23
Apr
17:31
Arch Coal reports first-quarter increase in year-on-year earnings
Arch Coal has reported net income of $72.7 million on revenues of $555.2m for the first quarter of 2019, Kallanish reports. The Q1 figures compare favourably with net income of $60m on revenues of $575.3m for Q1 2018 for the coking coal miner based in St. Louis, Missouri.
"Our coking coal operations performed exceptionally well during the quarter as we captured record per-ton realisations on coking coal sales, delivered a solid cost performance and achieved…
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Very good overview of the weekly steel market.
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