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Iron ore trade down in U.S. Great Lakes

CLEVELAND – Shipments of iron ore from U.S. Great Lakes ports totaled 5 million tons in May, a decrease of 7.7 percent compared to 2024. Shipments were 3.1 percent below the month’s 5-year average, reports the Lake Carriers Association.

Year-to-date, the iron ore trade stands at 11.7 million tons, a decrease of 18.6 percent compared to a year ago.  Iron ore shipments were also 11.8 percent below their 5-year average for five months of the year.

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 by David Schauer of James R. Barker to load iron ore at Duluth)

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