GLIN==> Great Lakes Iron Ore Trade Down 11.2 Percent in March

Iron ore shipments on the Great Lakes totaled 1.9 million tons in March, a decrease of 11.2 percent compared to a year ago.  However, loadings were 6.75 percent ahead of the month's 5-year average.



Shipments from U.S. ports totaled 1.75 million tons, a decrease of 17 percent compared to a year ago.  However, the locks at Sault Ste. Marie, Michigan, that connect Lake Superior to the lower Great Lakes opened on March 21 in 2010.  This March the locks opened on their regularly-scheduled date: March 25.  Five of the seven U.S. ore ports are located on Lake Superior, so four less days of navigation clearly impacted the total.  Nonetheless, shipments were 100,000 tons ahead of March's 5-year average.



Through March the iron ore trade stands at 4.8 million tons, an increase of 17.2 percent compared to a year ago.  Loadings are also 9.4 percent ahead of the 5-year average for the first quarter.

Glen G. Nekvasil
Vice President - Corporate Communications
Lake Carriers' Association
Suite 720
20325 Center Ridge Rd.
Rocky River, OH  44116
Phone: 440-333-9996
Cell: 216-702-6360


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