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.
Mining group Anglo American has strongly rejected the merger plan put forward by Xstrata, saying that the proposal is “totally unacceptable” and not in the interest of Anglo American shareholders.
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