Port of Toronto’s steel cargoes in 2018 reach 20-year high

Thursday, 07 March 2019 23:29:23 (GMT+3)   |   San Diego
       

The Port of Toronto, Canada moved approximately 2.2 million metric tons of cargo in 2018, the port said in a press release Thursday.

In 2018, 178 ships visited the Port of Toronto, bringing sugar, road salt, cement, aggregate and steel. Overall the port moved 2,179,795 metric tons of cargo in 2018, surpassing the record-breaking year the port experienced in 2017. Further, this is the third year in the last five years that the Port of Toronto has moved in excess of 2 million metric tons of cargo.

In 2018, the port received steel products including rebar, merchant bar, steel plate and coils totaling 69,281 metric tons, representing the highest level of steel product moved through the port in 20 years. In addition, the port recorded 14,391 metric tons in warehousing storage, the highest level recorded since 2011.

The Port of Toronto is one of Canada's major inland ports and is situated on the northwest shore of Lake Ontario. Marine cargo arriving and managed at the Port of Toronto also generated $377.7 million in economic activity and 1,566 jobs in Ontario in 2017 as confirmed in a report – Economic Impacts of the Port of Toronto – published in September 2018 by Martin Associates.


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