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.
BIMCO’s Market Analysis Team has launched a graph section, where the shipping association’s members can get an overview of a specific sector, and how the supply side of that sector develops.
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