Lakes’ Ore Trade Stays in High Gear in August
CLEVELAND — For the second month in a row, shipments of iron ore on the Great Lakes reached their highest level in 6 years. The 7,242,492 tons loaded in August are the most since July 2008 when 7,318,961 tons moved from U.S. and Canadian ports. The August ore float also represents a slight increase over this July: 10,986 tons.
U.S. Great Lakes ports continued to drive the upturn. Loadings totaled 6,743,478 tons, an increase of almost 33 percent compared to a year ago. However, shipments from Canadian ports in the Seaway decreased by nearly 32 percent, in large part because of the closure of Wabush Mines.