26
Feb
15:21
Arch, Peabody plan legal defence for joint venture
US coal producers Peabody and Arch Coal plan to legally challenge a US Federal Trade Commission decision blocking their potential joint venture, Kallanish reports.
The joint venture is primarily aimed at thermal coal, which will free Arch to pursue its on-going pivot toward seaborne metallurgical markets.
"We view the need for this combination as self-evident," says Arch ceo John Eaves. "The proposed joint venture promises to enhance th…
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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