Great Lakes Iron Ore Trade Up Slightly in March
CLEVELAND – Iron ore shipments on the Great Lakes totaled 1.3 million tons in March, a near match to 2020. However, loadings trailed the month’s 5-year average by 13.5 percent.
Year-to-date the iron ore trade stands at 3.9 million tons, an increase of 26.3 percent compared to last year. Iron ore shipments are 12.2 percent ahead of their 5-year average for the first three 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.