 19, 2021.Read More

EUROPE HRC WRAP: Market activity slows on summer lull, low availability

July 20, 2021 / www.metalbulletin.com

Activity in the EU hot-rolled coil market in the week to Friday July 16 was low due to a seasonal demand slowdown and limited availability.Buyers were holding back from acquiring material due to the summer holiday slowdown and uncertainty about the price trend. Domestic prices have remained high despite a slight correction lower while buyers, who have sufficient stocks for a couple of months, pref...Read More

LIVE FUTURES REPORT 12/07: Nickel down $500 as complex falls on Covid-19 concerns

July 20, 2021 / www.metalbulletin.com

A combination of concerns over the spread of the delta variant of Covid-19, a sturdy dollar index and falling US equities triggered a sell-off in London Metal Exchange prices during the afternoon's trade on Monday July 19.Nickel's three-month price showed the biggest drop of the day, down by 3.2% at the close to $18,462 per tonne, from Friday's $19,070 per tonne price at the same time."Nickel pric...Read More

IN CASE YOU MISSED IT: 5 key stories from July 19

July 20, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday July 19 that are worth another look.European steel association Eurofer is demanding stronger carbon emissions measures to guarantee a balanced approach that will enable a decarbonization of the region's steel industry, it said on Thursday July 15.Read More

HOTTER ON METALS: The knife twist return of the ring

July 20, 2021 / www.metalbulletin.com

London Metal Exchange ring dealing members have a decision to make - whether to remain one or not.The LME has just announced it will reopen the open outcry trading floor, which was temporarily closed due to Covid-19, on September 6.Its plan, however, comes with a twist; some ring dealers say, a knife.The official prices - which the global trade and industry use as the global reference for physical...Read More

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