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07 Nov
14:18

Corsa sees continued difficulties for metallurgical coal market

US metallurgical coal supplier Corsa Coal expects the market to remain difficult through at least year-end, Kallanish learns from the company’s third-quarter earnings review. Corsa earned $1 million on sales of $58.1m during Q3, up from a loss of $1.5m on sales of $61.6m in Q3 2018. Q3 was characterised by operational improvement and debt reduction against a backdrop of weak market conditions, says ceo Peter Merritts. “Operationally, Corsa'…
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