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.
South Africa-based Weba Chute Systems has recently supplied the transfer points for Rio Tinto’s iron ore extension project at Paraburdoo Mine in Western Australia. The two transfer points are similar to those installed and operational for the past 10 years at Kumba Sishen.
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