Tue, 23 Apr 2024 21:00:57 +0000
“In the first quarter of 2024, global iron ore shipments rose 3.8% y/y on expectation of strong Chinese steel production which, however, failed to materialise. Iron ore supply has grown faster than Chinese demand which could lead to weaker shipments ahead,” says Filipe Gouveia, Shipping Analyst at BIMCO. During the start of the year, Brazilian …
Full article: https://www.hellenicshippingnews.com/iron-ore-shipments-up-3-8-despite-weak-chinese-demand/