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Ken Seitz, Exec. VP and CEO of Potash at Nutrien Ltd (TSX and NYSE: NTR), Discusses How the World's Largest Potash Producer, is Positioned to Meet the World's Long-Term Potash Needs

July 20, 2021 / www.metalsnews.com

We spoke with Ken Seitz, who is the Executive Vice President and CEO of Potash at Nutrien Ltd (TSX and NYSE: NTR). Nutrien is the world's largest potash producer, with over 20 million tonnes of potash capacity at their six low-cost potash mines in Saskatchewan. Nutrien is a globally integrated, agriculture company, with an extensive reach in key agricultural markets, particularly in Canada, Brazil...Read More

Jiangxi Copper to invest $1.76 bln in plant to produce lithium battery materials

July 21, 2021 / www.metalbulletin.com

A leading copper producer in China was investing billions into new projects to produce raw material for lithium batteries with the country going through a transition to the use of renewable energy.Jiangxi Copper planned to build a lithium-copper foil facility with capacity for 100,000 tonnes per year in Shangrao by 2028, according to a regulatory filing to the Hong Kong bourse on July 15.A total o...Read More

Summer Sell-Off

July 20, 2021 / www.energyandcapital.com

Looks like we have one of those common, low-volume sell-offs that happens when everyone is at the beach.Here is the QQQ's, which is the ETF for the top 100 Nasdaq stocks.As you can see, the one-year uptrend is still intact. Volume is about one-third of that of the big sell-offs in September and March, which suggests this isn't a serious downturn. There are also four red candlesticks and an abando...Read More

Insights: A warning sign from precious metals

July 19, 2021 / www.canadianinsider.com

Read our latest Insights for the key level we are watching on the Gold/Silver Ratio to tell us whether the COVID-19, tapering talk, rising oil prices and deflationary forces are about to overwhelm the bull market in inflation-oriented stocks.Also, a veteran buying into junior stocks during the summer lull and can crypto change the sports world? click here to read. Read More

IN CASE YOU MISSED IT: 5 key stories from July 20

July 21, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 20 that are worth another look,Shipments and distribution of steel in Germany have been disrupted by the recent flooding in the country, pushing flat steel producer Thyssenkrupp to declare force majeure, sources told Fastmarkets...Read More

PRICING NOTICE: Open consultation on methodology for Northern Europe, US HRC indices - final decision

July 21, 2021 / www.metalbulletin.com

Fastmarkets invited feedback from the industry in an open-consultation process on the pricing methodology for its Northern Europe and United States hot-rolled coil indices. The consultation, which began June 16 and ended on Friday July 16, was done as part of its annual methodology review process in compliance with the International Organization of Securities Commissions (Iosco) principles for pri...Read More

EUROPE HRC: Sentiment sours in Italy on cheaper imports; floods hurt German deliveries

July 21, 2021 / www.metalbulletin.com

Sentiment varied in the hot-rolled coil markets of Northern Europe and Italy despite seasonally slow demand in both regions, sources told Fastmarkets on Tuesday July 20.In Northern Europe, domestic HRC prices are likely to remain fairly stable during summer and will possibly rise in autumn, sources said. Good order books at the region's mills and concerns about tight supply due to German floods su...Read More

IN CASE YOU MISSED IT: 5 key stories from July 20

July 21, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 20 that are worth another look,Shipments and distribution of steel in Germany have been disrupted by the recent flooding in the country, pushing flat steel producer Thyssenkrupp to declare force majeure, sources told Fastmarkets...Read More

Germany floods disrupt steel transport; Thyssenkrupp declares force majeure

July 21, 2021 / www.metalbulletin.com

Shipments and distribution of steel in Germany have been disrupted by the recent flooding in the country, pushing flat steel producer Thyssenkrupp to declare force majeure, sources told Fastmarkets on Tuesday July 20.The situation was likely to worsen the carbon steel shortage in the European market, participants believed. Over the past year, the supply of both flat and long steel products has bee...Read More

CHINA REBAR: Prices edge down on weak demand

July 21, 2021 / www.metalbulletin.com

China's domestic rebar price dropped on Tuesday July 20 due to weak demand caused by adverse weather in large parts of the country, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,220-5,240 yuan ($804-807) per tonne, down by 10-20 yuan per tonneThere was heavy rain in central China's Henan province and southern China's Guangdong province on July 20, and large...Read More

