There has been a huge shift in momentum from the met coal side to the thermal coal side over the last few weeks as we reported in our $CEIX earnings preview last week. And having just returned from the West Virginia Coal Association’s Annual Meeting at the Greenbrier, I can confirm that attitudes are cautiously optimistic about a solid back half of the year…
The European Union’s recent initiation of an anti-dumping (AD) investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam has triggered significant responses from global market participants. Concerns are rising over the potential impact on supply chains and pricing across the steel industry…
A rundown of recent price changes in the broader coal markets…
We walk through calibrating our CEIX model buildup and our projections for Q2…
In this post, we take a look through our current projections for AMR’s Q2 earnings and the process of how we build them up…
A rundown of the week’s news and price assessments…
Peabody reported strong financial results for Q2 2024, beating estimates by a wide margin with a net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, and adjusted EBITDA of $309.7 million…
Warrior Met Coal announced robust financial and operational results for the second quarter of 2024, showcasing its continued success despite facing challenging market conditions…
Anglo American announced that the fire at the Grosvenor coal mine in central Queensland is believed to be extinguished…
A walk through our Q2 estimates for HCC relative to expectations…
Met coal prices are down again, but by less as the deceleration continues leading into August as market participants wait on their saviors in India…