13
Feb
17:53
Steelmaking coal prices buoy Teck Resources in 2018
Higher steelmaking coal prices partially offset weak prices for heavy crude oil and base metals, which weighed down Vancouver-based Teck Resources' fourth-quarter earnings, Kallanish has learned.
In its Q4 report, Teck says that declines in prices of heavy oil and base metals led to negative pricing adjustments, charges related to write-downs in inventory, and an operating loss at its Fort Hills, Alberta, mine.
“These items were partly offset by hig…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous