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.
Notwithstanding the still volatile state of iron ore prices and precarious international markets, one Western Australian producer has taken its first steps to develop a new Pilbara mine, rail and port project.
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