Great Lakes 2024 Iron Ore Trade Dips 2.5 PCT

Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.

The year-end total for the iron ore trade stands at 49.8 million tons, a decrease of 2.5 percent compared to 2023.

Compared to the trade’s 5-year average, 2024 iron ore loadings were up 3.8 percent.

Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet, which today can move more than 90 million tons of cargos annually that are the foundation of American industry, infrastructure, and power: iron ore, stone, coal, cement, and other dry bulk materials such as grain, salt, and sand.  More information is available at www.lcaships.com.