Lakes Limestone Trade Down (7/11)

 

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The Lake Carriers' Association has issued the following news release on July 11.

 

  • Lakes Limestone Trade Down Nearly 8 Percent in June

 

Shipments of limestone on the Great Lakes totaled 3.7 million tons in June, a decrease of 7.8 percent compared to a year ago.  June’s loadings were, however, just slightly below the month’s 5-year average.

 

Loadings out of U.S. quarries totaled 2,948,189 tons, a decrease of 10 percent compared to a year ago.  Shipments from Canadian quarries totaled 780,907 tons, an increase of 16,770 tons, or roughly one load in a river-class laker.

 

Year-to-date the Lakes limestone trade stands at 9.8 million tons, a decrease of 1 percent compared to a year ago.  Loadings out of Michigan and Ohio quarries have slipped 4 percent to 7,842,580 tons.  Shipments from Ontario quarries total 1,950,646 tons, an increase of 233,000 tons.

 

Lake Carriers’ Association represents 14 American companies that operate 56 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, as well as salt, sand and grain.  Collectively, these vessels can transport more than 100 million tons of cargo per year.  More information is available at www.lcaships.com.

 

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