Iron ore shipments on the Great Lakes in August increased by 8.6 percent compared to 2022 to a total of 5.5 million tons, according to the latest report from the Lake Carriers’ Association (LCA). Shipments were also above the month’s five-year average by 3.5 percent.
Year-to-date the iron ore trade totals 31.2 million tons, an increase of 28.9 percent compared to the same point last year.
Through August, iron shipments are 6.5 percent above their five-year average for eight months of the year, LCA said.