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.
Vale has perform its first iron ore shipment to its global steel and mining company customer ArcelorMittal using a Valemax vessel, discharging at the port of Rotterdam.
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