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.
FLSmidth, a leading supplier of equipment and services to the global cement and minerals industries, has entered into an agreement to acquire Australian-listed company Ludowici for Au$7.20 per share, which corresponds to an enterprise value of approximately Au$267M.
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