Seaborne iron ore prices tumbled on Tuesday February 2 amid poor steel demand which weighed further on market sentiment, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $149.80 per tonne, down $7.27 per tonne62% Fe low-alumina fines, cfr Qingdao: $150.37 per tonne, down $7.40 per tonne58% Fe fines high-grade premium, cfr Qingdao: $139.28 per tonne, down $4.67 per t...Read More

The London Metal Exchange three-month tin price reached a new 2021 high and was the sole metal to make gains in morning trading on Tuesday February 2, while the rest of the base metals were constrained by a bullish US dollar index following "productive" Covid-19 stimulus plan discussions in the United States. Tin's forward price reached $23,330 per tonne shortly after 9am, a new year-to-date high...Read More

The latest forecasts from Fastmarkets' team of base metals analysts are ready to view.Aluminium: SHFE tailwind for LME pricesAs we are entering the traditional strong demand season, we expect Chinese aluminium demand to show further recovery, and we expect demand from existing end-user sectors, new infrastructure projects and the export sector to show some increases. As a result, we believe that S...Read More

The latest forecasts from Fastmarkets' team of base metals analysts are ready to view, including an upgrade to our aluminium price forecasts.Aluminium: Price forecasts raisedWe correctly expected the macro reflationary theme to raise the prices for all base metals but, with it being the base metal with by far the weakest fundamentals, we had expected the price of aluminium to underperform relative...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.These include an increase in our copper mine disruption estimates, upgrades to our production outlook for Indonesian nickel pig iron (NPI), a smaller refined zinc surplus, and an upgrade to our zinc price forecasts.Aluminium: Big disconnect between price and fundamentalsAluminium has extended its uptrend on the London Metal...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view. We also review our price forecasting accuracy for the second quarter 2020.Q2 2020 price forecast performance review According to the results of Fastmarkets' Apex for the second quarter of 2020 published this week, Fastmarkets' base metals research team was the second most accurate price forecaster for nickel (99.06%), lead...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.The conequences of the Covid-19 pandemic on energy demand affected oil and gas prices through much of 2020 and weighed on drilling rates and demand for oil-country tubular goods (OCTG) in most regions.These effects were most likely to continue well into 2021 and perhaps longer, according to Fastmarkets OCTG Intelligence Serv...Read More

https://media.blubrry.com/silverdoctors/p/content.blubrry.com/silverdoctors/DaveKranzlerFeb2021SDaudio.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Stitcher | Email | RSSFrom the Reddit traders thinking they can take on the big bank silver shorts, to silver bullion dealers getting wiped out of their inventory, and to the...Dave Kranzler of Investment Research Dynamics inter...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view. buoyant flat steel market and rising raw material prices resulted in large price rises for welded pipe products across all regions in January 2021.Increases in the price assessments for helical submerged arc-welded (HSAW) pipes were of the magnitude of $140-190 per tonne, with the exception of Europe, where prices were...Read More

The major silver shorts just keep shorting...by Chris Powell of the Gold Anti-Trust Action Committee (GATA)So there must be a bad reason.* * *9:30p ET Sunday, January 21, 2021Dear Friend of GATA and Gold:Silver market analyst Ted Butler writes tonight that the major silver futures shorts just keep shorting and then borrowing metal from the exchange-traded fund SLV and leasing it, essentially pilin...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.It was only a couple of months ago that contract buyers of coated steels - represented in large part by market participants from the automotive sector - were grudgingly resigned to paying as much as ?,?100 ($120) per tonne more for their contracted shipments in 2021 compared with in 2020. Increases in contract prices of...Read More

SILVER IS READY TO MOONSHOT!!by Bix Weir of Road to RootaSILVER IS READY TO MOONSHOT!! Read More

This is a "shotgun" style of a short-squeeze. It will likely result in the entire precious metals sectorby Chris Vermeulen of The Technical TradersIn the recent past, quite a bit of attention was focused on Bitcoin throughout the October 2020 to January 2021 rally phase. It was an incredible rally of over 400% and many analysts had highlighted the alignment of Bitcoin to Precious Metals prior to...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:US flat product prices maintained momentum through November, with increases accelerating in early December in response to supply shortfalls, rising scrap prices, and improving demand.While we correctly forecast further pricing gains in November, actual prices surpasse...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR?In a strong start to the year, January saw ore and alloy pricing gains across all markets priced by Fastmarkets - with the exception of Chinese silicon metal export prices, which retreated slightly last month after posting impressive gains in December 2020.The combination...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Key ferro-alloy forecast highlights for the coming months:?EUR? A strong recovery in both bulk and noble alloys is expected in 2021 but the markets are unlikely to return to the levels seen before the outbreak of the Covid-19 pandemic. We have seen a quicker-than-expected recovery across various regions amid the economic fal...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Prices for most ferro-alloys maintained their upward momentum into October, solidifying previous gains and reflecting the improved demand from steelmakers, the rebuilding of depleted inventories, and the supply-side concerns following both planned and unplanned outages. Gains were noted for ferro-silicon, silicon metal, mang...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloys forecast highlights:Prices across most ore and alloy markets trended higher in September, buoyed by improving demand from steelmakers with the end of the summer holiday season in Europe and the United States, as well as maintained demand from Chinese steel mills. Tightening of alloy inventories...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Fastmarkets analysts were invited to present our outlook for the coking coal market at Coaltrans Asia, held online on November 23-25. One of the key topics at the event was the trade tensions between China and Australia, which overtook Mongolia to become the largest coking coal exporter to China this year...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More