02
May
15:13
Favourable met coal prices buoy Warrior earnings
Warrior Met Coal reports first quarter 2019 net income of $110.4 million, compared to net income of $178.7m in Q1 2018, Kallanish understands.
Q1 total mining revenues were $369.7m. Cost of sales were $182.6m, or 49.4% of mining revenues, compared to $190.7m, or 46.2% of mining revenues in Q1 2018.
“Warrior’s results in the first quarter reflect the continuing strong demand from our customers for our premium met coal…
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Very good overview of the weekly steel market.
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