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 trade war and particularly the Chinese tariffs on imports of US soya beans can now clearly be seen, with the start of the soya bean peak exporting period in the US.
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