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.
Africa-focused iron ore company Sundance Resources Ltd has confirmed that it has had talks with South Korean steelmaker POSCO about a possible partnership for the Mbalam iron-ore project on the border of Cameroon and Congo, West Africa.
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