15
Feb
10:47
South32 profits increase as coking coal firms
South32 recorded improved profits in the first half of its financial year ending June 2019, driven by higher metallurgical coal output and margins. Coking coal prices meanwhile have remained firm this week despite the chaos in other markets, Kallanish notes.
South32 produced 3.082 million tonnes of metallurgical coal and 758,000t of thermal coal from its Illawarra mine in Australia, where production increased noticeably in the December quarter. It also saw margi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous