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.
Africa-focused iron ore developer Sundance Resources has signed a Memorandum of Understanding with China Harbour Engineering Company Ltd (CHEC) to establish the scope, cost and delivery programme for the proposed bulk materials port at Lolabe, Republic of Cameroon.
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