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As the automotive industry battles the semiconductor shortages, the rapid expansion in growth of EV sales raises questions about the future availability of sufficient electrical steel. Several major steel producers have announced investments in new xEV steel capacity over the next thr...
COVID-19 seems primarily a supply shock that is pushing inflation higher. We expect the Fed to raise rates for the first time in March 2022. If the US economy falls short of full employment, the COVID-19 pandemic will be the likely culprit. For further details see: Fed A...
News reports indicate India is set to become a net exporter of steel to China but will be surpassed by Indonesia as the world’s second-largest stainless steel producer. Indonesia could replace India as the world’s second-largest producer of stainless steel, according to ...
Steel prices have more than doubled in some regions between 2020 and 2021. Steel is critical for both onshore and offshore wind turbines, making up 20% and 90% of turbine mass for onshore and offshore wind, respectively. The recent steel price spikes alone could lead to increasing...
Rising imports and a 25% surge in iron ore prices over just three weeks into top consumer China have been taken by many as a sure bet steel demand is strong. The post cites Chinese customs data from Dec. 7 that reported November iron ore imports of 104.96 million metric tons. That tot...
Commodities, by virtue of their fungibility and broad uses, have infiltrated nearly every facet of human life, making the world enormously reliant on their ready availability. As the world gears up for the push to reduce carbon emissions, one segment of the commodity world under the s...
While inflation was at first believed to be transitory, it is now beginning to look persistent. Biotech stocks are close to 6.5% of the Russell 2000 Value Index benchmark, and only a few have earnings and positive cash flows. We also think the outlook is rosy for small-cap value i...
Despite wholesale cash prices coming down several months ago on several construction related commodities, such as lumber, consumer-level retail prices have not necessarily seen the same drops. Lumber futures returned to relatively normal levels during the fall, settling around an aver...
Prices are plunging for copper and other industrial metals on worries over fears that a new and potentially highly contagious coronavirus variant from South Africa could derail global economic growth. December Comex copper (HG1:COM) -3.2% to $4.315/lb., while aluminum (LMAHDS03:COM) and zinc ...
The U.S. and EU have used the recent G20 summit in Rome to announce an end to hostilities over the steel and aluminum Section 232 tariffs. The negotiations have come up with a “kill two birds with one stone” solution to a dispute that was doing neither side any good. ...
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2024-06-03 01:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-14 03:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-04 09:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...