Sentences with phrase «steelmaking coal prices»

Last year, that commodity contributed 53 % of its gross profit and it supplied nearly 75 % of the total during the first quarter of 2017 due to a spike in steelmaking coal prices.

Also, surging steelmaking coal prices last quarter, when coupled with record output, pushed Teck's profits from the segment up to CA$ 1.1 billion ($ 830 million), or 75 % of total gross earnings before D&A.

Not exact matches

The company says the decrease in its adjusted profit was due primarily to lower prices and sales volumes in its steelmaking coal business compared with a year ago.

If Teck does sanction that project, and copper prices improve, then it's possible that copper could rival steelmaking coal as its biggest moneymaker in the future.

Those price differences have widened in recent months due to supply disruptions that pushed the price of steelmaking coal up over $ 300 per ton even as thermal coal prices where Alliance produces have remained around $ 50 per ton.

Exports of metallurgical coal — used in steelmaking — accounted for 65 % of coal exports in the fourth quarter of 2011: 18.0 million short tons with an average price of $ 181.41.

Prices for metallurgical coal, the type used in steelmaking, have plunged in the last year as industrial activity softens in China and other emerging markets.