Great Lakes Information Network

GLIN==> Great Lakes Iron Ore Trade Up 6.4 Percent in April

Glen Nekvasil Nekvasil at lcaships.com

Thu May 19 10:48:50 EDT 2011

Iron ore shipments on the Great Lakes totaled 5.7 million tons in April, an increase of 6.4 percent compared to a year ago.  Loadings were also 13.8 percent ahead of the month's 5-year average.



Shipments from U.S. ports totaled 5.1 million tons, an increase of 9.2 percent compared to a year ago.  However, loadings at Canadians dipped slightly.



Through April the iron ore trade stands at 10.7 million tons, an increase of roughly 12.5 percent compared to both a year ago and the 5-year average for the January-April timeframe.  Shipments from U.S. ports are up 11.7 percent compared to a year ago and 13.7 percent ahead of their 5-year average.  Loadings at Canadian ports are 21 percent ahead of last year's pace, but marginally below their 5-year average for the first four months of the year.



Lake Carriers' Association represents 17 American companies that operate 55 U.S.-flag vessels on the Great Lakes and carry the raw materials that drive the nation's economy: iron ore and fluxstone for the steel industry, aggregate and cement for the construction industry, coal for power generation....  Collectively, these vessels can transport more than 115 million tons of cargo per year when high water offsets lack of adequate dredging.  More information is available at www.lcaships.com<http://www.lcaships.com/>.


-30-

Information based on data from knowledgeable sources.  However, accuracy cannot be guaranteed.  Lake Carriers' Association assumes no legal responsibility for the outcome of decisions or commitments made on the basis of this information.  This report represents the views of Lake Carriers' Association and may not necessarily represent the views of its individual members.

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


This email and any attached files are confidential and intended solely for the intended recipient(s). If you are not the named recipient you should not read, distribute, copy or alter this email. Any views or opinions expressed in this email are those of the author and do not represent those of the Lake Carriers' Association. Warning: Although precautions have been taken to make sure no viruses are present in this email, the company cannot accept responsibility for any loss or damage that arise from the use of this email or attachments.
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