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, Itochu Corporation and Mitsui & Co Ltd have extended their long-term joint-venture relationship in BHP Iron Ore (Jimblebar) Pty.
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