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  • British Steel Begins Construction of New Billet Caster at Scunthorpe

    From agmetalminer.com

    Longs producer British Steel has begun constructing a billet casting machine at its Scunthorpe works. It will be the second such machine built at the site, which lies in England’s East Midlands region. On June 15th, the company said that the continuous caster should come on stream in late 2022. Once in operation, it will produce square billet in 140x140mm, 155x155mm, and 180x180mm sizes. “The new caster will produce billets of an even higher standard, with much better internal and surface qualities,” said Richard Longbottom, Technical Manager of Steelmaking Development. “We’ll also have a broader product ... (full story)

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    What's gold price outlook as markets shift from inflation to recession fears?

    From kitco.com|Jun 24, 2022

    Gold's volatility has been relatively low compared to other assets as the precious metal retains its "mild bull market" status and trades comfortably between $1,800-$1,900 an ...

    Retail sales, Great Britain: May 2022

    From ons.gov.uk|Jun 24, 2022|1 comment

    Retail sales volumes fell by 0.5% in May 2022 following a rise of 0.4% in April 2022 (revised from a rise of 1.4%); sales volumes were 2.6% above their pre-coronavirus (COVID-19) ...

    US Poised to Escalate Claim That Mexico Violated Free-Trade Pact

    From bnnbloomberg.ca|Jun 24, 2022|1 comment

    The US is preparing to escalate its complaints that Mexico’s state-favoring energy policies violate the nations’ free-trade agreement, people familiar with the matter said, a move ...

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    German Ifo Business Climate Jun: 92.3 (est 92.8; prev 93.0)

    From @LiveSquawk|Jun 24, 2022

    tweet at 4:01am: German Ifo Business Climate Jun: 92.3 (est 92.8; prev 93.0) - Ifo Current Assessment Jun: 99.3 (est 99.0; prev 99.5) - Ifo Expectations Jun: 85.8 (est 87.4; prev 86.9)

    Codelco signs agreement with workers to end strike at copper smelter

    From mining-technology.com|Jun 24, 2022

    Chilean copper mining giant Codelco has signed an agreement with union leaders to end a national strike over the decision to shutter the troubled Ventanas copper smelter. The deal ...

    Research from 44 countries shows levels of rising inflation across the world

    From weforum.org|Jun 24, 2022|1 comment

    Two years ago, with millions of people out of work and central bankers and politicians striving to lift the U.S. economy out of a pandemic-induced recession, inflation seemed like ...

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  • Posted: Jun 24, 2022 3:52am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 41
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