13
May
01:00
Czech miner sees output hike to meet 2015 targets after 20% slump in Q1
Czech coal miner New World Resources (NWR) expects its production to increase throughout the year so that it successfully meets its 7.5-8 million tonnes target for 2015. This comes after output and sales plunged on-year in the first quarter. The firm is also in talks with potential investors about refinancing its €35 million senior secured facility.
Production was down -20% on-year in Q1 to 1.78mt, while coking coal sales fell by the same percentage to …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous