Great Lakes/Seaway iron ore trade up nearly 3 percent in August

Shipments of iron ore on the Great Lakes/St. Lawrence Seaway totaled 6,048,409 tons in August, an increase of 2.9 percent compared to a year ago. However, shipments trailed the month’s five-year average by 5 percent.

Shipments from U.S. ports totaled 5.3 million tons in August, an increase of 7.7 percent compared to a year ago. However, loadings at Canadian terminals dipped by 23 percent to 709,000 tons.

Year-to-date, the iron ore trade stands at 32,851,570 tons, a decrease of 2 percent compared to the same point in 2015. Year-over-year, loadings at U.S. ports are up by 270,000 tons, or 0.9 percent and shipments from Canadian ports in the St. Lawrence Seaway have slipped by 955,000 tons, or 21.6 percent.

Maritime Editorial