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Iron ore shipments on U.S. Great Lakes fall sharply

Iron ore shipments on the Great Lakes in March 2026 decreased 23.5 percent from a year ago, the Lake Carriers Association (LCA) reported. Loadings were also below the month’s 5-year average by 35.1 percent. 

The iron ore trade stands at 2.7 million tons, a decrease of 7.7 percent compared to 2025.

For the first three months of the year, iron ore shipments are 21.2 percent below their 5-year average.

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.

(Photo from LCA)

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