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Great Lakes iron ore trade falls 11.3 percent in March

Keywords: Tags  Great Lakes trade, Lake Carriers' Association, iron ore, iron ore trade, iron ore loadings, Stacy Irish

NEW YORK — Iron ore shipments on the Great Lakes totaled 1.9 million tons in March, down 11.3 percent year on year, according to data from the Lake Carriers’ Association.

Shipments from U.S. ports totaled 1.8 million tons during the month, down 9.7 percent from the same month last year.

Meanwhile, shipments from Canadian ports fell nearly 40 percent to 113,000 tons in the same comparison.

The March 2013 total included 116,000 tons shipped to Quebec City for loading onto oceangoing vessels for delivery overseas.

Shipments for the first three months of the year totaled 5.2 million tons, down 11.1 percent from the same year-ago period, the Rocky River, Ohio-based association said.

However, first-quarter loadings were up more than 26 percent compared with the five-year average, the organization said.

A version of this article was first published by AMM sister publication Steel First.

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