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.
Commodities trader Glencore is in talks to merge with mining group Xstrata in an all-share transaction that could create a combined group worth more than US$79B (£50B)
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