Product
July 9, 2026
Written by Laura Miller
Iron ore shipments on the Great Lakes picked up in June, and year-to-date (YTD) shipments show improvement over last year.
The Lake Carriers’ Association (LCA), which represents the US-flag Great Lakes fleet, reported 5.1 million short tons (st) of ore shipments in June, a 4.5% year-over-year (y/y) increase. June’s shipments are “a near match” to the month’s five-year average, LCA said.
Alter Trading Corp. has purchased the operating assets of Iron and Metals Inc., located in Denver.
The latest tally of active drilling rigs increased in both the US and Canada this week, according to oil and gas rig count data published by Baker Hughes.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.
The import market for pig iron may have bottomed out, according to sources in Brazil.