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.
The Western Australian government has approved funding for a new, dedicated iron ore berth at Geraldton to service up to seven mining projects active or proposed across the state’s mid-west.
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