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Tuesday, June 28, 2022

Great Lakes Iron Ore Trade Down 20.4% in May

Maritime Activity Reports, Inc.

June 14, 2022

(Image courtesy LCA)

(Image courtesy LCA)

Shipments of iron ore from U.S. Great Lakes ports totaled 4.4 million tons in May, a decrease of 20.4% compared to a year ago and 21.9% below the month’s five-year average, the Lake Carriers’ Association (LCA) reported.

Year-to-date the iron ore trade stands at 9.9 million tons, a decrease of 33.9% compared to the same point in 2021, LCA said. Iron ore shipments were also 31.4 % below their five-year average for five months of the year.

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