Trade Resources Industry Views Shipments of Iron Ore on The Great Lakes Totaled 5.6 Million Tons in April

Shipments of Iron Ore on The Great Lakes Totaled 5.6 Million Tons in April

Shipments of iron ore on the Great Lakes totaled 5.6 million tons in April, a decrease of 9 percent compared to a year ago, according to the Lake Carriers' Association. However, loadings were 11 percent ahead of the month's five-year average.

Shipments from US ports totaled 4.9 million tons, a decrease of 9.5 percent compared to a year ago. The April total included 257,000 tons shipped to Quebec City for loading into oceangoing vessels and delivery overseas.

Shipments from Canadian ports totaled 700,000 tons. The decrease from a year ago--36,000 tons--is the equivalent of approximately 1.3 cargos in a Seaway-sized laker.

Year-to-date, the Great Lakes ore trade stands at 10.8 million tons, a decrease of 10 percent compared to a year ago. Loadings are, however, up more than 13 percent compared to the five-year average for the January-April timeframe.

Source: http://www.steelorbis.com/steel-news/latest-news/great-lakes-iron-ore-shipments-decline-in-april-759191.htm
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Great Lakes Iron Ore Shipments Decline in April
Topics: Metallurgy