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28 Oct
20:40

Arch Resources' metallurgical segment remains resilient

US coal supplier Arch Resources’ metallurgical segment remained resilient through the third quarter despite a global decline in steel production, Kallanish learns from the company's latest earnings call conference. According to the company's leadership, this resilience is primarily the result of profound underinvestment in coking coal over the past few years. "Even after the step down from historic levels achieved earlier in the year,…
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