Iron ore shipments on the Great Lakes totaled 4.8 million tons in April, an increase of 55.1 percent compared to last year, according to a report today from the Lake Carriers’ Association (LCA). Shipments were just slightly below the month’s five-year average of 4.7 million tons.
Year-to-date, the iron ore trade stands at 8.5 million tons, an increase of 54.4 percent compared to the same point in 2022, when the level was 5.5 million tons.
Through April, iron ore shipments are 6.8 percent above their five-year average for four months of the year, which is 7.9 million tons.