Great Lakes coal trade down 11% in October
Shipments of coal on the North American Great Lakes were down by 11% to 2.7 million tons in October compared with a year ago, according to the Lake Carriers’ Assn.
Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.
Loadings at ports on Lake Superior rose by 5.5% but shipments from Lake Michigan and Lake Erie fell by 33.4% and 26.1% respectively.
There were no overseas shipments from Lake Superior in October.
For the year to date, the Lakes coal trade stands at 20.2 million tons, a decrease of 8.5% compared with a year ago. Loadings, however, are nearly 26% behind the five-year average for January-October.