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.
South Africa’s Labour Court has ruled to prohibit a planned strike called by the National Union of Mineworkers (NUM) at Kumba Iron Ore’s Kolomela Mine in Postmasburg.
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