Sunday, April 18, 2010

Great Lakes Iron Ore Shipments Soar In March


Iron ore shipments on the Great Lakes were higher in March than in any other March since 2006 as the American steel industry continues to pull out of recession.

The Lake Carriers' Association says its ore boats shipped 2,109,911 net tons in March. However, the year-to-date figure of 4.1 million tons is still 13% lower than the five-year average for the first quarter.


Duluth, Two Harbors, and Silver Bay all beat the five-year averages for March ore shipments. Superior didn't ship any iron ore at all last month. The locks at Sault Ste. Marie, Mich. opened on March 21, four days ahead of schedule, to accommodate the need for iron ore at steel plants.


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