Iron Ore Trade Down in May
CLEVELAND – Shipments of iron ore from U.S. Great Lakes ports totaled 5 million tons in May, a decrease of 7.7 percent compared to 2024. Shipments were 3.1 percent below the month’s 5-year average.
Year-to-date, the iron ore trade stands at 11.7 million tons, a decrease of 18.6 percent compared to a year ago. Iron ore shipments were also 11.8 percent below their 5-year average for five 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.