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Iron Ore Shipments Down

Posted at: 04/09/2013 4:48 PM

Shipments of iron ore on the Great Lakes totaled 1.9 million tons in March, a decrease of 11.3 percent compared to a year ago.

However, loadings were 9.3 percent ahead of the month’s 5-year average. Shipments from U.S. ports totaled 1.8 million tons, a decrease of 9.7 percent compared to a year ago.

The March total included 116,000 tons shipped to Quebec City for loading into oceangoing vessels and delivery overseas.

Shipments from Canadian ports totaled 113,000 tons, a drop of nearly 40 percent compared to a year ago.

Year-to-date, the Lakes ore trade stands at 5.2 million tons, a decrease of 11.1 percent compared to a year ago.

Loadings are, however, up more than 26 percent compared to the 5-year average for the first quarter.