I have endeavored to provide only reliable information. My sources areContinue...Read More

With such overwhelming positivity and confidence in the market going higher, my alligator senses really start to tingle.Continue...Read More

What does record high margin debt tell us?Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.Read More

"They're on their knees pleading with billionaires and oligarchs and monopolists and Silicon Valley to censor in a way that they believe is politically advantageous."Continue...Read More

"We cannot rule out that adverse reactions to the vaccine occurring within the first days following vaccination (such as fever and nausea) may contribute to more serious course and fatal outcome in patients with severe underlying Continue...Read More

And you thought your year was going badly? A man in the UK said he accidentally put a hard drive with 7,500 bitcoins in the trash while clearing out his home in 2013.Continue...Read More

The study from the US-China Business Council (USCBC) and Oxford Economics said a moderate reduction of tariffs on both sides could lead to an Continue...Read More

"Investors will likely see the low interest rate environment as an opportunity to add risk assets in Continue...Read More

China's iron ore imports increased by 9.5% in 2020 in comparison with 2019, Chinese customs data shows.The country imported 1.17 billion tonnes of the steelmaking raw material last year, compared with 1.07 billion tonnes in 2019, according to the statistics released on Thursday January 14.This is despite a 4.5% year-on-year drop in imports in December to 96.74...Read More

China's steel imports increased sharply in 2020 but exports declined from 2019 levels, according to Chinese customs data released on Thursday January 14.2020 imports: 20.23 million tonnes, up by 64.4% from 2019. ...Read More

Turkey's Ministry of Trade announced on Saturday January 9 the initiation of an anti-dumping investigation into imports of hot-rolled flat steel from the European Union and South Korea.The products under investigation are under HS codes 7208.10.00, 7208.25.00, 7208.26.00, 7208.27.00, 7208.36.00, 7208.37.00, 7208.38.00, 7208.39.00, 7208.40.00, 7208.52.10, 7208.52.99, 7208.53.10, 7208.53.90, 7208.54...Read More

In an era of historically low interest rates, investors are desperately looking for value. If current activity is anything to go by, they believe it lies in commodities.That is because prices of key commodities are steadily gaining; copper has hit eight-year highs above $8,000 per tonne, nickel is at six-and-half year highs near $18,000 per tonne, and iron ore prices are at levels last seen in 201...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:US flat product prices maintained momentum through November, with increases accelerating in early December in response to supply shortfalls, rising scrap prices, and improving demand.While we correctly forecast further pricing gains in November, actual prices surpasse...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese domestic and export flat steel prices surged in November 2020, with the export hot-rolled coil index rising to $592 per tonne during the month from $519 per tonne previously, and the monthly average increasing by 7.5% over October.Economic activity in China continued to expand, with manufacturing output rising by 7.5...Read More

Silver's punch was far more noticeable...by J. Johnson via JS MinesetGreat and Wonderful Friday Morning Folks, Gold reached close to, then up to $1,856.60 then was pelted back (both times) with London doing what it always does, slamming the prices before Comex opened with the trade now at $1,847.90, down $3.50 after creating a new low of $1,844.10. Silver's punch was far more noticeabl...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:?EUR? Flat steel product prices in the United States moved largely in line with our expectations in October, although the increases slightly outpaced our projections. US hot-rolled coil prices averaged $655 per ton in October, exceeding our forecast price of $640 per...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Flat product prices in the US moved largely in line with our expectations in October, posting impressive gains across the product range, and slightly exceeding our forecasts for coil products.Domestic hot-rolled coil prices averaged $722 per tonne in October, exceeding our forecast of $705 per tonne forecast price.Although w...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Key ferro-alloy forecast highlights for the coming months:?EUR? A strong recovery in both bulk and noble alloys is expected in 2021 but the markets are unlikely to return to the levels seen before the outbreak of the Covid-19 pandemic. We have seen a quicker-than-expected recovery across various regions amid the economic fal...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Fastmarkets analysts were invited to present our outlook for the coking coal market at Coaltrans Asia, held online on November 23-25. One of the key topics at the event was the trade tensions between China and Australia, which overtook Mongolia to become the largest coking coal exporter to China this year...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Prices of stainless steel are generally set to reach highs for the year as 2020 comes to a close. For the most common nickel-containing grades of stainless steel, this upward trend is being driven above all by rising nickel prices, which themselves are hitting relatively high levels into the end of 2020.The price increases si...Read More