24
Oct
21:06
Arch Coal sees margins hold, third-quarter earnings increase
Arch Coal is reporting third quarter net income of $123.2 million compared to net income of $68.4m in Q3 2017.
The company reports revenues totalling $633.2 million in Q3, which represents a 3% increase from the same period in 2017, Kallanish notes.
Arch continues to see strong margins from its metallurgical portfolio in Q3 2018, reporting an average cost of $62.54/short ton, which the company calls “... well below the US industry average for cokin…
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Very good overview of the weekly steel market.
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