China drives 5% increase in iron ore shipments despite weak demand
Global iron ore shipments have risen 5% y/y during the first 12 weeks of 2026, supported by stronger Chinese import demand, indicates Filipe Gouveia, Shipping Analysis Manager at BIMCO. “However, this increase has not been matched by Chinese steel production which fell 4% y/y during the first two months of the year. As a result, […]
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