ArcelorMittal Europe has launched new long steel products under its XCarb brand which are claimed to offer a reduced carbon footprint, with the intention of supporting the construction industry's efforts to meet environmental protection goals, the company announced on Friday July 30.ArcelorMittal Europe's Long Product division said that environmental production declarations (EPDs) were now availab...Read More
Domestic and imported rebar prices were stable in the United Arab Emirates during the week to Tuesday August 3, while imported billet prices increased because of globally strong billet prices, sources told Fastmarkets.Fastmarkets' weekly assessment for steel billet export, fob main port India was $645-650 per tonne fob on Friday July 30, rising from $630-635 per tonne on July 23.Domestic reb...Read More
Here are five Fastmarkets stories you might have missed on Tuesday August 3 that are worth another look.Some overseas buyers have reneged on contracts for cold-rolled coil and hot-dipped galvanized coil exports from China after the recently announced cuts in value-added tax rebates for some steel products, industry sources told Fastmarkets.Nanshan Aluminum, which is...Read More
Turkish steel producers resumed their deep-sea scrap bookings after a short break, taking advantage of lower prices, market participants told Fastmarkets on Tuesday August 3.A steel mill in the Marmara region booked a US cargo comprising 29,000 tonnes of heavy melting scrap 1&2 (80:20) at $463 per tonne and 8,000 tonnes of shredded and 3,000 tonnes of plate and structural (P&S) at $478 per tonne c...Read More
Lower bids for Japanese steel scrap heard from key buyers, combined with the sharp drop in Chinese ferrous futures this week, have created a slide in sentiment across the major Asian steel scrap markets, sources told Fastmarkets on Tuesday August 3.Slide in Chinese futures market reduces cfr China scrap, billet pricesTokyo Steel drops scrap buy prices at Tahara works, except for Shindachi bushelin...Read More
Domestic and imported rebar prices were stable in the United Arab Emirates during the week to Tuesday August 3, while imported billet prices increased because of globally strong billet prices, sources told Fastmarkets.Fastmarkets' weekly assessment for steel billet export, fob main port India was $645-650 per tonne fob on Friday July 30, rising from $630-635 per tonne on July 23.Domestic reb...Read More
Yeonmi Park is a North Korean Human Rights Activist, and author of "In Order To Live: A North Korean Girl's Journey To Freedom."Watch the full episode over at Spotify: https://open.spotify.com/episode/0G5o...Part 1 (part 2 below)Part 2?>>?Read More
In today's video update, Mike Maloney and Adam Taggart explore what is happening with Real Estate. In particular, they pay close attention to the increasing percentage of homes being bought up by hedge funds. With half of all US home sellers indicating that they intend to rent rather than buy again, and the moratorium on evictions about to be lifted, where could this be headed?Download Mike's best...Read More
Second quarter real GDP in the U.S. grew at 6.5% on an annualized basis, lower than consensus estimates. Steve Hanke, professor of Applied Economics at Johns Hopkins University, told David Lin, anchor for Kitco News, that market participants are not accurately factoring in inflation growth. 0:00 - Q2 GDP10:24 - Real interest rates14:48 - Yield curve16:37 - Gold vs real interest rate20:48 - Gold se...Read More
Democrat and Republican politicians have voted to increase the Pentagon budget by billions, while millions of everyday Americans struggle financially. Read More
The world's largest pension fund (in Japan) announced in the last 24 hours that it is selling over 34% of its US Treasuries. World's biggest pension fund makes record cut to U.S. bond weighting https://www.japantimes.co.jp/news/202...Maybe this is why the Fed announced last week that it is setting up a permanent repo facility (pawn shop) for foreign central banks??>>?Commit to tipping us monthly f...Read More
Several clues point to Covid-19 not being an accidental "leak" but rather being a Chinese Communist Party bioweapon. These clues are the starting point for a necessary investigation into the actual source of the virus.Part 1 (part 2 below)Is Covid-19 a bio-weapon? If it came from the Wuhan lab, there are two possibilities. One is an inadvertent leak. The other is a deliberate release of the virus....Read More
While it is becoming increasingly common knowledge that the price of silver has long been suppressed below it's true fair value, what is less often discussed is just how far out of line it actually may be. And to find out why the upside might be even greater than you think, click to watch this timely call with Andy Schectman of Miles Franklin now! Andy Schectman is the President and CEO of Miles F...Read More
0:00 Introduction1:45 Current Jr gold stock market6:26 Gold price consolidating huge 2016 to 2020 move7:08 Putting gold/silver juniors valuation in perspective11:22 Don't buy gold stocks that aren't cashed up14:53 Marathon Gold and Rio2 capex financings19:03 Peru as mining jurisdiction21:18 "It's a great time to buy"Pro mining investor David Erfle provides his commentary on the gold price and juni...Read More
No paper currency is going to survive the coming crisis, says Head of Research at GoldMoney Alasdair MacLeod. "This crisis is going to be so bad, that unless the authorities move their currencies into some form of credible gold backing, these currencies are not going to exist beyond the crisis." When confidence in currencies starts to slide, gold and silver "will rocket in price," he says. 0:00 In...Read More
It's all about social control, as Jim Treacher says. At some point, there will be a revolt. The longer the arbitrary insanity persists, Continue...Read More
Relying on an indirect hand from D.C., our social betters in corporate America will attempt to force the most profound changes our society Continue...Read More
This week, US household debt jumped by the most in Continue...Read More