Iron ore shipments on the Great Lakes down 46.5 percent in July

Iron ore shipments on the Great Lakes down 46.5 percent in July

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Shipments of iron ore on the Great Lakes totaled 3.5 million tons in July, a decrease of 46.5 percent compared to a year ago, according to a report from the Lake Carriers’ Association (LCA). Shipments were also 41 percent behind the month’s 5-year average.

Year-to-date the iron ore trade stands at 20.7 million tons, a decrease of 22.6 percent compared to the same point in 2019, LCA said, while iron ore shipments are 19.8 percent behind their 5-year average for the first seven months of the year.

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