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27 Jul
18:21

Arch Coal increases 2017 met coal guidance

US metallurgical and thermal coal supplier Arch Coal has upped its met coal volume guidance for 2017 due to projected strong market conditions ahead, Kallanish learns from the company’s second quarter earnings review. Arch Coal now plans to ship between 6.9-7.1 million short tons of coking coal during the year, up from Q1’s guidance of 6.7-7.1m. “At the outset of the second quarter, global coking coal prices increased dramatically to nearly …
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