25
Jan
05:26
South32 reports declining coal production, surging prices
South32, headquartered in Perth, Australia, reported December-quarter metallurgical coal output fell on-quarter but nickel production grew, reversing the trend in the September quarter, Kallanish learns.
Met coal production dropped 24% on-quarter to 1.192 million tonnes, leaving production in the first half-year – through December – of fiscal year 2022 (FY22) down 15% on-year at 2.77mt.
The decline came as South32 completed an extended longwall m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous