25
Feb
10:57
Warrior profits sink in 2020
US metallurgical coal supplier Warrior Met Coal dipped into the red during 2020, Kallanish learns from the company’s full-year earnings review.
Warrior lost $35.8 million during the year on sales of $761.8m, down from a profit of $301.7m on sales of $1.24 billion in 2019.
Tons sold declined slightly in 2020 to 7.42m st from 2019’s figure of 7.98m st. The average net selling price, however, crashed to $102.62/st from 2019’s $154.89/st…
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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