22
Oct
20:50
Arch sees losses continue into third quarter
US metallurgical and thermal coal supplier Arch Resources experienced continued losses in Q3, but the company expects market conditions to improve into 2021, Kallanish reports
Arch recorded a net income loss of $191.47 million on sales of $382.3m. This follows the company's net loss of $49.3m on sales of $319.5m in its second quarter.
"During the quarter, our core metallurgical segment continued to exhibit tight, disciplined cost control while ramping up…
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Anonymous
Very good overview of the weekly steel market.
Anonymous