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.
More Western Australian iron ore is heading for China with Gindalbie Metals’ first shipment of Karara hermatite due to leave the port of Geraldton at the end of March.
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