19
Feb
21:53
Weak prices halve Warrior Met Coal profits
US metallurgical coal producer Warrior Met Coal saw its 2019 profits halved from their 2018 levels, Kallanish reports.
Warrior earned $301.7 million on sales of $1.27 billion in 2019, down from earnings of $696.8m on sales of $1.38 billion in 2018.
During the year, Warrior produced a record 8.5 million short tons of metallurgical coal, up a full 9.5% over its 2018 production.
Ceo Walt Scheller points to a strategic initiatives focus in 2020, in…
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Anonymous
Very good overview of the weekly steel market.
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