EU’s Iron Ore Imports Down Again This Year
Iron ore imports from the EU have been on the decline, with 2023 proving to be no exception. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Oct 2023, global loadings of iron ore increased by +5.1% y-o-y to 1,343.8 mln tonnes, from 1,278.9 in the same period of 2022, based on AXS Marine vessel tracking data. It is also just above the 1,320.1 mln tonnes loaded in Jan-Oct 2021, which was the last all-time ...
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