Great Lakes/Seaway Iron Ore Trade Up in July

The Lake Carriers’ Association (LCA) reported that shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.4 million tons in July, an increase of 14.7 percent compared to a year ago., yet 2.3 percent below the month’s five-year average.

Shipments from U.S. Great Lakes ports totaled 6 million tons in July, an increase of 21.7 percent compared to a year ago, LCA said, while loadings at Canadian terminals in the Seaway totaled 391,000 tons, a drop of nearly 40 percent.

Year-to-date the iron ore trade stands at 30.1 million tons, an increase of 12.4 percent compared to the same point in 2016. Year-over-year, loadings at U.S. ports total 27.5 million tons, an increase of 14.3 percent. Shipments from Canadian ports in the St. Lawrence Seaway total 2.65 million tons, a decrease of 4 percent.