Flat-rolled steel import prices continued to trend upward in South America during the week ended Friday March 5, with China and Japan raising their offers for May-shipment material and freight costs remaining elevated.The price increases were taking into account costlier bulk freight rates in addition to the potential export tax rebate cut in China, market participants said. The pot...Read More

Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia.Read More

You may not notice it, but the world around you is changing drastically.Earlier this year, for the first time ever, New York City's beloved Empire State Building became a smart-energy skyscraper that is now 100% powered by wind.Last summer in Chattanooga, city officials completed the installation of its Ultra Smart Streetlight system, created by Global Green Lighting. The system uses a technology...Read More

Some hot-rolled coil producers closed their orderbooks for June production during the week ending Friday March 5 and have started to offer product in Turkey for July production at higher prices, sources told Fastmarkets. Russia, one of the main import sources for HRC to Turkey, sold two cargoes during the week and stopped accepting new orders. The offer prices from Ukraine and China were also high...Read More

Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia.Read More

The domestic steel rebar market in Poland was largely quiet during the week to Friday March 5, despite producers' push for price increases, sources told Fastmarkets on Friday March 5.Buying activity in Poland's rebar market became quiet this week after a series of bookings were made in the week before. Additionally, ArcelorMittal announced a ?,?30-40 ($36-48)-per-tonne increase for long steel pri...Read More

The eastern China rebar price fell for the second day in a row on Friday March 5 amid sparse trading, reversing the gains made on Wednesday and leaving a week-on-week rise of just 20 yuan ($3) per tonne. Domestic Eastern China (Shanghai): 4,640-4,670 yuan ($730-736) per tonne, down by 80-90 yuan per tonne Northern China (Beijing) weekly assessment: 4,530-4,550 yuan per tonne, up by 30-40 per tonne...Read More

The pig iron export market from Brazil continued to increase during the week to Friday March 5 on new sales.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $520 per tonne on Friday, up from $500-515 per tonne a week before.One sale of pig iron from the south of Brazil was heard to the United States at $520 per tonne fob...Read More

The pig iron import market in the United States went up again during the week to Friday March 5 on new sales at higher prices, market sources have said.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $570 per tonne on Friday, an increase of $20 per tonne from $550 per tonne a week earlier.One cargo of 50,000 tonnes for May shipment was booked from Russia at...Read More

Steel scrap prices continued to surge this week due to sustained demand from buyers in all markets, with the exception of India. Downstream steel prices have supported raw material price increases in Asia, with buyers melting scrap to feed demand for billet and long steel products.Turkey books Canadian, Baltic Sea scrapUS export prices to go higherVietnam buys deep-sea bulk cargoesTaiwan chases co...Read More

Export prices for Brazil-origin slab widened upward due to continued strong demand in the United States.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was $740-780 per tonne on Friday March 5, widening upward by $20 from $740-760 per tonne on February 26. Past deals were closed at $740-760 per tonne fob for April shipment, with the higher end of the ran...Read More

Prices for CIS-origin steel billet in the Black Sea market remained largely unchanged on Friday March 5 with more reported sales to Turkey.A cargo from a small Russian mill was sold at "slightly above $610 per tonne cfr," one market source said. Considering the current cost of freight, around $25 per tonne, the price would be equivalent to $586 per tonne...Read More

Technical analyst market forecaster David Brady joins us for a discussion of the current trends in the precious metals as well as his forecast for where prices will head later this year and into 2022.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater ec...Read More

Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More

How is the stock market today in 2021? CEO of Cambridge House, Jay Martin, interviews best selling author and financial expert, Harry Dent, on the 2021 stock market conditions following the Covid-19 pandemic and what we can expect to see in the upcoming year. Harry is not surprised by the crash of the stock market but does think many people are overreacting and simply naive to think that we have a...Read More

The 10-year yield has climbed to 1.56% Friday morning, but can rise to as high as 1.75% before the Federal Reserve steps in to intervene, said Peter Hug, global trading director of Kitco Metals.Peter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera. He served as SVP at Guardian Trust Company, which became one of the larg...Read More

Nominal yields rise on inflation fears, but beneath the hopes of an improving economy are deep, structural problems that will not recover anytime soon, said Todd Horwitz of BubbaTrading.com.Horwitz noted that most of the small businesses that were locked down will not be returning to business.0:00?EUR< - Stock markets and inflation7:16?EUR< - Recovery of the economy?11:03?EUR< - Gold falls below $...Read More

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More

Join Mike Maloney, Jeff Clark and Adam Taggart as they discuss the most recent events in silver. You'll hear news on a new book, see a chart that proves silver is manipulated, and one of the guests will be 'honked' for referring to currency as money....who will it be?Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader...Read More

Talking Points From This Episode- Recovery, Dollar, & Bonds- Hyperinflationary Scenarios- Bonds, Dollar, & Gold- Bitcoin Vs. MoneyTime Stamp References:0:00?EUR< - Intro0:34?EUR< - Treasury Plans & Neg. Rates8:24?EUR< - Backwardation9:45?EUR< - Bonds Up Globally13:58?EUR< - Hyperinflationary Scenario17:05?EUR< - EU Banking Imploding18:54?EUR< - Gold Relative to Dollars20:45?EUR< - Gold and Yields2...Read More