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News Breaks
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October 28, 2009
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| 16:28 EDT |  | ICO |
| theflyonthewall.com: | International Coal provides operational guidance | | Ben Hatfield, ICG President and CEO stated, "We have seen signs of recovery amid the market weakness as thermal coal prices have recently improved, and spot market interest for metallurgical coal from the international market has picked up. The outlook for domestic metallurgical demand has also improved as blast furnace utilization rates are climbing. We believe that 2010 could be a balancing year for coal demand that sets the stage for a much stronger market in 2011." :theflyonthewall.com |
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