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Sunday, October 22, 2017

Great Lakes Iron Ore Trade Down in September

October 26, 2015

Photo: LCA

Photo: LCA

Iron ore shipments on the Great Lakes totaled 5.6 million tons in September, a decrease of 20.6 percent compared to a year ago, the Lake Carriers' Association (LCA) reported. Shipments were down 11 percent from the month’s five-year average. 
 
Loadings at U.S. ports in September fell 25.5 percent compared to a year ago, while shipments from Canadian ports rose 42.8 percent.
 
Through September, the Lakes/Seaway ore trade stands at 39.1 million tons, a decrease of 4 percent compared to the same point in 2014. Shipments are down 6.3 percent compared to the five-year average for the first three quarters.
 
Loadings at U.S. ports are down 7.6 percent compared the corresponding period last year, while shipments from Canadian ports are up 29.9 percent.
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