Trade Resources Industry Trends Shipments of Iron Ore on The Great Lakes Totaled 2 Million Tons in January

Shipments of Iron Ore on The Great Lakes Totaled 2 Million Tons in January

Shipments of iron ore on the Great Lakes totaled 2 million tons in January, a decrease of 37 percent compared to a year ago, according to a report Tuesday from the Lake Carriers' Association.? The decrease was entirely the result of the early and harsh winter.? Voyages that should have taken a few days often stretched more than a week.? There were also significant delays at loading docks.

Shipments from US ports totaled 1.8 million tons, a decrease of 39 percent compared to a year ago.? Only one port, Escanaba, Michigan, increased its shipments compared to a year ago.? Escanaba is located below the Soo Locks, so it can keep shipping after the locks close on January 15. Shipments on the Seaway totaled 237,000 tons, a decrease of 16 percent.

Source: http://www.steelorbis.com/steel-news/latest-news/iron-ore-shipments-on-us-great-lakes-decline-year_on_year-in-january-811681.htm
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Iron Ore Shipments on US Great Lakes Decline Year-on-Year in January
Topics: Metallurgy