Steel scrap prices in the key global markets moved down over the week to Friday August 6 with demand for material remaining tepid.Turkish mills make fresh bookings at lower pricesUS export prices consistent in recent bookingsVietnam scrap prices down on weak demandChinese import prices fall alongside domestic pricingTaiwanese scrap prices continue downtrend on poor demandIndian scrap offers withdr...Read More

The light iron scrap market in the United Kingdom dropped by ?5 ($7) per tonne over the week ending Friday August 6, with weaker European export markets into Turkey and the Indian subcontinent dragging down British dockside prices, which had a knock-on effect on the domestic market, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delive...Read More

Major steelmakers in China and Japan lowered their domestic scrap buy prices on Friday August 6 amid reduced intake volumes, sources told Fastmarkets.Large Chinese steelmakers drop domestic scrap purchase pricesJapan's Tokyo Steel reduces buy prices for most grades at most factoriesSouth Korea closes deals at lower prices for Japanese scrap.ChinaTwo major mills in Jiangsu province lowered their do...Read More

An overview of the new energy materials markets and their price moves in the week to Friday August 6.Susan Zou, Yingchi Yang and...Read More

Of all the major market news this week, leading the way is the fact that all three major stock indexes hit new record highs again as stellar earnings reports continue to prove our economy is on the upswing.This week, the Dow has risen 22 points through midday Thursday, or 0.06%. Gains for the major index are over 15% year to date. The S&P 500 also netted a new record high this week, jumping 17 poi...Read More

Fastmarkets has identified a necessary clarification to the nickel sulfate specification with regard to delivery time.The delivery time for Fastmarkets' nickel sulfate ex-works China price assessment is seven days, which was not reflected in the specifications when the price was launched in July 2018.Fastmarkets confirms that the specifications read as follows, with the clarification in italics:MB...Read More

If the economic growth narrative can regain traction in the bond market on the back of today's US jobs report, US Financials could regain market leadership. With that in mind, I have posted our top 10 ranked US Financials with market cap, ex-closed end funds (there were no SPACs in the list) in INK Chat here: https://chat.inkresearch.com/channel/stock_ideas?msg=BzyDurCvLCBoRjQZq.Photo by Joshua Ho...Read More

Battery-grade lithium prices in China's domestic market continued to edge upward in the week ended Thursday August 5, while other global markets were steady with participants focused closely on the aftereffects of Pilbara Minerals' inaugural spodumene concentrate auction that attracted higher-than-expected bids.Battery-grade lithium prices in China rise further with producers broadly sold out afte...Read More

Turkey's domestic transaction prices for hot-dipped galvanized and pre-painted galvanized coil prices were mostly stable in the week ended Friday August 6 due to limited trading, sources told Fastmarkets.Domestic buyers have mainly been holding back from acquiring substantial material volumes, waiting for the trend to settle.Fastmarkets' assessment for steel HDG coil domestic, exw T...Read More

Turkey's domestic hot-rolled coil prices were largely stable in the week to Friday August 6 despite limited trading activity, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $1,010-1,050 per tonne on Friday, widening downward by $10 from $1,020-1,050 per tonne on July 30.Turkish HRC producers were offering material at $1,020-1,...Read More

Europe's domestic prices for hot-rolled coil were stable on Friday August 6 due to a seasonal slowdown, sources told Fastmarkets.Buyers in Europe have sufficient stocks and activity has been low in August, a traditionally slow period, resulting in weak trading activity. Market activity is expected to recover between the end of August and first half of September. Domestic producers only had HRC ava...Read More

German industrial group Thyssenkrupp has agreed the sale of its Infrastructure business to compatriot company FMC Beteiligungs KG, an entrepreneur-led investment firm, Thyssenkrupp said on Thursday August 5.The deal was expected to be closed later this year but will be subject to approval from merger control authorities as well as Thyssenkrupp's own supervisory board. The financial details of the...Read More

0:00 - Gold price action4:40 - Stocks10:20 - Gold price outlook12:56 - Valuations and inflation15:00 - Bitcoin Gareth Soloway is a professional trader. He is the President, CEO & Chief Market Strategist for InTheMoneyStocks.Read More

The domestic market for steel rebar in Poland was quiet during the week to Friday August 6 amid a seasonal slowdown in trading activity, but prices held firm, sources told Fastmarkets.Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, exw Poland was 4,000-4,200 zloty ($1,041-1,093) per tonne on Friday, widening upward by 50 zloty from 4,000-4,150 zloty per tonne last week.T...Read More

Jason Hartman is the founder and CEO in Platinum Properties Investor Network, Inc. and a specialist in Real Estate. Considering everything that's happening in the real estate markets, from moratoriums to evictions to sky high prices and bidding wars. Lot's to talk about. In addition to his podcasts and youtube videos, links below, he was a very popular keynote speaker along with me and a whole pow...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

Taken from JRE #1693 w/Evan Hafer: https://open.spotify.com/episode/5ifC...Special Forces veteran turned entrepreneur Evan Hafer is the founder and CEO of Black Rifle Coffee Company, and one of the hosts of the Free Range America podcast.Read More

Mohamed El-Erian, a Bloomberg Opinion columnist, sees "irresponsible" risk-taking in some parts of the economy and a housing market that is pricing out Americans. He speaks during an interview with Bloomberg's Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the forme...Read More

The Fed shows it has learned nothing from history, as Fed Chairman Jerome Powell announces a new "Standing Repo Facility," in a desperate attempt to avoid nightly waves of bank defaults. This continues 50 years of insane monetary policy. On August 15th, 1971 the Bretton Woods System was ended, creating a floating exchange system, and beginning our long descent into financial and physical-economic...Read More

With a stagnating economy and inflation on the uptick, it looks like we're going to see a repeat of the 1970s. Even the Fed is acknowledging inflation is higher than what they expected. "We don't have people working now," notes seasoned trader Todd "Bubba" Horwitz, "and you've got this ridiculous stimulus out there." He says, "We're one step away from the Jimmy Carter era stagflation." 0:00 Intro1...Read More