Global iron ore shipments increased 3.8% Y/Y, according to BIMCO
NewsGlobal iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.
Diversified South African-based resources group Exxaro Resources reports that it intends to restructure parts of the group to improve productivity, reduce cost of services and operations, and streamline its organisational structures.
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