Fastmarkets has identified a necessary clarification to the nickel sulfate specification with regard to timing of loading.The timing of loading for Fastmarkets' nickel sulfate ex-works China price assessment is within seven days, which was not reflected in the specifications when the price assessment was launched in July 2018.Fastmarkets confirms that the specifications are as follows, with the cl...Read More

We spoke with James Anderson, Chairman and CEO of Guanajuato Silver Company Ltd. (TSXV: GSVR, OTCQX: GSVRF), a mining and development company, engaged in reactivating past producing silver and gold mines, near the city of Guanajuato, Mexico. Guanajuato Silver is a near-term producer, focused on the refurbishment of the El Cubo mine and mill, and swift re-commencement of production, from the El Cub...Read More

Based on our current best guess, the first life on Earth popped up around 3.5 billion years ago - just in time for the planet's 1 billionth birthday. In fact, humanity as we know it is a relative newcomer to the stage, with the first bones of our ancestral Homo sapiens dating as far back as 300,000 years ago in Africa. Yet somehow, eons before anything remotely close to a human existed on Eart...Read More

The vested interests on Wall Street won a big round against the crypto industry on Capital Hill last week but it is likely to end up being a Pyrrhic victory. Also, what's wrong with silver?Old Wall Street has that sinking feeling (photo by Kristopher Roller)Click here to read this week's Insights. Read More

Here are five Fastmarkets stories you might have missed on Monday August 16 that are worth another look.Apparent steel use in the European Union will increase by 11.2% year on year in 2021, the European steel association Eurofer said in the week to August 16.A lack of available containers for shipments out...Read More

Prices of flat steel coil products in the Brazilian spot market remained stable in August, with distributors finding it difficult to compete with a strong influx of imported material.High volumes of coil material arrived through July and continued into August, all booked at lower prices several months ago.Imports of flat steel reached 190,854 tonnes in July 2021, up by 141% from the 79,186 tonnes...Read More

Domestic hot-rolled coil prices were stable across Europe on Monday August 16, reflecting typically quiet market conditions over the summer, sources told Fastmarkets.Most of the region's buyers and producers have been holding back from trading during August; activity is not expected to pick up until early September, as is traditional.Fastmarkets calculated its steel hot-rolled coil index, domestic...Read More

Here are five Fastmarkets stories you might have missed on Monday August 16 that are worth another look.Apparent steel use in the European Union will increase by 11.2% year on year in 2021, the European steel association Eurofer said in the week to August 16.A lack of available containers for shipments out...Read More

Rebar and wire rod export prices from the Commonwealth of Independent States continued to decrease in the week ended Monday August 16, pressured by the downward trend in the Turkish market that was spurred by a lack of demand and lower costs for imported scrap.Scrap prices in Turkey declined at the beginning of this week due to the latest transaction.Thus, Fastmarkets' index for steel scrap,...Read More

Apparent steel use in the European Union will increase by 11.2% year on year in 2021, the European steel association Eurofer said in the week to Monday August 16.The association has downgraded the outlook slightly compared to figures publishedin May 2021.In its previous outlook, Eurofer expected the EU's apparent steel consumption toincrease by 11.7% year on year in 2021.The association also...Read More

Turkish steel producers started the week with a single deep-sea cargo, which further deepened the decrease in prices, market participants told Fastmarkets on Monday August 16.A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 18,500 tonnes of HMS 1&2 (80:20) at $455 per tonne, along with 5,000 tonnes of shredded and 1,500 tonnes of bonus at $470 per tonne cfr.The previous cargo...Read More

Most iron ore prices increased on Monday August 16 despite limited trading activity in the physical market, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $163.52 per tonne, up $1.45 per tonne62% Fe low-alumina fines, cfr Qingdao: $164.03 per tonne, up $1.29 per tonne58% Fe fines high-grade premium, cfr Qingdao: $131.47 per tonne, up $0.81 per tonne65% Fe Brazil-o...Read More

China's Covid-19 measures are causing chokepoints in the country's ferrous supply chain, raising logistical costs for both traders and steel mills.China's National Health Commission reported 51 new cases of Covid-19 on Monday August 16 - 38 imported cases and 13 locally transmitted ones. Six of the locally transmitted cases were in Jiangsu province, while six were detected in Henan. While the numb...Read More

Gerald Celente, Founder of the Trends Institute, delivers a scathing criticism of big banks, pharma, tech, politicians, and the military industrial complex - along with his rules to prepare and protect yourself from the powerful. Gerald talks about the death of ingenuity in the US and the rise of China through the rest of this century stating; "the business of America is war, the business of China...Read More

Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the pressure to taper that the Federal Reserve will be grappling with at the next Jackson Hole Symposium in late August. Wagner talks impacts on the dollar, interest rates, and gold. 0:00 - Jackson Hole expectations2:01 - U.S. dollar4:23 - Stimulus checks6:29 - Inflation7:22 - Interest rates9:04 - Gold11:1...Read More

"This Week In Charts" - Weekend Analysis Videos Can Be Found Here - https://www.youtube.com/channel/UC0iT...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 feed...Read More

1. The takeover of Afghanistan by the Taliban. This is really the talk of the town this morning. This does not affect the stock market directly, but it makes traders and investors question their confidence in the current administration. I personally believe the Federal Reserve controls the market action with their current QE $120 billion/month program. 2. Options expiration for August is on Friday...Read More

Gold and silver have done surprisingly well over the past twenty years. But few see the performance from a long-term viewpoint and want to see the metals explode.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for inv...Read More

The Fed. And then the Fed steps away.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and...Read More

Michael Krieger joins me on on Ep 47 of Wake Up. He's an Ex Wall Street guy, founder of Liberty Blitzkrieg, Bitcoiner, Father, Husband and Gardener.The key topic of this discussion as Spiral Dynamics, a model of understanding the human collective and individual consciences through levels & layers of values frameworks.Created by Clare Graves in the time of Maslow, and built up by Don Beck, Spiral D...Read More