Iron ore shipments on the Great Lakes fall 9 percent in May

Tuesday, 07 June 2016 23:59:44 (GMT+3)   |   San Diego
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6 million tons in May, a decrease of 9 percent compared to a year ago, according to a report today from the Lake Carriers’ Association.  Shipments also trailed the month’s 5-year average by 7 percent.

Shipments from US ports totaled 5.5 million tons in May, a decrease of 8 percent compared to a year ago.  Loadings at Canadian terminals dipped by 20 percent to 556,000 tons.

Year-to-date the iron ore trade stands at 15.4 million tons, an increase of 4 percent.  Loadings at US ports are up nearly 8 percent, but shipments from Canadian ports in the St. Lawrence Seaway are down 21 percent.



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