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.
Metso Outotec will convert its existing 700mm Circulating Fluidized Bed pilot plant in Frankfurt, Germany, for hydrogen-based direct reduction of fine ore.
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