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.
Rescuers are searching for some 300 missing people after a tailings dam breached at the Feijao iron ore mine in Brazil’s Minas Gerais state.
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