02
Nov
20:30
Warrior Met Coal anticipates weak steel demand
Warrior Met Coal says third-quarter revenue and profit declined, and the company foresees volumes in the current quarter to slip while steel demand is lacklustre.
Warrior has updated its guidance as a result of mine development costs, as well as changes in its net and interest incomes. The company currently expects its 2023 full year coal sales to be around 7.1-7.7 million short tons, and production to be between 6.8-7.4m st.
"Demand for steel is expec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous