SSAB eyes Tata Steel’s Dutch assets as European consolidation picks up
Swedish steelmaker SSAB is in talks with Tata Steel about potentially buying the Indian group’s Dutch steel mill and related assets, it said on Friday. “SSAB has participated in several different discussions concerning consolidations in the European steel industry,” the company said. “The discussions with Tata are ongoing but no decisions have been made.” Dutch […]
Thyssenkrupp considers carve-out of steel unit – minister
DUESSELDORF — Thyssenkrupp is considering carving out its steel division and putting it under Germany’s economic stabilization fund in a bid to rescue the ailing business, a senior policymaker said on Friday. Andreas Pinkwart, economy minister of North Rhine-Westphalia — Germany’s most populous state where Thyssenkrupp is based — said talks with the conglomerate over […]
EC confirms registration of Turkish HRC imports
The European Commission today announced that Turkish hot-rolled coil (HRC) imports will be subject to registration, which will enable any anti-dumping duties to be applied retroactively. The document, dated 12 November, said that registration will start from the day after publication in the official journal of the EC. Interested parties are given 21 days to comment […]
Golden Independence Engages Permitting Consultants
Vancouver, British Columbia–(Newsfile Corp. – November 12, 2020) – Golden Independence (CSE: IGLD) (FSE: 6NN) (OTC Pink: GIDMF) (the “Company”) is pleased to announce that it has engaged EM Strategies, Inc. (“EM Strategies”) of Reno, Nevada to assist with the permitting for the Company’s flagship Independence gold project in Battle Mountain, Nevada. “Management has engaged EM Strategies […]
Precious Metals Correct On Schedule – An Opportunity In Gold Miners Over The Balance Of 2020
Gold and silver dive on November 9. Central bank liquidity and government stimulus at the risk of repetition. A new reason why 2020 is looking a lot like 2008. Buying gold and silver scale-down for 2021. NUGT and JNUG with tight stops and a strategy. On Monday, November 9, the gold and silver markets put […]
Wheaton Precious Metals’ offers ‘low risk and high upside business proposition’
Wheaton Precious Metals (LON:WPM)(TSE:WPM) Randy Smallwood talks to Proactive London about their ‘original streaming company’. Smallwood believes his company ‘gives shareholders and investors great access to precious metals with very low risk and a high upside proposition’. He explains that 60% of their revenue comes from gold, about 35% from silver and around 5% from […]
Gold rallies should be sold, price could drop to $1,500 in 2021 – DeCarley Trading
The gold market continues to hold critical support above $1,850 an ounce; however, according to one market analyst, it might be only a matter of time before this level gives out, and investors see lower gold prices. In a telephone interview with Kitco News, Carley Garner, founder of the commodity brokerage firm DeCarley Trading said […]
Gold price ignores significant drop in U.S. weekly jobless claims
Gold prices are holding firm as the U.S. labor market continues to see significant improvement as fewer American worker applied for weekly unemployment benefits. Although gold is holding firm support, prices remain well below the critical psychologically important level of $1,900 an ounce. Thursday the U.S. Labor Department said that weekly jobless claims fell by […]
Deformed Steel Rebar Market Expert Guide to Boost the Industry in Global Market Share
Up Market Research (UMR), one of the world’s prominent market research firms has announced a novel report on Global Deformed Steel Rebar Market. The report contains vital insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Deformed Steel Rebar market […]
METALS-Copper prices cling to vaccine hopes
Copper prices were boosted on Thursday by more progress on a possible COVID-19 vaccine, the delivery of which could revive the global economy and galvanise metals demand. Moderna Inc said on Wednesday it had enough data for a first interim analysis of the late-stage trial of its experimental COVID-19 vaccine, which should help determine its […]