Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were unchanged during the week to Tuesday October 8 due to Golden Week - the week-long holiday to mark the country's 70th anniversary. Cold rolled coil Fastmarkets' weekly price assessment for steel cold-rolled coil (CRC), export, fob China, was $500-505 per tonne on Tuesday October 8, unchanged from September 24. No of...Read More

When I was in middle school, one of my Saturday chores was to sweep the coal dust off the front porch. We lived at 1016 Westover Avenue, in the West Ghent neighborhood of Norfolk, Virginia. My father was in the Navy, and at that point in his career he was marking his time with the Second Fleet Admiralty.I fell asleep every night to the sound of coal trains rumbling, banging, blowing horns, and sha...Read More

The import price for steel billet in the United Arab Emirates has narrowed over the past week and both import and domestic prices for rebar have fallen slightly, with demand for products only moderate, sources said on Tuesday October 8.New domestic prices for rebar for the month were announced by the country's producers on September 26. Both Emirates Steel and Conares reduced their prices.Billet i...Read More

China's domestic rebar prices moved down on Tuesday October 8 on heightened selling interest and weak futures on the first working day after the country's Golden Week. Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($525-530) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, down 10 yuan per tonneStockists who built up their inventories late in Septembe...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products.Latest transaction: rebar, wire rodRebar East China, domestic, grade III 16-25mm...Read More

Turkish steel mills continued to stay out of the deep-sea scrap markets on Tuesday October 8 with prices unchanged on a lack of fresh bookings, according to market sources. Market participants told Fastmarkets that mills in Turkey booked a lot of cargoes for November shipment and can now take a break and focus on finished steel markets. But market participants believe...Read More

Physical iron ore prices rose on Tuesday October 8 on likely easing production restrictions in north China.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $94.77 per tonne, up $1.39 per tonne.  62% Fe Pilbara Blend Fines, cfr Qingdao: $94.05 per tonne, up $1.14 per tonne.62% Fe low-alumina fines, cfr Qingdao: $93.50 per tonne, up $1.78 per tonne. 58% Fe fines high-premium, cfr Qingdao...Read More

Vale expects Chinese demand for iron ore pellets and pellet feed to rise by 50 million tonnes per year with mills in China increasing the usage of pellets in their blast furnaces.It estimates that pellet consumption could increase its proportion of the total raw material mix in blast furnaces from 11% in 2015 to 19% in 2025, according to a presentation that the Brazilian miner showed to investors...Read More

The import price for steel billet in the United Arab Emirates has narrowed over the past week and both import and domestic prices for rebar have fallen slightly, with demand for products only moderate, sources said on Tuesday October 8.New domestic prices for rebar for the month were announced by the country's producers on September 26. Both Emirates Steel and Conares reduced their prices.Billet i...Read More

China's domestic rebar prices moved down on Tuesday October 8 on heightened selling interest and weak futures on the first working day after the country's Golden Week. Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($525-530) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, down 10 yuan per tonneStockists who built up their inventories late in Septembe...Read More

- Michael J. Kosares1. It is led by institutions and funds, not private investors. Global quantitative easing created a huge and mobile pool of capital in constant need of a place to call home. As the need for a safe haven became apparent among the stewards of that capital, the demand for gold flourished. The consistent presence of funds and institutions as buyers in this rally, as repre...Read More

Stefan GleasonDespite the gravity of an impeachment inquiry that threatens to bring down the presidency of Donald J. Trump, markets have largely shrugged it off.The reason? Odds of a two-thirds majority in the Republican-controlled Senate voting to remove Trump from office are slim.What has Wall Street more concerned are the rising odds of Elizabeth Warren becoming the Democrat nominee for presi...Read More

Avi Gilburt I have been providing public analysis for the last eight years on many forums in addition to our main website Elliottwavetrader, which just celebrated its 8th anniversary. In fact, my first major public call in the market was when I suggested that the gold would top at $1,915 back in the fall of 2011:"Again, since we are most probably in the final stages of this parabolic fifth w...Read More

By: Ira EpsteinGold is caught whipping back and forth. Pattern is lower-highs and lower-lows, which is bearish unless gold (dec) gets back above $1,525:Read More

Yesterday's fall was due to inability to rise and profit taking before the US-China trade talk. Short sellers become active once gold started to fall. Right now the fall in gold is just a correction. If gold and silver fall today and tomorrow, then it will move into a short term bearish phase. I am not buying gold and silver today. Chinese are not buyers. Just remember that correction of $125-$1...Read More

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

Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where...Read More

"The big Chinese market is open to the world, but those who challenge China's core interests and hurt Chinese people's feelings cannot make any profit from it."Continue...Read More

Commander David Fravor is a retired US Navy pilot, who has a close encounter in 2004 with the so-called Tic Tac UFO, and Jeremy Corbell is a contemporary artist and documentary filmmaker.Read More

Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More