25
Oct
18:16
Peabody sees continuing strength in seaborne coal
US coal supplier Peabody expects continued strong seaborne metallurgical coal demand and pricing through year-end, Kallanish learns from the company’s third quarter earnings review.
“Within seaborne metallurgical coal, fundamentals remain strong as global steel production has risen approximately 5% led by record Chinese steel production,” the company reports. “In addition, Chinese steel exports are down -30% year to date through September…
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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