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.
The Western Australia Environmental Protection Agency (EPA) has given a conditional approval for a new iron ore export terminal to be built at Port Hedland to cater for exports from the Pilbara region produced by the North West Iron Ore Alliance.
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