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.
The government of Sierra Leone has asked Shandong Iron and Steel Group, which now owns the Tonkolili iron ore project outright, to start processing some of the ore inside Sierra Leone.
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