On this episode of Streetwise Live! gold and metals expert Matt Badiali and Alex Klenman, CEO and director of Cross River Ventures, discuss why they think this gold explorer has it all: size, scalability and an all-star team at the helm. The Streetwise Live! Broadcast on July 28, 2021, featured natural resource investing expert Matt Badiali, who outlined why he thinks Cross River Ventures Corp....Read More
Prices for steel hollow sections in Europe remained unchanged on Wednesday July 28 while the market heads into a slower seasonal period, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?1,400-1,430 ($1,653-1,688) per tonne on July 28, unchanged week on week."The holidays are starting in the coming days, many are holding...Read More
German steelmaker Salzgitter has delivered green strip steel to automotive producer Mercedes-Benz, the company recently announced.Salzgitter subsidiary Salzgitter Flachstahl will supply green strip steel products with a 66% reduced CO2 footprint to four German plants of Mercedes-Benz, with three factories already receiving the material, sources told Fastmarkets.The low CO2 steel grades are produce...Read More
Steelmakers in India have welcomed a newly approved Production Linked Incentive (PLI) program for the specialty steel sector to encourage domestic production, new investment and reduce imports. The South Asian country's Union Cabinet, chaired by the Prime Minister Narendra Modi, on July approved the PLI program for specialty steel in a push for a self-reliant India, a policy known as "Atmanirbhar...Read More
German steelmaker Salzgitter has delivered green strip steel to automotive producer Mercedes-Benz, the company recently announced.Salzgitter subsidiary Salzgitter Flachstahl will supply green strip steel products with a 66% reduced CO2 footprint to four German plants of Mercedes-Benz, with three factories already receiving the material, sources told Fastmarkets.The low CO2 steel grades are produce...Read More
The U.S. dollar, as the world reserve currency, is still the driver of silver, gold, and inflation pricing and the charts below show that they should now be ready to run based on the USD topping and then dropping in “price”.At this point the U.S. Dollar has corrected upward but has now either entered its next top, or is very close to that overhead resistance. Thus, we appear to be at t...Read More
Our followers and readers have been emailing us asking for more research into Precious Metals and updated Adaptive Dynamic Learning (ADL) Price Modeling charts (our proprietary price/technical mapping system capable of predicting future trends, setups, and price levels). This special Gold and Silver research article will help you learn what to expect over the next 24+ months and where opportunitie...Read More
As the summer doldrums drag on, precious metals bulls are eying potential support levels for a seasonal bottom. The gold market found support at the $1,750 level last month and has since been trading with a slight upside bias. Although the price action hasn’t been especially exciting, base building in these summer months can be a healthy technical process in the context of a larger bull mark...Read More
Gold has been suckingwind this summer, trudging along after getting slammed by a distant-future-rate-hikesscare. The resulting lower prices havereally damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversedinto modest selling, contributing to unusual weakness in this leadingalternative asset. But investment demandshould roar back in this...Read More
The current high inflation could theoretically transform into hyperinflation, disinflation, stagflation, or deflation. What does each mean for gold?Inflation, inflation, inflation. We all know that prices have surged recently. And we all know that high inflation is likely to stay with us for a while, even if we assume that the CPI annual rate has already peaked, which is not so obvious. But let&rs...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 28 that are worth another look.German steelmaker Salzgitter has delivered green strip steel to automotive producer Mercedes-Benz, the company recently announced.The main workers union at Escondida, the world's largest copper mine, has called on its members...Read More
An arbitrage between two of the world's main copper contracts has had the market chasing shadows over the week ended Wednesday July 28.On July 26, the Comex active (September) contract traded at more than $300 per tonne above London Metal Exchange price levels for the month to date, in what was a record spread between the two contracts.The massive premium came at the end of a month in which the Ch...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday July 28.Please click...Read More
China's domestic and imported ferro-chrome prices were both boosted again in the week ended Tuesday July 27 after major stainless steel mills raised their August tender prices by 2,400 yuan ($369) per tonne from the previous month, to a level not seen in the past 13 years.Due to continuing supply interruptions and strong demand for material, Tsingshan announced its tender price for August-delivery...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 28 that are worth another look.German steelmaker Salzgitter has delivered green strip steel to automotive producer Mercedes-Benz, the company recently announced.The main workers union at Escondida, the world's largest copper mine, has called on its members...Read More
An arbitrage between two of the world's main copper contracts has had the market chasing shadows over the week ended Wednesday July 28.On July 26, the Comex active (September) contract traded at more than $300 per tonne above London Metal Exchange price levels for the month to date, in what was a record spread between the two contracts.The massive premium came at the end of a month in which the Ch...Read More
Dawei Li was appointed vice president for Asia by Canadian battery recycler Li-Cycle on Tuesday July 27, with immediate effect, Fastmarkets has heard.Li will be responsible for the company's business development and commercial lithium-ion battery recycling in the Asian market.The company is a...Read More
An arbitrage between two of the world's main copper contracts has had the market chasing shadows over the week ended Wednesday July 28.On July 26, the Comex active (September) contract traded at more than $300 per tonne above London Metal Exchange price levels for the month to date, in what was a record spread between the two contracts.The massive premium came at the end of a month in which the Ch...Read More
A growing number of steelmakers cutting production in China has prompted steel mills to reduce their consumption of direct-charge iron ore - iron ore pellets and lumps, market sources told Fastmarkets.Earlier in July, several steelmakers in various regions across China told Fastmarkets that they intend to keep this year's steel output levels from exceeding last year's.Growing uncertaintyThis has c...Read More
An arbitrage between two of the world's main copper contracts has had the market chasing shadows over the week ended Wednesday July 28.On July 26, the Comex active (September) contract traded at more than $300 per tonne above London Metal Exchange price levels for the month to date, in what was a record spread between the two contracts.The massive premium came at the end of a month in which the Ch...Read More