Kristin Zimmerman from GM plays the climate fool. Watch all the way to the end.Where does the energy for that 'clean' electric car come from?Continue...Read More

The Canadian Government is designating the right-wing Proud Boys movement as a terrorist group, according to the Toronto Star, which reports that the Continue...Read More

Cutting off energy will lead to a rise in deaths in the colder regions as fossil fuels are shut down.Continue...Read More

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.Read More

"Although these effects tended to improve over time, they remained significantly and abnormally higher in the Covid-19 patients, and the magnitude of these changes were also related to disease severity," Continue...Read More

After the Trump Justice Department sued Yale following the results of a 2-year Civil Rights investigation which found "long-standing and ongoing" race-based discrimination, Continue...Read More

Now that we have entered the new world of diversity, inclusion and equity, the acronym DIE aptly applies. While schools have long been involvedContinue...Read More

"I believe this is a paradigm shift right now. The little guy finally is equipped. Information travels instantly now. It used to be only Continue...Read More

From 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 wild price swings to the tune of many dollars per day, it has been one wild rollercoaster ride in silver lately!And If you're on this ride, you'll want to make sure the person you are sitting next to not only likes this kind of stuff, but perhaps...Read More

The Japanese export scrap market has bounced off the floor to record higher prices over the past week following an effort from suppliers to resist new sales, sources told Fastmarkets on Wednesday February 3.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?36,000-38,000 ($343-362) per tonne on Wednesday, up by ?1,500-3,000 per tonne from ?33,000-36,500 per tonn...Read More

Iron ore prices edged up on Wednesday February 3, supported by an increase in inquiries from steel mills intending purchase, although trading activity was still limited, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $152.65 per tonne, up $2.85 per tonne62% Fe low-alumina fines, cfr Qingdao: $152.90 per tonne, up $2.53 per tonne58% Fe fines high-grade p...Read More

Chinese rebar buyers are stepping away from the market to start their holidays for Chinese New Year, leaving trading activity muted and the domestic price unchanged on Wednesday February 3. Domestic Eastern China (Shanghai): 4,280-4,300 yuan ($663-666) per tonne, unchanged Both end users and stockists have finished stocking up on inventory for consumption after the holiday that officially ends on...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday February 3. Key drivers European titanium scrap markets resumed price increases over the week on tightening supplies. Both low and high tin content turnings are particularly hard to source, with other feedstock to make ferro-titanium, such as vacuum-grade and sponge, also pushing higher as alternative feeds are sought.Scrap price g...Read More

Prices for steel hollow sections in Europe remained unchanged this week after feedstock prices begin to plateau following a period of upward movement, sources told Fastmarkets on Wednesday February 3.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?850-870 ($1,022-1,046) per tonne on Wednesday, unchanged week on week.After weeks of increases for...Read More

Turkey exported 5,451,349 tonnes of flat steel products in 2020, a decrease of 2.82% compared with 5,609,697 tonnes in 2019, according to the Turkish Statistical Institute (TUIK).The country exported 566,436 tonnes of flat steel in December 2020, a 121.59% increase year-on-year compared with the 465,853 tonnes exported in December 2019, the institute said in a recent statement.The main reason for...Read More

A summary of Glencore's 2020 full-year production report for the coal sector, released on Wednesday February 3, 2021.In brief In the second half of 2020, Glencore started various proactive market-related supply reductions in relation to coal production from Australia. The company has maintained its full-year 2021 guidance for coal production at 109-117 million tonnes, however, there will be cautio...Read More

A scheme in India to retire and tax older vehicles will increase the supply of scrap to its domestic market, if its implementation goes ahead after years of false starts, market sources told Fastmarkets.On January 25, the Union Minister for Road Transport and Highways, Nitin Gadkari, approved a proposal for a green tax on older vehicles and the scrapping of some vehicles, a government document sho...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 3 that are worth another look.ArcelorMittal Italia has resumed operations at blast furnace (BF) No2 and coke battery No9 at its Taranto steel plant in the south of Italy, the producer said on February 3.Rio Tinto...Read More

Hot-rolled coil prices in the United States have remained in the $57- to $58-per-hundredweight ($1,140- to $1,160-per-short-ton) range, with most market participants indicating that the market has not yet reached its tipping point.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $57.68 per cwt ($1,153.60 per ton) on Wednesday February 3, down by 0.22% from $57.81 per c...Read More

Treatment charges for both zinc and lead concentrates fell in the last week of January 2021, moving for the first time since November 27 last year, in Fastmarkets' latest assessments.Market sentiment played a large part in driving TCs lower, because even with most producers recovering from the effects of the Covid-19 pandemic on the mining of zinc and lead, significant tenders were concluded at sh...Read More