Great Lakes iron ore trade falls in May and year-to-date

Thursday, 20 June 2013 00:40:17 (GMT+3)   |   San Diego

Shipments of iron ore on the Great Lakes totaled 6.4 million tons in May, an increase of 15.1 percent compared to April, but a decrease of 6.6 percent compared to a year ago, according to the Lake Carriers' Association. Loadings also trailed the month's long-term average by 4.8 percent.

Shipments from US ports totaled 5.8 million tons, a decrease of 2.9 percent compared to a year ago. The total in May included 380,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas.

Shipments from Canadian ports totaled 556,000 tons, a decrease of 33.5 percent compared to a year ago.

Year-to-date, iron ore trade on the Great Lakes stands at 17.2 million tons, a decrease of 8.6 percent compared to a year ago. Loadings are 3.1 percent below the long-term average for the January-May timeframe.

 

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