Great Lakes Iron Ore Trade Up 8.6 Percent in August
CLEVELAND – Iron ore shipments on the Great Lakes in August increased by 8.6 percent compared to 2022 to a total of 5.5 million tons. Shipments were also above the month’s 5-year average by 3.5 percent.
Year-to-date the iron ore trade totals 31.2 million tons, an increase of 28.9 percent compared to the same point last year.
Through August iron shipments are 6.5 percent above their 5-year average for eight 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.