18
Nov
15:55
Low coal prices seen further hurting Czech miner
Standard & Poor’s expects low metallurgical and thermal coal prices to continue affecting Czech miner New Word Resources (NWR)’s profits and cash flows. Market dynamics are not seen improving in the coming quarters.
“Unless coal prices recover materially or an unforeseen positive development materially changes the company's circumstances, we believe the company could run out of cash as early as second quarter 2016,” the credit rat…
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