Great Lakes NOV Iron Ore Trade Dips

  • Wednesday, December 11, 2024
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month¡¯s 5-year average by 3.5 percent.

 

¡¾Ferro-alloys.com¡¿: Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.

Year-to-date the iron ore trade stands at 45.2 million tons, a decrease of 2.3 percent compared to the same point in 2023. Through November iron ore loadings are 4.2 percent above their 5-year average for that timeframe.

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.

  • [Editor:Alakay]

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