Mexican steel scrap prices continue uptrend amid buyer competition

July 21, 2021 / www.metalbulletin.com

Mexican ferrous scrap prices continued to increase over the past week, with steelmakers competing to secure limited material and buyers in the key regions of Monterrey and Baj?-o heard accepting higher prices to keep volumes flowing.Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey at 12,400 pesos ($622) per tonne on Tuesday July 20, up by 50 pesos...Read More

DAILY STEEL SCRAP: Market still quiet on public holiday

July 21, 2021 / www.metalbulletin.com

Turkish steel mills remained silent on Tuesday July 20, with no bookings heard due to the ongoing week-long Eid al-Adha public holiday, sources told Fastmarkets.The Turkish deep sea scrap market has remained silent since material was last booked on Tuesday July 13.A public holiday on Thursday 15 July also slowed any possible trading...Read More

Nickel likely to hit $20,500/t in Q3 on strong stainless, EV demand - Citi

July 21, 2021 / www.metalbulletin.com

The London Metal Exchange nickel cash price is likely to hit $20,500 per tonne in the third quarter, with strong stainless steel demand and electric vehicle (EV) restocking driving the uptrend, according to analysts at Citi.Despite a sell off across base metals on July 19, Citi Metals Strategist Oliver Nugent told Fastmarkets that nickel fundamentals remain strong for Q3 and that he expects the pr...Read More

Major steelmakers in eastern China look to billet imports amid production cuts

July 21, 2021 / www.metalbulletin.com

Steelmaking heavyweights in eastern China's Jiangsu province were actively looking to source steel billet imports on Tuesday July 20, after the reality of crude steel production cuts in the region started to become clearer.Three mill sources from the region told Fastmarkets they were interested in importing billet, with the recent output cuts communicated to them by Chinese authorities set to limi...Read More

George Gammon: Will Stocks Save You From Inflation? NO!! (Here's Why)

July 20, 2021 / marketsanity.com

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More

Why Nobody Wants To Work Any More - Mike Maloney, Adam Taggart

July 20, 2021 / marketsanity.com

It's a strange situation indeed: Government has gone into competition with business for labor. By paying workers to stay at home, what may have started as a well-intentioned effort to help has now led to shortages of skilled workers in many industries, especially hospitality. After all, why would anyone want to go to work when they can earn more on unemployment? The sad punchline of the situation:...Read More

My Money Is Completely Out of the Banks; the Bigs Are Destroying Life for Everyone | Gerald Celente

July 20, 2021 / marketsanity.com

The big banks are "gambling like crazy, they are getting money for free," says trends forecaster and publisher of the popular Trends Journal, Gerald Celente.Celente gets fired up when talking inflation, "The Fed is lying about inflation, it is not temporary and the numbers are rigged. For the average person, inflation is killing them. The big banks are getting bigger and everyone else is getting p...Read More

A Big Fat Fail & Basel III Gold Update...with Lynette Zang

July 20, 2021 / marketsanity.com

To see Lynette's slides, research links or questions from this video: https://www.itmtrading.com/blog/a-big...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since...Read More

25% stock market crash? Crypto winter for 1 year? Neither would be 'shocking' - Gareth Soloway

July 20, 2021 / marketsanity.com

The stock market broke a critical support zone on Monday. Although markets are bouncing back today on Tuesday, Gareth Soloway, chief market strategist of InTheMoneyStocks.com, said that if this level is not held, a break-down could take stocks all the way down to pre-Covid highs, representing a 25% decline from current levels. Speaking to David Lin, anchor for Kitco News, Soloway added that it cou...Read More

Max chats to Gerald Celente about his forecast for inflation and its consequences

July 20, 2021 / marketsanity.com

In this episode of the Keiser Report, Max and Stacy look at the opinion piece from the Guardian arguing that only the 'right' is concerned about inflation. They look at recent headlines cataloging the human catastrophes wrought by inflation on the poor. In the second half, Max chats to Gerald Celente about his forecast for inflation and its consequences. Max Keiser is an American broadcaster and f...Read More

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