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28 Jul
18:16

Canadian iron ore carloadings fall significantly in May

Canadian iron ore freight shipments fell significantly in an on-year comparison during May, marking the first decline since October 2020 after six months of growth, Kallanish learns data collected by Statistics Canada. According to Statistics Canada's railway carloadings report, non-intermodal loadings in Canada fell 6.1% year-over-year in May to 22.9 million tonnes. The overall decline is largely attributable to a sharp drop in iron ore and concentr…
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