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.
Indian consortium Damodar Ferro is to begin assessing iron ore deposits in Lalaua in Mozambique’s Nampula Province, with a view to exporting production via the port and railway of Nacala.
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