07
Apr
18:34
SunCoke exits US coal-mining business
Lisle, Illinois-based SunCoke Energy has sold off its coal-mining assets to Revelation Energy LLC for $10.3 million, Kallanish learns from a company statement.
The deal includes a 300,000 st/year coal supply agreement for SunCoke’s Jewell Coke operations in Vansant, Virginia. The agreement will be in place for the next five years “… at a favourable delivered cost as compared to alternative coal sources, which is intended to provide a cost-effe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous