The Lake Carriers' Association reports that shipments of iron ore on the Great Lakes were below one million tons in March, a decrease of 39.1 percent compared to 2024.

Loadings were also below the month's 5-year average by 19.4 percent.

The Association notes that the iron ore trade stands at nearly three million tons year-to-date, a decrease of 31.9 percent compared to a year ago.

Iron ore shipments are 15.2 percent below their 5-year average for the first three months of the year.

Source: Lake Carriers' Association

 

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