30
Apr
11:45
Warrior delays met coal investment in Alabama
Warrior Met Coal is pushing the planned initial investment in its Blue Creek longwall project in Alabama back until at least July, Kallanish reports.
Company executives said in an earnings conference call with analysts earlier this week that the decision to suspend the initial $25 million investment was due to a combination of Covid-19 uncertainty and weak market conditions.
“It’s probably a little bit of both,” says ceo Walt Schelle…
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Anonymous
Very good overview of the weekly steel market.
Anonymous