High volumes but big challenges

Global iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.

The new terminal will feature 21 pieces of advanced equipment designed to minimize consumption and emissions of polluting gases.

Five CEE signatories emphasize that the war against Ukraine has been financed from, among other things, Moscow’s revenues for its grain exports to the EU.

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

A total of 5.2 million tons of cargo were transported through port stations in February 2024, and 2.6 million tons through western border crossings.

Designing and installing new equipment might grab the headlines. But just as important for manufacturers is regular maintenance and inspection of systems.