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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.
For most of the last decade, Alcoa has been shrinking itself into a better company. It sold assets, shut high-cost operations, repaired its balance sheet and preached capital discipline.
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.
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.
A tentative easing of tensions in the Middle East has failed to convince market participants that shipping through the Strait of Hormuz will quickly return to pre-conflict norms, panellists said at Fastmarkets’ Iron Ore Decoded 2026 conference, held during Singapore International Ferrous Week.
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