China's State Reserve Bureau (SRB) is likely to conduct another round of cobalt metal stockpiling, sources close to the matter told Fastmarkets.A producer source told Fastmarkets that SRB sent them a notice late last week informing them of the prospective purchase, though the date for holding the tender has not been mentioned. The source expected that the purchase would take place after the New...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

(Corrects typographical error in paragraph 6) * U.S. stock futures reverse early losses after Trump'stweet * Source says Trump has signed $2.3 trln spending package * 2020 asset performance By Hideyuki SanoTOKYO, Dec 28 (Reuters) - Global shares ticked up on Mondayas a source said U.S. President Donald Trump signed into law a$2.3 trillion pandemic aid and spending package he had until nowrefused t...Read More

China's State Reserve Bureau (SRB) is likely to conduct another round of cobalt metal stockpiling, sources close to the matter told Fastmarkets.A producer source told Fastmarkets that SRB sent them a notice late last week informing them of the prospective purchase, though the date for holding the tender has not been mentioned. The source expected that the purchase would take place after the New...Read More

An overview of the new energy raw materials markets and their latest price moves.Sybil Pan, and...Read More

I want to begin today's Energy and Capital with a retelling of a Middle Eastern fable that's more than 1,000 years old:There was once a traveler walking across the great plateaus of central Africa. One day, while he was walking, he heard a sound from behind him. So he stopped and turned around to see if someone, or something, was following him.But he saw nothing. So he continued on his way.Minutes...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard on Monday December 28.Federal Antimonopoly Service of Russia (FAS) suggested the export measures to curb sharp price increases in Russian domestic long steel market, according to a letter from FAS to the Ministry of Industry and Trade...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

*This interview was recorded on December 22ndDavid Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deforma...Read More

Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad speaks about his grim outlook for 2021 in this exclusive interview with Daniela Cambone. "Communism is coming in; Janet Yellen coming into the Fed is creating a centralized government, we are being set-up," he warns. Kiyosaki also shares how he is investing to be prepared and why he especially likes silver as an investment these days....Read More

"Savings are gone, they've been spent, and the government programs are winding down and the income hole is huge with nothing in front of us to repair it."Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Metal Monitor," and the "ETF Playbook." He launched these macro-market publications, covering...Read More

Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for "stimulus" checks authorized by the bill from 600 dollars to 2,000 dollars. The checks are designed to help those harmed by the lockdowns. President Trump also demanded a cut in some of the wasteful spending contained in the bi...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

Wall Street is universally bullish on the economy andContinue...Read More

Jason talks about how crazy the European Central Bank's (ECB's) bond bubble has gotten with the ECB's balance sheet already well above 60% of the EU GDP before a new bond buying program was announced on December 10th https://www.cnbc.com/2020/12/10/ecb-e...Follow Daniel LaCalle on Twitter here: https://twitter.com/dlacalle_IA?>>?Jason Burack is an investor, entrepreneur, financial historian, Austr...Read More

This is classic CIA-level misdirection from what was more likely a Chinese or, dare I say it, homegrown operation for the very Continue...Read More

Investors and collectors are purchasing gold coins in record numbers during the pandemic. CNBC's Eric Chemi reports on the surge and what's causing it.Read More

Seaborne iron ore prices declined on Monday December 28 due to a downtrend in steel prices over the weekend and cold-weather concerns in China, sources said. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $163.85 per tonne,down $2.20 per tonne62% Fe low-alumina fines, cfr Qingdao: $164.50 per tonne,down $2.80 per tonne58% Fe fines high-grade premium, cfr Qingdao: $153.02 per tonne,down $1...Read More