Seaborne iron ore prices pushed up again on Monday July 1, with gains also seen in the downstream sector in China.MB 62% Fe Iron Ore Index: $123.65 per tonne cfr Qingdao, up $5.18 per tonne. MB 62% Fe Pilbara Blend Fines Index: $121.69 per tonne cfr Qingdao, up $5.18 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $125.76 per tonne cfr Qingdao, up $6.12 per tonne. MB 58% Fe Premium Index: $113.67...Read More

Seaborne iron ore concentrate prices made little movement last week although the price paid for iron ore pellets continued to move up while environmental restrictions on steelmaking operations in parts of China underpinned demand for the latter.The weekly Fastmarkets MB 66% Fe Iron Ore Concentrate Index stood at $123.03 per tonne cfr China last Friday, moving down by $0.02 per tonne week on week.T...Read More

Pessimism grew in the seaborne coking coal market on Monday July 1, with transactions and offers declining further.A shipment of premium low-vol hard coking coal, scheduled for loading over July 4-14, was sold to an end user in northern China over the weekend at $192.94 per tonne cfr China, according to various sources.This is down around $4 per tonne compared with a transaction last Friday involv...Read More

Fastmarkets MB is changing the frequency of its cfr Taiwan containerized steel scrap assessment to a daily one from Monday July 1. The move follows a one-month consultation, and is aimed at capturing in greater detail the price movements for the steelmaking raw material in Asia, of which those in the territory serve as a major benchmark. This assessment was previously done on a weekly basis and pu...Read More

Equity indices around the world moved higher in overnight trading. They responded to a resumption of trade negotiations between the U.S. and China. The S&P 500 Index futures gained 32.75 points to 2,977.00 implying a move by the Index at the open to an all-time high above the previous high at 2,964.15.Other indices recording significant gains in overnight trading included the Shanghai Composit...Read More

Chinese hot-rolled coil prices strengthened on Monday July 1 on optimism generated by the agreement to resume trade talks between China and the United States.DomesticEastern China (Shanghai): 4,000-4,020 yuan ($582-585) per tonne, up 80 yuan per tonneNorthern China (Tianjin): 3,920-3,940 yuan per tonne, up 70-80 yuan per tonneMills raised their offers over the weekend amid improved sentiment after...Read More

Prices for Chinese rebar increased sharply on Monday July 1 in both the domestic and export markets following signs of an improvement in trade relations between China and the United States over the weekend.Domestic Eastern China (Shanghai): 4,030-4,070 yuan ($587-593) per tonne, up 70 yuan per tonneNorthern China (Beijing): 3,950-3,990 yuan per tonne, up 100-110 yuan per tonneUS President Donald T...Read More

PRIVATE BLOG – Gold Close of June 2019 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

Key data from the pricing sessions in Asia and Europe for the week ended Friday June 28.ChinaKey drivers The Chinese domestic antimony price was unmoved for a fourth consecutive week, which reflects thin spot business. But the price could dip in this because some Chinese antimony suppliers have shown willingness to lower their offer prices to encourage sales to destock and generate cash flow.Still...Read More

Key data from the pricing sessions in Asia and Europe for the week ended Friday June 28ChinaChina's silicon export price slides on signs of a weakening domestic market due to more supply and limited bookings for July cargoes. Sellers open to cheaper bids to achieve sales early in expectation of slow demand in the summer lull and increasing supply during rainy season. Most refiners in Yunnan provin...Read More

Our monetary system is broken. It's given us low growth, a shrinking job force, inequality beyond what a healthy economy would produce, inefficiency, and the unnatural growth of finance as a portion of the economy. Our aging Federal Reserve System starves both small businesses and Silicon Valley of the capital needed to grow jobs and wages.Fed policy translates into zero-interest-rate loans for th...Read More

I've been self-employed for the last decade and I've been doing my own taxes for as long as I've had income so I've learned an awful lot about both things over the years.Now, after recently getting a letter from the IRS regarding my 2018 return, I have some new insights to share with you about where the two areas intersect - specifically why the advantages of a special retirement plans for busines...Read More

Spanish stainless steelmaker Acerinox has appointed Mark Davis chief executive officer of its Bahru Stainless joint venture in Malaysia, it said on Monday July 1.Davis replaces Oswald Wolfe, who becomes director of institutional relations at Acerinox's headquarters in Madrid, Spain. Wolfe had been CEO of...Read More

Mae C. Jemison, the first woman of color in space, will be the Colorado School of Mines 2019 Homecoming Distinguished Lecturer on Thursday, October 17. Jemison blasted into orbit aboard the space shuttle Endeavour, September 12, 1992. Now, founder and president of two technology companies, the space flight was just one of a series of accomplishments for her.Born in Decatur, Alabama, and raised i...Read More

Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland minerals'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Citi, in a report titled ‘Drilling down into Winu', arrived at a preliminary conclusion that...Read More

"@discovermahony $17.50 for a grilled chicken salad tonight at UBC not impressed at the price after being out of Thai curry ... won't go back to your chain with these prices!"Read full newsRead More

Rick Rule interviews Leigh Curyer, president and CEO of NexGen Energy Ltd., about the company's uranium exploration assets in the Athabasca Basin in Saskatchewan, Canada - specifically its Arrow Deposit. Curyer describes the Arrow Deposit as the best uranium asset in the world from both a technical perspective and an economic perspective. What makes the ...Read full newsRead More

TORONTO, June 28, Jun 28, 2019 (GLOBE NEWSWIRE via COMTEX) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED...Read full newsRead More

"@discovermahony $17.50 for a grilled chicken salad tonight at UBC not impressed at the price after being out of Thai curry ... won't go back to your chain with these prices!"Read full newsRead More

Gold closed the month of June and the quarter above $1400/oz, holding the majority of its recent gains. That does not necessitate continued strength but it is a good sign.The technicals and fundamentals are finally in place for Gold.It is outperforming all major currencies and the Federal Reserve is weeks away from beginning a new cycle of rate cuts. The U.S. Dollar has lost its uptrend.The near-t...Read More