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.
Chinese coking coal futures closed 5% higher on Wednesday 23 June, rising for a second straight session on supply concerns as safety inspection by authorities halted production at some mines.
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