Great Lakes Iron Ore Trade Down in March
CLEVELAND – Iron ore shipments on the Great Lakes totaled 579,217 tons in March, a decrease of 54.9 percent compared to 2021. Loadings also trailed the month’s 5-year average by nearly 60 percent.
Year-to-date the iron ore trade stands at 2.4 million tons, a decrease of 37.5 percent compared to last year. Iron ore shipments are 31.8 percent below 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.