Iron ore shipments on US Great Lakes fall 43 percent in March

Friday, 18 April 2014 01:00:52 (GMT+3)   |   San Diego
       

According to a release from the Lake Carriers’ Association Thursday, massive, thick ice formations on the Great Lakes limited iron ore shipments in March to 1.1 million tons, a decrease of 43 percent compared to a year ago.  Shipments from US Great Lakes ports fell even more, 52 percent.

Some of the ore that was loaded in March did not reach its intended destination until well into April.  Two vessels that departed Duluth/Superior at the western end of Lake Superior on March 26 did not arrive in Gary, Indiana, until April 7.  Under normal circumstances, the 797-mile voyage takes about 62 hours.

An iron ore cargo loaded in Escanaba, Michigan, on March 5 destined for Cleveland, Ohio, a voyage of 545 miles, was in transit for 12 days rather than the normal 50 hours.

Through March, the Lakes ore trade stands at 3.5 million tons, a decrease of 33 percent.  The decrease would be more, but in an effort to maintain steel production, 370,000 tons of iron ore moved in February, usually a month with no shipments.  The ice on the Lakes was not the only challenge faced.  The sub-zero temperatures nearly paralyzed the docks and one cargo took more than three days to load.  The vessel should have been full in about 6 hours.


Similar articles

India’s NMDC Limited reports 1% fall in iron ore output in April

03 May | Steel News

ArcelorMittal sees lower net profit and sales revenues in Q1

02 May | Steel News

Daily iron ore prices CFR China - April 30, 2024

30 Apr | Scrap & Raw Materials

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

Daily iron ore prices CFR China - April 29, 2024

29 Apr | Scrap & Raw Materials

India’s SMIOL to ramp up manganese and iron ore mining capacities

29 Apr | Steel News

India’s NMDC hikes prices of iron ore lumps and fines with immediate effect

29 Apr | Scrap & Raw Materials

Brazilian high-grade iron price increases

26 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 26, 2024

26 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet