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U.S. Great Lakes iron ore and limestone trades down in October

Shipments of iron ore and limestone on the Great Lakes were down in October compared to a year earlier, reported the Cleveland-based Lake Carriers’ Association.

Iron ore shipments in October totaled 4.4 million tons in October, a decrease of 1.3 percent compared to 2024.  Shipments were 8 percent below the month’s 5-year average.

Year-to-date, the iron ore trade stands at 35.8 million tons, a decrease of 12.6 percent compared to last year.

Shipments of limestone on the Great Lakes totaled 3.2 million tons in October, a decrease of 3.8 percent compared to 2024. Limestone cargos were also below the month’s 5-year average by 10.7 percent.

Loadings from U.S. quarries totaled 2.6 million tons, a 6.1 percent reduction. Shipments from Canadian quarries increased 6.8 percent to 626,805 tons.

Year-to-date, the limestone trade stands at 22.8 million tons, a decrease of 5.6 percent compared to a year ago. Loadings from Michigan and Ohio quarries decreased 4.5 percent from last year to 18.6 million tons; while shipments from Ontario quarries total 4.2 million tons, a decrease of 10 percent. 

(LCA photo)

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