Great Lakes Iron Ore Trade Down 32.6 Percent in June
CLEVELAND – Shipments of iron ore on the Great Lakes totaled 3.9 million tons in June, a decrease of 32.6 percent from 2021. Shipments were 29.5 percent below the month’s 5-year average.
Year-to-date the iron ore trade stands at 13.8 million tons, 33.5 percent below the previous year’s total of 20.7 million tons. Iron shipments are below their 5-year average by 30.9 percent for the first half 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.