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.
BHP Billiton has announced approval of US$917M in pre-commitment funding for the construction of a 100 mtpa outer harbour facility associated with its Western Australia Iron Ore operations.
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