Iron ore shipments on the Great Lakes totaled 1.3 million tons in March, an increase of 29.6 percent compared to a year ago, according to a report today from the Lake Carriers’ Association (LCA). However, loadings trailed the month’s 5-year average by 5.5 percent, LCA said.
Year-to-date the iron ore trade stands at 3.1 million tons, a decrease of 9.1 percent. Iron ore shipments are 10.7 percent behind their 5-year average for the first three months of the year, LCA said.