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.
Mining company Rio Tinto, Australia-based iron ore company Sundance Resources, Maersk and China Harbour Engineering Corporation are among 16 companies shortlisted to build a $655M port in Cameroon.
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