Lakes limestone trade up 15.4 percent in July

Lime

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

(CLEVELAND) — Shipments of limestone on the Great Lakes totaled 3.9 million tons in July, an increase of 15.4 percent compared to a year ago. July’s loadings were also slightly ahead of the month’s five-year average.

Loadings from U.S. quarries totaled 3.16 million tons, an increase of 22.3 percent compared to a year ago. Shipments from Canadian quarries totaled 700,000 tons, a decrease of 60,000 tons.

Year to date, the Lakes limestone trade stands at 12.6 million tons, a decrease of 9.6 percent compared to a year ago. Loadings from Michigan and Ohio quarries total 10.3 million tons, a decrease of 1.4 percent. Shipments from Ontario quarries total 2.35 million tons, a decrease of 13.4 percent.

The Lake Carriers’ Association represents 13 American companies that operate 49 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 sand, grain and gypsum. Collectively, these vessels can transport more than 100 million tons of cargo per year. More information is available at www.lcaships.com.

Information based on data from knowledgeable sources. However, accuracy cannot be guaranteed. The Lake Carriers’ Association assumes no legal responsibility for the outcome of decisions or commitments made on the basis of this information. This report represents the views of Lake Carriers’ Association and may not necessarily represent the views of its individual members.

By Professional Mariner Staff