30
Apr
07:05
Stanmore customers postpone June coal shipments
Australian mining company Stanmore Coal has been informed by regular customers from Japan, Korea and India to postpone the shipment of 250,000 tonnes of coking coal in June. This leaves the miner with no sales forecast for that month. The company is meanwhile considering accepting a take-over offer.
Stanmore Coal has thus decreased its underlying earnings (Ebitda) guidance for full-year 2020 from $92-100 million to $80-85m, Kalla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous