Great Lakes Iron Ore Trade Down 2.5 Percent in 2024

Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.

The year-end total for the iron ore trade stands at 49.8 million tons, a decrease of 2.5 percent compared to 2023.

Compared to the trade’s 5-year average, 2024 iron ore loadings were up 3.8 percent.

© Lake Carriers’ Association

© Lake Carriers’ Association

Information based on data from knowledgeable sources. However, accuracy cannot be guaranteed. Lake Carriers’ Association assumes no
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