Spend Matters Adobe Stock For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. MetalMiner, a sister site of ours, scours the landscape for what matters. This week: Iron ore outlook Amid recovering steel demand — in large part powered globally by China’s stimulus-driven recovery efforts — the demand for iron ore, too, has surged. MetalMiner’s Stuart Burns delved into the steelmaking material and asked if it has already reached peak prices for 2021. “Finished steel prices in China have fluctuated strongly through the winter,” Burns wrote. “Rebar prices are coming under considerable pressure, but coil prices are holding up well. That disparity underlines the relative strength of manufacturing compared to construction.