Great Lakes iron ore shipments rise 10.9 percent in 2017

Wednesday, 10 January 2018 22:59:13 (GMT+3)   |   San Diego
       

Shipments of iron ore on the Great Lakes totaled 60.3 million tons in 2017, an increase of 10.9 percent over 2016 and the highest total recorded since 2012, according to a report today from the Lake Carriers’ Association. The 2017 ore float also bettered the trade’s 5-year average by 4.6 percent.

Loadings at US ports totaled 55.75 million tons, an increase of 13.4 percent, this despite the fact that Escanaba, Michigan, on the north shore of Lake Michigan shipped its final cargo on April 18. The iron ore mine that shipped through Escanaba, the Empire Mine in Palmer, Michigan, closed because it had exhausted its mineable reserves. Following that, all domestically mined iron ore had to transit the locks at Sault Ste. Marie, Michigan, in order to feed blast furnaces in Indiana, Ohio, Michigan, and Pennsylvania.  The Lake Superior ore ports that ship through the Soo Locks saw their loadings increase by 9.9 million tons, or 23.6 percent

Shipments from Canadian ports in the St. Lawrence Seaway totaled 4.6 million tons in 2017, a decrease of 12.4 percent compared to 2016.


Similar articles

Brazilian high-grade iron price increases

26 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 26, 2024

26 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Kumba Iron Ore’s output and sales down in Q1

26 Apr | Steel News

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Iron ore imports to Mexico grow 110 percent in February

25 Apr | Steel News

Iron ore prices edge up week on week, further movement awaited after May Day holiday

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

Daily iron ore prices CFR China - April 24, 2024

24 Apr | Scrap & Raw Materials