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 iron ore imports fell to 88.5 Mt in July 2021, the lowest level since May 2020, meaning that accumulated imports were lower than in the first seven months of 2020.
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