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.
Fortescue Metals Group has opened its third berth at Herb Elliott Port, near Port Hedland in Western Australia, a key milestone in the company’s plan to triple iron ore production by mid-2013.
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