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.
DB Cargo AG has come up with a system that allows type ‘Ea’ bulk wagons, mainly used to transport iron ore and coal, to also be used to transport steel coils in shipping containers for its customer Voestalpine in Linz, Austria, reducing costs and turnaround time.
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