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.
With the short-to-medium prognosis for a recovery in iron ore and steel demand looking bleak, BlueScopeowned NZ Steel has put its Taharoa ironsands mining operation up for sale.
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