08
Aug
21:03
Alpha Metallurgical reduces debt, increases profits during Q2
Tennessee-based metallurgical coal supplier Alpha Metallurgical Resources achieved record-high earnings during the second quarter, while also achieving its goal of long-term debt reduction.
Kallanish understands that Alpha bought back $268 million in outstanding shares through the company's repurchasing program to help strengthen its stability in an uncertain market.
Alpha earned $574.2m on sales of $1.34 billion during the second quarter, bringing the cā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous