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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
Our team of over 160 reporters and analysts brings you the latest metals markets analysis while diving into the important developments impacting price volatility.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
The transition of the iron ore market to a 61% Fe pricing benchmark is reshaping trading dynamics and leading participants across the value chain to reassess grade preferences, emerging demand centers and the growing importance of product quality in a decarbonizing steel sector, according to panelists speaking at the panel discussion “The benchmark transition and its implication from different voices” at Iron Ore Decoded 2026, a conference co-organized by Fastmarkets and Horizon Insights.
Fastmarkets has calculated its Carbon Border Adjustment Mechanism (CBAM) Certificate Index at a price only slightly below the official average price for the first quarter of this year, when the regime was brought into operation.
Iron ore market participants said Simandou’s production ramp-up remains on track to meet market expectations, with growing exports from Guinea expected to influence freight markets, high-grade ore pricing and steel decarbonization strategies.
Argentina’s steel industry is showing signs of recovery in 2026, but the rebound remains uneven, with stronger crude steel output contrasting with weak finished steel demand, depressed long steel consumption and renewed pressure from imports.
Fastmarkets proposes to narrow the optimized range for MB-IRO-0020 iron ore fines, % Si VIU, cfr Qingdao, $/dmt, effective from August 3.
North American EV demand is slowing with BEV adoption declining while hybrid vehicle sales gain momentum, prompting automakers to reset strategies amid policy shifts and trade pressures.
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