13
Apr
17:58
Peabody Energy files for US bankruptcy
US thermal and metallurgical coal giant Peabody Energy has filed for chapter 11 bankruptcy protection, but the company expects little impact on its Australian metallurgical coal business, Kallanish learns from a company statement.
“Through this process, the company intends to reduce its overall debt level, lower fixed charges, improve operating cash flow and position the company for long-term success, while continuing to operate under the protection of the…
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