Lakes limestone trade down 16.8 percent in November

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The following is text of a news release from the Lake Carriers' Association:

(CLEVELAND) — Shipments of limestone on the Great Lakes totaled 2.5 million tons in November, a decrease of 16.8 percent compared to a year ago. November’s loadings were also 15.1 percent below the month’s five-year average.

Loadings from U.S. quarries totaled 2.1 million tons, a decrease of 16.2 percent compared to a year ago. Shipments from Canadian quarries totaled 406,000 tons, a decrease of 19.3 percent.

Year to date, the Lakes limestone trade stands at 25.3 million tons, a decrease of 8.3 percent compared to a year ago. Loadings out of Michigan and Ohio quarries total 20.5 million tons, a decrease of 12.1 percent. Shipments from Ontario quarries total 4.8 million tons, an increase of 12.9 percent.

By Professional Mariner Staff