Steel companies ArcelorMittal and Ovako have both begun to offer the first certified "green steel", following increased scrutiny on emissions from customers, the two companies announced separately. ArcelorMittal ArcelorMittal Europe is offering green flat steel products using a system of certificates which are linked to the tonnes of CO2 savings achieved through the company's investment in decarbo...Read More
Here are five Fastmarkets stories you might have missed on Monday February 15 that are worth another look.The Gulf Co-operation Council (GCC) believes that a recent increase in the imports of certain steel products could pose a threat to domestic industry, according to a document seen by Fastmarkets, in which the group's Technical Secretariat recommended imposing a safeguard duty on...Read More
Positive sentiment in the long steel market over the past week helped Commonwealth of Independent States (CIS) producers to achieve wire rod sales at higher prices, sources said on February 15."Prices for wire rod have gone up after higher scrap bookings and more optimism in the market," one trader said. Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey...Read More
Egypt's use of rebar was almost halved in January 2021, with the country consuming just 308,000 tonnes of the construction material - a 46.53% year on year drop from January 2019's 576,000 tonnes.El Marakby Steel's chief business development officer Ramy Saleh told Fastmarkets on Monday February 15 that, in January, rebar use was at its lowest level for more than 10 years...Read More
Turkish domestic scrap prices have rebounded in the past week thanks to the upturn in imported scrap values, market sources said on Monday February 15.The producers in the country resumed their deep-sea scrap bookings on Wednesday last week, dragging prices up by more than $22 per tonne week on week by Friday.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was...Read More
British steel scrap suppliers have mostly settled monthly delivery prices for steel scrap to domestic consumers at ?30 ($41) per tonne lower for February, not as low as expected because export prices to traditional deep-sea markets have staged a late recovery this month, industry sources told Fastmarkets. The move marks the first downturn in prices since October when the markets dropped ?5 per t...Read More
Here are five Fastmarkets stories you might have missed on Monday February 15 that are worth another look.The Gulf Co-operation Council (GCC) believes that a recent increase in the imports of certain steel products could pose a threat to domestic industry, according to a document seen by Fastmarkets, in which the group's Technical Secretariat recommended imposing a safeguard duty on...Read More
Looks like Asia could be the place to go. Positive growth rates ahead. The World Economic Forum's agenda appears to be taking place. Build Back Better! Every country has the same talking points. Everyone is calling for the Great Reset. They think that they can further their climate change agenda by destroying all jobs that aren't green. Coal miners should learn how to build solar cells. Many peopl...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
0:00?EUR< Intro0:55?EUR< Reddit vs Short Sellers8:06?EUR< Naked Short Selling9:40?EUR< Robinhood Response12:38?EUR< Market Corruption in 202116:43?EUR< Redistribution of Wealth17:54?EUR< 2021 Crisis & Social Media20:39?EUR< Sovereign Debt Crisis & The Endgame22:42?EUR< Signals of a Market Crash To Watch24:17?EUR< Inflation is the Key27:36?EUR< Safeguarding your Portfolio in 202133:10?EUR< Trends i...Read More
Question 1: 0:43?EUR< Do we need to worry about a confiscation of junk silver under the guise of a physical currency recall? My precious metals dealer has told me to go for pure fractional silver as much as possible (which is difficult to find), but in a barter situation I see the benefit of junk silver. My only resistance is having it confiscated not due to its intrinsic value, but under the bann...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Tom welcomes macro money manager, bond king, and financial planner Steven Van Metre back to the show. 0:00?EUR< - Intro1:06?EUR< - Trends and Timelines8:04?EUR< - Fed & Liquidity17:00?EUR< - Fed & Inflation23:15?EUR< - Fed & Higher Rates26:12?EUR< - Bonds & Short Risks36:10?EUR< - Preserving Capital38:22?EUR< - GDX vs. Equities40:12?EUR< - Long-term bullish gold43:49?EUR< - Wrap UpTalking Points F...Read More
Peloso's Wall is massive. Suddenly walls now work and they areContinue...Read More
Here are five Fastmarkets stories you might have missed on Monday February 15 that are worth another look.The Gulf Co-operation Council (GCC) believes that a recent increase in the imports of certain steel products could pose a threat to domestic industry, according to a document seen by Fastmarkets, in which the group's Technical Secretariat recommended imposing a safeguard duty on...Read More
Steel companies ArcelorMittal and Ovako have both begun to offer the first certified "green steel", following increased scrutiny on emissions from customers, the two companies announced separately. ArcelorMittal ArcelorMittal Europe is offering green flat steel products using a system of certificates which are linked to the tonnes of CO2 savings achieved through the company's investment in decarbo...Read More
LONDON, 10 February 2021 - Comment from BullionVault features today in a report on the surging price of platinum from US financial news-site MarketWatch.Power shutdowns in the metal's No.1 producer South Africa have added $100 per ounce to its, says director of research Adrian Ash.Read the full story at MarketWatch here:Platinum, copper rally to multiyear highs as bets on economic recovery lift in...Read More
LONDON, 3 February 2021 - Young investors in Germany are turning to precious metals at a phenomenal rate according to the highly-respected Frankfurter Allgemeine Zeitung newspaper, citing figures from BullionVault."Latest data from the international online trading platform show a remarkable change in the age group," says the FAZ report online. "The number of 18 to 25 year olds from Germany who tr...Read More
Here are five Fastmarkets stories you might have missed on Monday February 15 that are worth another look.The Gulf Co-operation Council (GCC) believes that a recent increase in the imports of certain steel products could pose a threat to domestic industry, according to a document seen by Fastmarkets, in which the group's Technical Secretariat recommended imposing a safeguard duty on...Read More
Tesla has supported the price of Bitcoin, but it can affect gold as well.The bull market in cryptocurrencies continues. As you can see in the chart below, the price of Bitcoin has recently increased to almost $47,000 (as of February 10). The parabolic rise seems to be disturbing, as such quick rallies often end abruptly. However, it’s worth noting that the price of Bitcoin has partially jump...Read More