Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Information about a new tax regime for imports of steel billet into China, to start on Saturday May 1, has added to the bullish sentiment among CIS billet exporters.On Wednesday April 28, China's ministry of finance announced that, in order to better guarantee the supply of steel resources and promote the high-quality development of the domestic steel industry, the import tariff for certain steel...Read More

These final 2020 assays from Liberty Gold's Black Pine along with the company's 2021 exploration progress and upcoming catalysts are covered in a PI Financial report. Liberty Gold Black PineIn an April 26 research note, PI Financial analyst Chris Thompson noted that Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) released the final results of its large diameter, metallurgical core drilling at Black Pin...Read More

Sector expert Michael Ballanger considers inflation and how market manipulations could have a detrimental affect on the gold bull, and describes how he's shifted his investing focus in response. "Once I built a tower, up to the sun, Brick, and rivet, and lime; Once I built a tower; now it's done. Brother, can you spare a dime?" Harburg & Gourney In 1932, a couple of songwriters named E.Y. "Yip"...Read More

I think gold is climbing the wall of worry. There's a lot of things that could happen, all of which are bad for the economy and good for gold.Continue...Read More

The markets for high- and low-carbon ferro-chrome in Europe softened in the week ended Tuesday April 27 following weakening in the markets in Asia, particularly China.Fastmarkets' price assessment for ferro-chrome, 0.10% C, average 65-70% Cr, delivered Europe, was $1.87-2.36 per lb Cr on April 27, a fall of 4-26 cents per lb Cr (6.6%) from $2.13-2.40 per lb Cr on March 30.There was a big fall at t...Read More

Peter Krauth of Silver Stock Investor discusses silver's rise and what may lie ahead.Spot silver is trading around $26 per ounce…but you can't buy any at that price.Instead, you'll have to pay almost 50% more.That's right. If you want silver right now, you'll need to pay at least $35 per ounce.If you prefer government mint coins, and you're willing to wait a month to get them, you'll have t...Read More

Indicators are pointing to gold andmining ETFs running out of breath. They don’t seem to have what it takes to themove to the finish line.Despite gold, silver and mining stocks’recent corrective upswings, the precious metals are running out of steam. Afterbursting off of the lows – while failing to recognize that it’s a marathon andnot a sprint – the precious metals&r...Read More

Demand for steel rebar in Egypt should increase soon after the new construction regulations come into effect on May 1, sources told Fastmarkets on Thursday April 29.The Egyptian Ministry of Local Development announced that it will allow new building permits from May 1 onward, sources told Fastmarkets.The permits will be provided until June 30 as part of a trial period and after the trial, the mini...Read More

ArcelorMittal has again increased its official offer prices for all steel coil products in Northern Europe by ?,?20-50 ($24-60) per tonne, sources told Fastmarkets on Thursday April 29.The steelmaker had already increased its offers three times in April.With this latest increase, offer prices for hot-rolled coil reached ?,?1,020 ($1.233) per tonne ex-works, up by ?,?20 per tonne from the most rece...Read More

Domestic prices for flat-rolled steel in the United States are expected to remain high throughout the second quarter, but decrease slightly in the third and fourth quarters, although not significantly, Ternium chief executive officer M??ximo Vedoya said on Wednesday April 28.The executive said demand in the US was strong, and he doesn't expect any material improvement on the supply side this year....Read More

China will remove the export tax rebate for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.Steel products with HS codes 7205-7307 will be affected, which includes hot-rolled coil, rebar, wire rod, hot rolled and cold-rolled sheet, plate, H beams and stainless steel, the ministry said.Market chatter about the cancellation of steel export rebate rates have be...Read More

Here are five Fastmarkets stories you might have missed on Thursday April 29 that are worth another look.Major Indian steelmaker JSW Steel is reducing steel production to ensure that sufficient oxygen is sent from its plants to the healthcare sector to help combat the surge in Covid-19 cases in...Read More

Information about a new tax regime for imports of steel billet into China, to start on Saturday May 1, has added to the bullish sentiment among CIS billet exporters.On Wednesday April 28, China's ministry of finance announced that, in order to better guarantee the supply of steel resources and promote the high-quality development of the domestic steel industry, the import tariff for certain steel...Read More

ArcelorMittal has again increased its official offer prices for all steel coil products in Northern Europe by ?,?20-50 ($24-60) per tonne, sources told Fastmarkets on Thursday April 29.The steelmaker had already increased its offers three times in April.With this latest increase, offer prices for hot-rolled coil reached ?,?1,020 ($1.233) per tonne ex-works, up by ?,?20 per tonne from the most rece...Read More

The three-month price of copper breached the $10,000-per-tonne mark on the London Metal Exchange during trading on Thursday April 29, while zinc and aluminium also reached fresh year-to-date and multi-year highs, driven by overall bullish sentiment.Most metals set their new highs during early trading, when the US Dollar Index was around its two-month low of 90.47 on Thursday morning. But when the...Read More

Here are five Fastmarkets stories you might have missed on Thursday April 29 that are worth another look.Major Indian steelmaker JSW Steel is reducing steel production to ensure that sufficient oxygen is sent from its plants to the healthcare sector to help combat the surge in Covid-19 cases in...Read More

Aluminium producer Rusal has appointed Roman Andryushin to the position of deputy chief executive officer of sales in Russia, the Commonwealth of Independent States (CIS) and China, the company said on Thursday April 29.Rusal also said Steve Hodgson will be returning to the company as director of sales and marketing, responsible for commercial operations and aluminium sales in the European, A...Read More

There is a "Silver Accident" waiting to happen and it will come from...by Bix Weir of Road to RootaThere is a "Silver Accident" waiting to happen and it will come from the LEASING of massive amounts of Physical Silver from JP Morgan into the SLV ETF and others! Bank of America and Citigroup are going to feel the pain on this one as the world has Run out of 1,000 oz bars and ALL LEASES have end dat...Read More

There are many reasons the Cartel is about to give silver a good old-fashioned pummeling, and this time, the reasons have nothing to do with madness...(by Half Dollar) I'm still bearish on silver in the short-term for several reasons (three listed below) that nobody seems willing to discuss, but these reasons are indeed various elephants in the room, and since there are so many people who are new...Read More

We know that there is something BIG happening in the silver market when... by Steve St Angelo of SRSrocco ReportWhile we have witnessed a surge of new silver investment demand over the past year, it's nothing compared to the massive buying coming in the future. We know that there is something BIG happening in the silver market when the top silver analysts "conveniently" omit the massive global...Read More