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.
Reactivation of South Australia’s Port Augusta as a bulk handling port has drawn a step closer with iron ore miner Havilah Resources signing a Memorandum of Understanding for use of export facilities.
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