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.
Origo Partners Plc, a leading private equity investor in Mongolian natural resources, and global commodity trader Trafigura Beheer have formed a 50:50 joint venture company, Trafigura-Origo MGL, to invest in coal and iron ore opportunities in Mongolia.
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