Shipments of iron ore on the Great Lakes totaled 1.3 million tons in March, more than double their volume of a year ago, according to a report from the Lake Carriers’ Association (LCA). Loadings also topped the month’s five-year average by 10.6 percent.
Year-to-date, the iron ore trade stands at 3.7 million tons, an increase of 53.5 percent compared to 2022.
Iron ore shipments are 17.4 percent above their five-year average for the first three months of the year, LCA said.