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.
Rio Tinto, the world’s second biggest iron ore producer, has announced the return to service of its Car Dumper 2 and the resumption of full operations at its Cape Lambert export terminal in Australia.
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