Great Lakes/Seaway Iron Ore Trade Up in June
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.7 million tons in June, an increase of 16 percent compared to a year ago, the Lake Carriers' Association (LCA) reported. Shipments also bettered the month’s five-year average by 8 percent.
Shipments from U.S. Great Lakes ports totaled 6 million tons in June, an increase of 15 percent compared to a year ago, LCA said. Loadings at Canadian terminals in the Seaway totaled 698,000 tons, an increase of nearly 25 percent.
Year-to-date the iron ore trade stands at 23.7 million tons, an increase of nearly 12 percent compared to the same point in 2016. Year-over-year, loadings at U.S. ports total 21.45 million tons, an increase of 12.4 percent. Shipments from Canadian ports in the St. Lawrence Seaway have risen 6.5 percent to 2.3 million tons.