Great Lakes Iron Ore Trade Down in April
CLEVELAND – Iron ore shipments on the Great Lakes totaled 3 million tons in April, a decrease of 44.7 percent compared to last year. Shipments were 41.3 percent below the month’s 5-year average.
Year-to-date the iron ore trade stands at 5.5 million tons, a decrease of 41.7 percent compared to the same point in 2021. Through April, iron ore shipments are 37.4 percent below their 5-year average for four months of the year.
Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet, which today can move more than 90 million tons of cargos annually that are the foundation of American industry, infrastructure, and power: iron ore, stone, coal, cement, and other dry bulk materials such as grain, salt, and sand. More information is available at www.lcaships.com.
Information based on data from knowledgeable sources. However, accuracy cannot be guaranteed. Lake Carriers’ Association assumes no legal responsibility for the outcome of decisions or commitments made on the basis of this information. Report represents the views of Lake Carriers’ Association and may not necessarily represent the views of its individual members.