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Hecla lead production gains on Lucky Friday ramp up

July 14, 2021 / www.metalbulletin.com

US silver miner Hecla reported an increase in lead production during the second quarter as its Lucky Friday mine continues its first full year of commercial production in many years.The company's lead production of 11,541 tonnes in the second quarter was a 29% gain on the same period in 2020. The Lucky Friday mine resumed full production late...Read More

IN CASE YOU MISSED IT: 5 key stories from July 13

July 14, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 13 that are worth another look.European steel association Eurofer has called for the Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading System (ETS) to be balancing mechanisms without any further reductions in free...Read More

Why has the manganese flake market gone bullish?

July 14, 2021 / www.metalbulletin.com

The manganese flake price has been on the rise since May 2021 due to tight availability in the spot market and strong demand from both the steel industry and the renewable energy automobile industry, sources told Fastmarkets.Fastmarkets' price assessment for 99.7% electrolytic manganese flake basis, fob, China rose to $2,800-2,850 per tonne on July 9, up by 3.70% from $2,700-2,750 per tonne o...Read More

UK STEEL SCRAP MONTHLY: Price rally extends for third month

July 14, 2021 / www.metalbulletin.com

Prices in the British market for steel scrap deliveries to domestic steelmakers have increased for the third straight month, sources said on Tuesday July 13.They cited tight supplies, notably from arisings in car production, and steady exports into deep-sea markets, with unusually strong demand from the United States.Suppliers have agreed on a general increase of ?5 ($7) per tonne for scrap, alth...Read More

CHINA STEEL SCRAP: Cisa includes scrap use in steel industry decarbonization road map

July 14, 2021 / www.metalbulletin.com

Increasing scrap usage was deemed to be a key step the road map of decarbonization of Chinese steel industry, Li Xinchuang, the Vice Chairman of China Iron & Steel Association (Cisa) said on Tuesday July 13."It is important that we increase supply of scrap in the local market. We expect the share of electric-arc furnaces (EAFs) in Chinese steelmaking to increase from 10% to more than 15% in 2025,"...Read More

How to Trade the Cuban Crisis

July 13, 2021 / www.energyandcapital.com

I first saw Cuba in October 1998. Clinton was still president and had relaxed some of the embargo rules. Journalists and healthcare workers were allowed to visit for work although the bureaucrats hadn't figured out the paperwork.Nothing was quite official and no one wanted to make a decision, so I snuck in via Canada. In fact, it was a sponsored trip by a Vancouver company with dreams of turning t...Read More

Lithium Americas invests in lithium brine-focused Arena Minerals

July 14, 2021 / www.metalbulletin.com

Junior miner Lithium Americas has joined Chinese major Ganfeng Lithium in investing in Arena Minerals, an exploration-stage lithium brine company, it said on Monday July 12.Lithium Americas has entered into an agreement to acquire about 12.9% of the issued and outstanding shares of Arena Minerals, worth $4.8 million, it said."We look forward to working with Arena Minerals and Ganfeng to support th...Read More

IN CASE YOU MISSED IT: 5 key stories from July 13

July 14, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 13 that are worth another look.European steel association Eurofer has called for the Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading System (ETS) to be balancing mechanisms without any further reductions in free...Read More

GULF FLAT STEEL IMPORTS: Price moves vary on low activity before holiday

July 14, 2021 / www.metalbulletin.com

Flat steel import prices into the United Arab Emirates and Saudi Arabia moved both up and down during the week ended Tuesday July 13 because of global price fluctuations, with market activity soft during the week before the Eid al-Adha religious holiday, sources told Fastmarkets.The Islamic Eid al-Adha holiday was expected to start next week.HRC prices from China have been decreasing recently as w...Read More

EUROPE HRC: Prices stable as seasonal slowdown starts

July 14, 2021 / www.metalbulletin.com

Domestic prices for hot-rolled coil in both Northern Europe and Italy were fairly stable day on day on Tuesday July 13 due to the start of the seasonal summer slowdown, sources told Fastmarkets.Buyers have been reported to be largely inactive in the market. They have also been holding back from acquiring substantial volumes over the past few weeks, mainly due to still-high prices, long lead times,...Read More

IN CASE YOU MISSED IT: 5 key stories from July 13

July 14, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 13 that are worth another look.European steel association Eurofer has called for the Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading System (ETS) to be balancing mechanisms without any further reductions in free...Read More

Eurofer opposes cuts to emissions allocations, supports complementary CBAM-ETS

July 14, 2021 / www.metalbulletin.com

European steel association Eurofer has called for the Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading System (ETS) to be balancing mechanisms without any further reductions in free emissions allocations, it said on Tuesday July 13."In line with the March 2021 European Parliament vote, Eurofer calls for the CBAM and EU ETS to be complementary systems, without any further redu...Read More

EU GREEN STEELMAKING: ArcelorMittal signs decarbonization MoU with Spain

July 14, 2021 / www.metalbulletin.com

ArcelorMittal has signed a Memorandum of Understanding (MoU) with the Spanish government that will see a ?,?1 billion ($1.19 billion) investment in decarbonization technologies at the company's Asturias plant in Gij??n, it has announced.The investments in new direct-reduction iron (DRI) and electric-arc furnace (EAF) installations in Gij??n will reduce carbon emissions from the company's Spanish o...Read More

Celente: Delta Variant Equals COVID War 2.0 - 'Freedom Is Dead'

July 12, 2021 / marketsanity.com

Gerald Celente hosts the fourth and final hour of this July 12th, 2021 transmission of the Alex Jones Show."Freedom is gone and we have to fight for it."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internation...Read More

Mike Maloney & Adam Taggart: What You Need To Know About Silver Investing & Inflation Right Now

July 13, 2021 / marketsanity.com

Silver on CNBC: https://twitter.com/CNBC/status/14146... Silver has mysteriously appeared as a topic on several mainstream news shows lately, so what does this mean? Is the white metal about to wake from its slumber? Is this a trap? Join Mike Maloney and Adam Taggart as they explore the latest news, along with a deep-dive into some inflation and 'Everything Bubble' data. Don't miss the two 'Memes...Read More

Manarino: BIS Admits "WE ARE PLANNING FOR ABSOLUTE CONTROL"

July 13, 2021 / marketsanity.com

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More

Mohamed El-Erian: Lower bond yields are no longer good news to stocks

July 12, 2021 / marketsanity.com

CNBC's "Squawk Box" discusses the markets ahead of earnings and what investors should know with Mohamed El-Erian, advisor to Allianz and Gramercy.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-...Read More

UK STEEL SCRAP MONTHLY: Price rally extends for third month

July 14, 2021 / www.metalbulletin.com

Prices in the British market for steel scrap deliveries to domestic steelmakers have increased for the third straight month, sources said on Tuesday July 13.They cited tight supplies, notably from arisings in car production, and steady exports into deep-sea markets, with unusually strong demand from the United States.Suppliers have agreed on a general increase of ?5 ($7) per tonne for scrap, alth...Read More

Hyperinflation & A Collapse Is Coming! CPI Disaster With Peter Schiff

July 13, 2021 / marketsanity.com

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

David Kranzler: Are You Ready for the Next Big Move in Metals?

July 13, 2021 / marketsanity.com

0:00 - Introduction0:38 - Silver/Gold Factors8:30 - Gold Chart10:08 - COT Reports Significance14:20 - LBMA Basel Exemption21:30 - Equity Markets24:39 - Deflation?29:09 - Fed & Reverse Repo33:20 - Money Velocity35:29 - CB Digital Currencies38:15 - Concluding ThoughtsDave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large...Read More

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