US Great Lakes iron ore trade falls in August

Friday, 13 September 2013 01:59:15 (GMT+3)   |   San Diego
       

According to the Lake Carriers' Association, shipments of iron ore on the Great Lakes totaled 5.8 million tons in August, a decrease of 10 percent compared to July, and a drop of 9 percent compared to a year ago.  Loadings also trailed the month's long-term average by 10 percent.

Shipments from US ports totaled 5.1 million tons, a decrease of 6 percent compared to a year ago.  The August total included 447,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas.  Year-to-date overseas exports from U.S. Great Lakes ports total 1,994,000 tons.

Shipments from Canadian ports to Great Lakes destinations totaled 728,000 tons, a decrease of 24 percent compared to a year ago.

Year-to-date, the Lakes iron ore trade stands at 35.4 million tons, a decrease of 8 percent compared to a year ago.  Loadings are 5 percent below the long-term average for the January-August timeframe.


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