22
Apr
20:27
Arch Resources remains red in first-quarter
US metallurgical and thermal coal supplier Arch Resources remains in the red during the first quarter, Kallanish reports.
In the first quarter, Arch experienced a net loss of $337,000 on sales of $357.5 million. On-year, quarterly earnings are up from a net loss of $23.9m on sales of $405.2m in Q1 2020.
"Notably, our performance improved steadily as the quarter progressed, in lockstep with the expanding availability of the Covid-19 vaccine and decl…
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Anonymous
Very good overview of the weekly steel market.
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