(LOOTPRESS) – West Virginia coal production decreased week over week by -5.3%. Production declined in the NAPP region of the state by -3.7% and by -7.8% in the state’s CAPP region. Year to date, compared to the same 40 weeks of 2020, total state coal production is up +19.6%. +30.8% in the state’s NAPP region and +6.6% in the CAPP region of the state.
Estimated railroad shipments of West Virginia coal also decreased week over week. -3.7% in the NAPP region of the state and -13.6% in the state’s CAPP region. Total rail shipments for West Virginia decreased by 10.5% from the previous week. River shipments of coal decreased statewide by -1.6%. -1.63% in the NAPP region of the state and -1.6% in the state’s CAPP region.
National coal production also declined week over week by -6.2%. Production from the entire Appalachian coal basin decreased by -3.8% from the previous week, -8.6% in the Interior coal region and -7.3% in the Western coal region. Compared to the same time last year, total U.S. coal production is up +8.7%. +16.5% in the Appalachian coal basin, +7.3% in the Interior region and +5.6% in the Western basin.
EIA reported spot prices for Appalachian thermal coal increased week over week. +3.05% for NAPP coal and +3.1% for CAPP coal. ILB basin was unchanged, PRB prices declined by -0.37% week over week and prices for Western bituminous thermal coal decreased by -0.33% week over week. Compared to the same week last year, NAPP thermal coal prices are +47% higher, CAPP pricing is up +23.1%, ILB prices are +6.4% higher, PRB pricing is +13.1% higher and western bituminous coal prices are -3.6% higher. Average natural gas prices reported to EIA increased by +12.4% week over week. Compared to the same week last year, average natural gas prices are +191.8% higher.
Domestic iron and steel production declined week over week by -0.43% with capacity decreasing by -0.4%. Compared to the same 40 weeks of 2020, total U.S. steel production is up by +20.2%/ Cumulative capacity utilization is +21.4% higher than the same time in 2020.
Total U.S. electric generation decreased from the previous week by -1%. Generation in the New England region declined by -10.8%, -11.7% in the Mid-Atlantic region, while generation increased in the Southeast region week over week by +7.3%. Generation in the Central Industrial region decreased by -0.7% from the previous week. Compared to the same time last year, cumulative total U.S. electric generation is up +3.2%. +2% in the New England region, +2.7% in the Mid-Atlantic region, +3.6% in the Southeast region and +3.6 in the Central Industrial region.
Total U.S. rail traffic declined week over week by -0.5%. Coal carloads decreased by -6.8% from the previous week. Finished steel and steel raw materials traffic declined by -0.5%, auto parts and finished auto carloads increased by +15% week over week. Compared to the same 40 weeks of 2020, cumulative rail traffic is up +9%. Coal carloads are +11.9% higher, steel making traffic us +27.2% higher and auto making rail traffic is +4.8% higher than 2020.