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01 Dec
18:13

Corsa Coal sees metallurgical prices rising through Q1

US coal producer Corsa Coal is moving forward plan to increase its metallurgical coal output due to another expected rise in prices, Kallanish learns from company guidance. Corsa expects to sell about 250,000 short tons of metallurgical coal during the fourth quarter. The company’s margins on the coal are expected to be about $100/st, up 44% from Corsa’s margins in the third quarter. That trend is likely to continue into 2017, spurring the company…
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