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 latest analysis by shipping association Bimco shows that, on one hand, soya bean exports to China in H1 2019 were up 10.9% compared with H1 2018, while on the other, exports to China in the 2018/2019 marketing year were down 68.7%
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