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.
A coordinated rescue effort by creditors, suppliers and service providers – bolstered by a very modest recovery in global prices has seen Pilbara producer Atlas Iron resume production at three mines.
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