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.
It has been reported in South Africa that Kumba Iron Ore is again in talks with Transnet over the creation of a public private partnership (PPP) to manage the transport of dry bulk exports in South Africa.
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