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.

What to read next
Chromite prices rose further in the two weeks to Tuesday May 31 on support from cost pressures and logistical issues in South Africa
UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks
The European charge and high-carbon ferro-chrome benchmark for the third quarter of 2022 has slumped by 16.7% from the previous quarter’s settlement to $1.80 per lb
Executives at major flat-rolled steel producers in the United States discussed three common themes during their companies’ earnings calls for the second quarter of 2022, sharing views on a potential recession, affects from recent government policy changes and trends in steel raw materials
Following a consultation period and market feedback, Fastmarkets will switch its Houston ferrous scrap price series to a consumer buying assessment on January 1, 2023, from its current methodology as a dealer selling assessment.
Austrian aluminium producer AMAG and German automotive manufacturer Audi have developed a recycled aluminium material for vehicle wheels to be put into series production, it was announced on Wednesday, August 3.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed