Tuesday, May 18, 2010

Sharp Increase In Great Lakes Iron Ore Shipments

Iron Ore Shipments Doubled In April


Iron ore shipments on the Great Lakes in April showed a 146 percent increase over last year, according to figures just released by the Lake Carriers Association.

A total of 5.4 million tons were shipped from U.S. and Canadian Lakes and Seaway ports as a recovery in the steelmaking industry drove demand for iron ore higher.

Shipments from Two Harbors and Silver Bay were higher than they've been in any of the last five Aprils. Duluth shipments topped the five–year average, but Superior's shipments were lower than all of the last five years.

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