29
Oct
16:56
Arch: Low-cost coal trims high-cost suppliers
The US metallurgical coal market appears to be in wait-and-see mode, which should pressure some producers out of the market, Kallanish learns from Arch Coal’s quarterly conference call with analysts.
US met coal market reached a bottom in October, says chief operating officer Paul Lang – or about $160/short ton, on an average index price basis.
The bright side of lacklustre pricing, says senior vice president of strategy Deck Slone, is that higher…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous