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.
Joint venture company Sedgman Civmec (SCJV) has been awarded a contract with BHP Billiton Iron Ore (BHPBIO) for civil, structural, mechanical, piping, electrical and commissioning works at the Jimblebar iron ore mine in Pilbara, Western Australia.
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